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Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment
Grade 9-12
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Video
Making Sen$e with Paul Solman: Good news in jobs report bolstered by shrinking workforce
Updated: May 2 2014,
Standards
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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