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Transcripts For CNNW Wolf 20140502

Report looks terrific. But when you dig a little bit deeper, there is some disappointing news. The Labor Department says 288,000 jobs were added in april. Thats significantly more than expected, very good number. The Unemployment Rate fell from 6. 7 to 6. 3 . Also encouraging. But thousands and thousands of people continue to drop out of the labor force in april. For more, our team of experts. Cnns chief Business Correspondent christine romans, ryan mack, president of optimum capital management, and cnns Global Economic analyst rana ferura. These latest numbers, pretty encouraging. What does it say about the Overall Health of the u. S. Economy . It says the slow healing continues it the economist who is the adviser to the big german insurer, wellknown economist, has told me this is a turning point for the labor market. You pointed out sort of that drop in Unemployment Rate in some of the statistical reasons why it fell. The Labor Department telling us its not because they were discoura

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