US economy creates 96,000 jobs but figure disappoints

[coalition_unwilling]

71. "LMPR" - I don't recognize that acronym. Aside from that, I'm going to have

to say "I don't know" in answer to your questions about the number who retired or chose higher education.

The devil, as is often said, is "in the details" and I must confess I do not know where to go to access those details.

But here's an excerpt from analysis on Yahoo.com:

Starting with the participation rate, Nesto notes that "almost 400,000 people dropped out, just gave up" looking for work in August. For each one-tenth of one percent improvement in the unemployment rate, 184,000 Americans had to become quitters.

Quitting could mean going on disability, going into the grey market (read: getting paid cash for odd jobs), doing something illicit, or begging. Whatever they're doing instead of working or looking for legitimate jobs, 368,000 Americans gave up on participating in the economy in August alone.

http://finance.yahoo.com/blogs/breakout/why-drop-unemployment-rate-tragic-144809610.html

I'll grant you that Yahoo often shows a distinctly right-wing bias, but I'm not sure whether that is at play in this analysis.