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Good news in jobs report bolstered by shrinking workforce

Clip: 5/2/2014 | 3m 48s

Good news in jobs report bolstered by shrinking workforce

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.

05/02/2014 | Rating NR

Problems playing video? | Closed Captioning Feedback

Problems playing video? | Closed Captioning Feedback

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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Kerry urges meeting between South Sudan rivals

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Shields and Brooks on the flagging labor force

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U.S. and Europeans unite to persuade Russia to back down

U.S. and Europeans unite to persuade Russia to back down

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...