Santelli: 'Good' Jobs Report Has Dark Side — CNBC, CNBC.com Market and Economy News - CNBC

Santelli: 'Good' Jobs Report Has Dark Side — CNBC, CNBC.com Market and Economy News - CNBC

The government's definition of the labor force is all individuals 16 years of age and older, who are employed or seeking employment. It does not include students; retirees; anyone with unreported income, or "discouraged" workers.