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Unemployment Rate Drops To 6.3 Percent04:52

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The U.S. unemployment rate dropped to 6.3 percent in April, from 6.7 percent in March, and employers added 288,000 jobs, according to the Labor Department. It's the lowest unemployment rate in five and a half years — since September 2008.

Neil Irwin, senior economic correspondent at The New York Times' The Upshot and author of "The Alchemists: Three Central Bankers and a World on Fire," discusses the new numbers with Here & Now's Sacha Pfeiffer.

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This segment aired on May 2, 2014.

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