The unemployment rate isn't always the best measure of the job market, because it only includes people who have actively searched for work within the last four weeks. Many Americans just aren't looking for jobs.
In fact, about 91 million adult Americans don't work, and aren't looking for jobs. They make up 37% of the population -- the highest level on record since 1978.
Yes, some of them are workers who've been MOREAnnalyn Kurtz - Feb 10, 2014 2:20 PM ET
Friday morning could bring more good news about the economy when the Labor Department releases its latest monthly jobs report.
Economists surveyed by CNNMoney predict the report will show 193,000 jobs were added in December, consistent with a story of solid hiring in the last four months of 2013. The unemployment rate is expected to remain at 7% as some workers rejoin the labor force.
And on Wednesday, payroll processor ADP (ADP) MOREAnnalyn Kurtz - Jan 8, 2014 10:05 AM ET
The job market is gradually improving, but it's still tough out there for the 11 million Americans who remain unemployed. Wouldn't it be great to just look into a crystal ball and see the jobs that will have the greatest demand for workers in the next decade?
Thankfully, the Labor Department did just that (only they used massive surveys and advanced statistics, not actual crystal balls).
Unfortunately, the news is rather depressing. MOREAnnalyn Kurtz - Dec 19, 2013 12:45 PM ET
2013 is on track to be the strongest year for hiring since 2005, which is great news, given the jobs recovery has been frustratingly slow for three years.
With 11 million Americans still unemployed, the job market is far from fully healed, but we're happy to celebrate along with our readers who recently found new jobs.
I got a job in November. I am so happy, humble and excited. #igotajob— chris harden MOREAnnalyn Kurtz - Dec 6, 2013 5:03 PM ET
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