Unemployment rate falls, but ...
In April's jobs report, unemployment rate falls, but for the wrong reasons. CNN Money's Annalyn Kurtz reports.

The money lead, 6.3% that’s the big topline number from the April jobs report released this morning, as 288,000 more Americans found work in April.

288,000, that’s the most jobs added during a single month in 2 years.
The last time the umemployment rate was this low was in September 2008. A certain Russian president was in the middle of invading a neighboring country.

So the economy is finally making a recovery right? Well, maybe not. The workforce shrank by more than 800,000 workers. So is the jobs market finally rebounding after a rough winter, or are the larger trends still going the wrong way? Joining with the talk about this all, Annalyn Kurtz, senior writer for CNNmoney.com, Annalyn, thanks for joining us, what do you make of these numbers?
Well, it’s a combination of the both things that you said, we are seeing a bounce back after a very weak winter, we had a very strong job growth number with 288,000 jobs added in April, that said, the underlying trend remains the same, we have a long term unemployment problem, unemployment even at 6.3% is still too high. And we still have a lot of people who are part time for economic reasons, they would prefer to be working full time.
Is this report a sign that the economy is turning the corner despite the bad GDP numbers from earlier this week, or is it definitely still stagnating as those numbers suggest?
Well, on Wednesday, you are right, we had a very weak GDP report, only 0.1% growth in the first quarter, however that was mainly due to weather, economists are really shrugging off that number, saying it was due to cold, and blizzards slowing the housing market, manufacturing, the job market, all of those things, now that we are in April, we’re starting to see stronger growth in other economic indicators, and this jobs report backs that up, we are seeing a turnaround in job growth, and economist are expecting stronger numbers ahead.
Annalyn Kurtz, thank you so much.