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 ll to 63.3 percent last month. It's the lowest such figure since 
May 1979.The falling participation rate tarnished the only apparent good 
news in the jobs report the Labor Department released Friday: The unemployment 
rate dropped to a four-year low of 7.6 percent in March from 
7.7 in February.People without a job who stop looking for one are 
no longer counted as unemployed. That's why the U.S. unemployment rate dropped 
in March despite weak hiring. If the 496,000 who left the labor 
force last month had still been looking for jobs, the unemployment rate 
would have risen to 7.9 percent in March."Unemployment dropped for all the 
wrong reasons," says Craig Alexander, chief economist with TD Bank Financial 
Group. "It dropped because more workers stopped looking for jobs. It signaled 
less confidence and optimism that there are jobs out there."The participation 
rate peaked at 67.3 percent in 2000, reflecting an influx of women 
into the work force. It's been falling steadily ever since.Part of the 
drop reflects the baby boom generation's gradual move into retirement. But 
such demographics aren't the whole answer.Even Americans of prime working 
age  25 to 54 years old  are dropping out of 
the workforce. Their participation rate fell to 81.1 percent last month, 
tied with November for the lowest since December 1984."It's the lack of 
job opportunities  the lack of demand for workers  that is 
keeping these workers from working or seeking work," says
 File: June 19, 2010: Assorted shotguns are displayed on a table at 
a gun and knife show in White Plains, N.Y.,APA top White House 
official acknowledged Sunday that President Obama knew some of his gun-control 
initiatives would likely be rejected but defended his efforts and called 
on Congress to do the right thing.The president pushed very hard, White 
House adviser Dan Pfeiffer said on Fox News Sunday. We knew all 
of the (proposals) would not pass right away.With a proposed ban on 
semi-automatic weapons and high-capacity gun magazines off the table for 
now, Obama appears to be focusing his efforts, including the garnering of 
public support, on getting Congress to agree to universal background checks 
for gun buyers.Pfeiffer said the president has marshaled people to his side 
and polls show a large majority of the public supports background checks.You 
cannot get 90 percent of the people to agree on the weather, 
Pfeiffer told Fox. The question is whether Congress is going to do 
the right thing.A final Senate bill was expected to be released this 
week, when Congress returns from Spring Break. But the voting could be 
delayed as senators wrangle over the background check issue. The legislation 
would come about four months after a mass shooting at a Newtown, 
Conn., elementary school in which 20 first-graders and six adults were killed.Pfeiffer 
said the president agrees with the efforts so far of Senate Majority 
Leader Harry Reid and other sena
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