Lower unemployment rate may mean people just gave up looking for jobsSubmitted by DeMolay on Sat, 01/08/2011 - 05:53
By Don Lee, Los Angeles Times
January 8, 2011
Although the unemployment rate dropped dramatically to 9.4% in December, the government reported, employers added only 103,000 jobs, below many analysts' expectations. The report on average weekly work hours was also disappointing.