Unemployment Down As Americans Drop From Labor Force

by Ed Krayewski.        The headlines say the news is good. Official unemployment in the U.S. dropped from 6.7 to 6.3 percent, the lowest rate in five years, as 288,000 nonfarm jobs were added, according to the Bureau of Labor Statistics (BLS). The steep drop in the unemployment rate, however, was a function of more than 800,000          ... MORE