--- title: Unemployment rate drops, labor participation rate drops as well description: The unemployment rate has dropped from 6.7 to 6.3 according to a Bureau of Labor Statistics report released May 2. --- [Skip to content](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/recruiters-and-staffing/unemployment-rate-drops-labor-participation-rate-drops-as-well#main-content) [![IES Logo_Full-ColorNavy](https://blog.innovativeemployeesolutions.com/hs-fs/hubfs/IES%20Logo_Full-ColorNavy.png?width=300&height=140&name=IES%20Logo_Full-ColorNavy.png)](https://www.innovativeemployeesolutions.com/) - [Innovative Employee Solutions Blog](https://blog.innovativeemployeesolutions.com) - [Innovative Employee Solutions Blog](https://blog.innovativeemployeesolutions.com) [mailto:?subject=Check%20out%20https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/recruiters-and-staffing/unemployment-rate-drops-labor-participation-rate-drops-as-well](mailto:?subject=Check%20out%20https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/recruiters-and-staffing/unemployment-rate-drops-labor-participation-rate-drops-as-well) May 2, 2014 # Unemployment rate drops, labor participation rate drops as well Written by: [Innovative Employee Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions) The unemployment rate dropped [from 6.7 to 6.3](http://www.bls.gov/news.release/empsit.nr0.htm), according to a Bureau of Labor Statistics report released May 2. Additionally, employers in April added a total of 288,000 employees to the workforce. Unemployment is the lowest it has been for [five and a half years](http://www.nbcnews.com/business/economy/job-market-heats-april-unemployment-rate-drops-6-3-n95431), NBC News reports. However, the reason for the drop is many have stopped looking for work. The labor force participation rate is 62.8 percent, the lowest since December 2013. Many who left the labor force might have done better to have found occupations in the temporary services industry, instead, working for an [employer of record](https://www.innovativeemployeesolutions.com/recruiter-staffing/employer-of-record). Such a job would have allowed them the freedom to choose when to work and what assignments to take. Investor's Business Daily (IBD) looked at what is driving the [slow growth in employment](http://news.investors.com/economy/050214-699368-jobs-recession-75-months-after-employment-peak.htm). According to the website's research, the Affordable Care Act, along with uncertainty about the economic climate, is causing trouble in the jobs sector. However, IBD also points out it is taking longer for the jobs market to recover after recessions hit. Beginning with the recession in 1981-1983, through the current jobs recession, each period has taken longer for jobs to come back. A great way to look for jobs and still be employed is by becoming a temporary worker, which gives you the freedom to keep looking for work even as you gain job experience and earn a salary. Tag(s): [Recruiters and Staffing](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/recruiters-and-staffing) ## [Innovative Employee Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions) ## Other posts you might be interested in View All Posts ## [Blog 1 min read | May 21, 2013 Unemployment rate slowly dropping Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/unemployment-rate-slowly-dropping) ## [Blog 2 min read | February 28, 2013 Employer-based coverage rates drop, healthcare costs rise Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/employer-based-coverage-rates-drop-healthcare-costs-rise) ## [Blog 1 min read | March 31, 2014 Consumer sentiment drops in March Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/consumer-sentiment-drops-in-march) ## Subscribe to email updates Additional content around the benefits of subscribing to this blog feed. - [Innovative Employee Solutions Blog](https://blog.innovativeemployeesolutions.com) © 2014-2026 Innovative Employee Solutions. 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