Grade 9-12

Making Sen$e with Paul Solman: Good news in jobs report bolstered by shrinking workforce

Updated: May 2 2014,
Author: barreladmin
Open Video

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.