Jobs report: As fewer try to find work, unemployment rate drops to 8.1 percent

The unemployment rate moved downward another notch in April, to 8.1 percent, the Labor Department reported Friday, but the drop was hardly the good news it seemed to be.

The unemployment figure, which reflects the percentage of people looking for work, fell largely because people gave up trying to find jobs. People who quit seeking work are no longer counted as unemployed.

Read full article >>



Add to Facebook
Add to Twitter
Add to Reddit
Add to StumbleUpon



This entry was posted in News and tagged , , , , , , , , . Bookmark the permalink.

 

Our keys

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>