Monday, May 05, 2014

JOBS - Latest Jobs Report Misleading?

"Good news in jobs report bolstered by shrinking workforce" PBS NewsHour 5/2/2014


SUMMARY:  The jobs report released Friday finds that employers added 288,000 jobs in April and the unemployment rate fell to 6.3 percent.  However, the dip in unemployment was driven by a sharp decline — more than 800,000 — in the number of people who worked or searched for work last month.  Economics correspondent Paul Solman reports on the dwindling labor force.

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