Friday's disappointing employment report underscores just how tough it still is to find a job. But perhaps even more worrisome is how few people are even trying.
The share of the population that's either working or looking for work, a metric known as the participation rate, fell to 63.3% in March, its lowest level since 1979. Nearly half a million Americans dropped out of the labor force in March, the biggest one-month decline since December 2009.
The next 10 weeks are a make-or-break period for President Obama’s second-term agenda.
He needs quick victories in the Senate on gun control and immigration if he is to build momentum for a fight in the Republican-controlled House — the chief obstacle to his agenda.