Forget lower jobs growth, the number of people who've stopped looking for work is much more worrisome
- Written by Michael Klein, Professor of International Economic Affairs, Fletcher School, Tufts University
Millions of unemployed Americans have become too discouraged to look for work.Manop_Phimsit/Shutterstock.com
The latest jobs report showed a lackluster gain in jobs in May that was worse than economists had predicted.
While the sudden slowdown in jobs growth after many months of strong numbers is worrying and signals a weakening economy, a more...