From the News-Gazette: There’s good — and bad — news about the employment picture in the nation and Illinois.
As has been the case for months now, the national unemployment numbers present a mixed picture.
On the surface, they’re good, almost encouraging. But a deeper examination shows just how far the lagging economic recovery has to go.
The U.S. Labor Department recently announced that the March unemployment rate has fallen to 4.5 percent, the lowest levels in a decade. At the same time, it disclosed that the labor force participation rate — the percentage of people who could be working — stands at a disappointing 63 percent.
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