Americans Give Up Looking For Work

From The Daily Caller:

More than 800,000 Americans gave up hope and stopped looking for work in April 2014, five years after President Barack Obama was inaugurated.

The startling change in the workforce was accompanied by good news show that 288,000 new jobs were added to the economy. That’s roughly three times the normal monthly growth of the working-age population, including roughly 50,000 extra immigrants.

The combination of fewer people looking for work, plus the increased number of employed, dropped the formal employment rate from 6.7 percent to 6.3 percent, according to the Bureau of Labor Statistics.

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