Unemployment edged down because 342,000 quit looking for work

For the second straight month, President Obama is spinning pathetically weak job data as “good news.” Who is he kidding?

The economy added a measly 115,000 jobs in April. At that poky rate, we wouldn’t fully bounce back from the Great Recession until the presidential election in 2016.

And the only reason unemployment inched down to 8.1% was that another 342,000 Americans gave up looking for jobs and dropped out of the workforce completely. Miserable.

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