Unemployment rates - dropping for all the wrong reasons

It helps the unemployment rate look better when so many folks have given up looking for a job and dropped out of the work force.

Hiring continued at a slow pace in August, and the unemployment rate fell as more Americans dropped out of the labor force.
The U.S. economy added 169,000 jobs in August, the Department of Labor said Friday. Although that was an improvement from 104,000 jobs added in July, it was also slower than the average pace of job growth over the last 12 months, and missed economist expectations.
Job growth for both June and July was also revised lower by a total of 74,000 jobs.
Meanwhile, the unemployment rate fell to 7.3%, but the decline came for the wrong reasons, as 312,000 people dropped out of the labor force. Only 63.2% of Americans now participate in the labor force -- meaning they have a job or are looking for one. That's the lowest rate since August 1978.

http://money.cnn.com/2013/09/06/news/economy/august-jobs-report/index.html?hpt=hp_t2

The 'boom' is in part time employment with no health benefits...that's why unions...Hoffa Jr are ticked that this will ruin the labor force..not to mention the clout of the unions themselves....BUT...they supported this [name] cowh healthcare from the beginning....