Jun 5, 2012
Was the jobs report disappointing?
The latest national jobs report showed 115,000 net new non-farm jobs created last month. This resulted in a reduction in the unemployment rate from 8.2 percent to 8.1 percent. But 500,000 people also dropped out of the labor force. So was this a positive or a negative report? N.C. State University economist Mike Walden responds.