Obama: Workforce Participation Is Not The Reason Why Unemployment Dropped

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KEVIN CORKE, FOX NEWS CHANNEL: How can you improve workforce participation levels? Because as much as people talk about the recovery, so few Americans are now relatively speaking, in the job force, especially compared to 2008...

PRESIDENT BARACK OBAMA: On the first question, part of what was good in the jobs report is the participation rate, in fact, didn't drop. That wasn't the reason why unemployment dropped. More people are entering into the workforce and what's true is that we're still at a point where the labor participation rate is lower than it has been historically. Some of that is explained by demographics. The population is getting older. So you would expect that there.

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