10 years ago
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Number of Americans looking for work at lowest level since 1970s
The report from the US Department of Labor shocked economists on Friday who had been expecting the number to increase by at least 200,000. The report said the unemployment rate had dropped to to 6.7% in December, but the fall was explained almost entirely by people giving up on their search for work.
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http://www.theguardian.com
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It seems misleading to say the fewest number of people since 1970 are looking for work when it's due to people just giving up. Being frustrated and taking a break doesn't mean they still don't want/need a job. I don't see how this is a useful metric.