The March 2013 Jobs Report was released by the Bureau of Labor Statistics yesterday, prompting Rush Limbaugh to declare that America is a ′dying country.′ While the ′official′, U-3 unemployment rate fell from 7.7% to 7.6%, this only came to be because some 496,000 people were statistically bumped from the labor force. This resulted in the Labor Participation Rate to drop from 63.5% to 63.3%, the lowest since 1979! A net increase of just 88,000 jobs created in March was way below the ′expected′ number of about 200,000. The Employment-to-Population Rate also declined from 58.6% to 58.5%. Some Liberal pundits are already blaming sequestration for the poor numbers, but the private sector created some 95,000 jobs, meaning that government jobs only declined by some 7,000. The broader U-6 Unemployment Rate, which covers a wider spectrum of the labor force fell from 14.3% to 13.8% thanks to some 663,000 people ′giving up′ looking for a job.