Private businesses added 83,000 workers to their payrolls in June, an improvement since May and worse than analysts expected.
The unemployment rate fell [because] 652,000 people out of work gave up on their job searches and left the labor force. People who are no longer looking for work aren't counted as unemployed.
The nation has 7.9 million fewer private payroll jobs than it did when the recession began in December 2007.
Counting those who have given up their job searches and those who are working part time but would prefer full-time work, the underemployment rate [is actually] 16.5 percent.
