Independent voices from the TWT Communities
The big drop in the unemployment rate in recent months came at a fortunate time for President Obama, but economists say it as much because of young people dropping out of the labor market as it is the result of businesses adding jobs.
"The historically difficult labor market that the recession created spurred even more youths to shift their focus from searching for a job to getting an education," said Mark Doms, chief economist at the U.S. Commerce Department.
"Reaching this objective means some youths will remain out of the labor force for a few additional years as they invest in developing the skills that will make them, and our country, more productive in the long run," he said.
