Behind The Numbers: Workforce Dropouts

By Charles McMillion

Created 04/03/2009 - 4:01pm

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March Unemployment: The Rest Of The Story

Friday’s Bureau of Labor Statistics report on unemployment and jobs in March confirms that the economy continues to spiral downward. But the news reports only tell a small part of the story. The other part of the story is who is counted and who is not counted in the unemployment figure.

The unemployment rate in March only tells a small part of the story. The other part of the story is who is counted and who is not counted in the unemployment figure.

Today’s Bureau of Labor Statistics report on unemployment and jobs in March confirms that the economy continues to spiral downward as deeply stressed households face worsening employment and financial conditions.