[Federal Reserve Mouthpiece: Unemployment Rate Hasn't Risen Due to Shrinking Labor Force] Deep Tide TechFlow reports, on May 8, 'Federal Reserve Mouthpiece' Nick Timiraos stated: According to household surveys, the number of employed individuals decreased by 226,000. The labor force shrank by 92,000. The labor force participation rate slightly declined by 0.1 percentage points, dropping to 61.8%. (In other words, the reason the unemployment rate hasn't risen is because people are exiting the labor market, not because they found jobs.) (Jin10)