Despite the unemployment rate dropping three tenths of a point in the latest jobs report (to 7.8 from 8.1), the economy only added just over 100,000 jobs…not enough to keep up with population growth. The rate drop is a consequence of a mid-year adjustment and the record-low workforce participation rate, as you can see in the second graph below.
Author:Donald Gooch
Date: Friday, 5. October 2012 9:55
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Donald M. Gooch is an Assistant Professor of Political Science in the Department of Government at Stephen F. Austin State University. He received his PhD in Political Science at MU-Columbia in 2009. Dr. Gooch is an expert in American politics, public law, research methods and public policy. His research agenda includes political polarization (mass, elite, institutional – i.e. USSC), state campaign finance, civic education, and issue voting. He is the Pre-Law advisor and faculty sponsor for Moot Court at SFA.