Saturday, May 3, 2014
April 2014 Job Market Reports -- Full Versions
According to CNN money jobs recovery is chugging along, but the labor market remains far from fully healed from the crisis... http://money.cnn.com/2014/05/02/investing/april-jobs-report
So why is the workforce shrinking?
Most of the momentum in job creation is due to the 288,000 positions filled for the month of April. This big job surge plunges the unemployment rate according to the U.S. Labor Department. Read more: http://nydn.us/PZzJR9
Another reason is what economists say is based largely on people dropping out of the labor force. The share of Americans in jobs or actively looking for work dropped to 62.8%, returning to the lowest level since 1978. On the other hand some simply decided to start a new business or seek gigs from outsourcing sites.
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