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Joana Dudley looks at a list of job prospects at a job fair in Miami Lakes, Fla., in January. In the government's June jobs report, the unemployment rate ticked up to 4 percent with more people entering the labor force. Lynne Sladky/AP hide caption

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Lynne Sladky/AP

A "help wanted" sign hangs on a window of a restaurant in New York City. The U.S. economy gained a stronger-than-expected 223,000 jobs last month and the unemployment rate edged down to an 18-year low. Drew Angerer/Getty Images hide caption

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Drew Angerer/Getty Images

Unemployment Rate Drops To 3.8 Percent, Lowest Since 2000

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Men shovel snow off the top of a building under construction in Franklin Lakes, N.J., on Thursday. Job growth in February was led by a sharp increase in construction employment. Seth Wenig/AP hide caption

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Seth Wenig/AP

Bianca Medici (left), a corporate recruiter for CDM Media, speaks with job applicants during a Chicago job fair in May. The economy added 223,000 jobs in June, and unemployment fell to its lowest rate since 2008. M. Spencer Green/AP hide caption

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M. Spencer Green/AP

America's unemployment rate sank to 7.4 percent in July, the Bureau of Labor Statistics says. A hiring sign is seen in a store window in Alexandria, Va. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images