Some people are because the decline in the unemployment rate reflects not only increases in employment but declines in labor force participation as well. Declines in participation can include discouraged workers who have stopped looking for work because it is difficult to find a job.
The second reason is to thank you for your co-operation during the past financial year and to provide an opportunity to exchange notes and interact with one another. You will be glad to know that I am the only speaker, the rest of the programme should be fine and entertaining.