Advertisement
Send tips to video@realclearpolitics.com

Real Clear Politics Video

The Latest Politics, News & Election Videos

Bernstein: Drop In Unemployment Rate Due To Drop In Labor Force

Former Obama administration economic adviser Jared Bernstein says that the drop in the unemployment rate is due to the number of people leaving the work force.

A couple of things jump out at me. First of all, this looks like one of those months where the gains in unemployment -- the reduction in the rate -- comes more from a decline in the labor force than more jobs. The employment on the household side looks like it didn't grow at all, which is actually fairly consistent with the past few months being large positive outliers.

In The News

Most Watched

Video Archives - October 2013

SMTWTFS
12345
6789101112
13141516171819
20212223242526
2728293031