The jobs report for June was released today, and it shows that the unemployment rate is now 5.3 percent — the lowest it has been since 2008. The economy also added 223,000 jobs. However, the reason the unemployment rate keeps dropping isn’t so sunny: The number of people in the workforce — 62.9 percent participation rate — is the lowest it’s been since October 1977; teenagers seem to be having a particularly difficult time finding jobs. Once you give up looking for a job, you stop counting as unemployed in the Bureau of Labor Statistics’ eyes. Another disappointing data point: Wages still aren’t increasing, which means that while jobs keep getting added, they might not be the kind that make Americans feel like the economy is improving.
“It’s clear,” O’Neill said that Pantaleo “can no longer” carry out the job as a New York City police officer.