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all eyes were on the april jobs report this week. welcome to "your $$$$$." fewer jobs than expected were created and the labor force participation rate dropped to its lowest level since 1981. hold organizati hold organization i'll tell you what that is. bottom line, this was not a good report. chris even romans is here to break it down for us. >> 115,000 jobs isn't enough to convince anyone there's robust hiring going on here. hiring actually slowing in 8.1% as you point out is a drop in the unemployment rate, but it's because so many people dropped sought of the workforce in the mon...

>> reporter: the reason president obama can tout a lower unemployment rate, 342,000 people got discouraged and dropped out of the work force. that means the number of americans looking for a job is lowest level in 30 years, even though the president said was good news. >> the unemployment rate ticked down again. after the worst economic crisis since the great depression our businesses have created more than 4.2 million jobs. >> reporter: companies did add 130,000 jobs in april and he can boast the private sector jobs have reached 111 million. also good. government job creation numbers for febr...

Today's report, bill was one very little sunshine in it. in fact so little, that 34,000 americans simply gave up and went home -- 342,000. we need to do a lot better than that. bill: the labor participation rate is dismal. of the percentage of americans eligible for working the number, 63.6% today. you would have to go back to 1981 before the number is that low. that's remarkable. >> this is a testament to of completely tailed set of -- failed set of labor market policies. this the lowest fraction of americans even trying to work in 3 1/2 decades. we need to put in place policies which encoura...

of the secret service prostitution scandal goes public with lurid new details. sh he says the scandal has ruined her life too. we begin with today's much anticipated update on the economic recovery. the numbers say the recovery is still alive but barely. the unemployment rate ticked down to 8.1%. mostly because thousands of people left the labor force. employers added 115,000 new jobs in april. tens of thousands fewer than most experts predicted. any way you or the presidential candidates look at it, the numbers could be better. >> there are still a lot of folks out of work, which ...

college and the need to head off a spike in student loan interest rates. we'll take the president as soon as he steps up to the mike. we are watching an animal preserve in ohio. two leopards, two monkeys and a bear will be returned to the widow of the man who turned his pets loose before taking his own life. sanford, florida has a new police chief. we're watching the live pictures from there. richard meyers is being introduced at a news conference, all three stories happening right now, we have them covered we'll bring you the latest as they happen. we're also hearing from the es...