American Thinker Blog: Real joblessness at 16.7%

American Thinker Blog: Real joblessness at 16.7%:

The U.S. jobless rate rose to 9.6% in August, but the government's broader measure of unemployment rose even more to 16.7%, the highest rate since April.

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Both rates increased despite a rise of 290,000 in the number of people who are employed. The number of unemployed people in the U.S. also rose, but by a smaller amount - 261,000. The unemployment rates moved up as more unemployed people moved back into the labor force to look for jobs. More than half a million people re-entered the job market last month, as the overall labor force rose 550,000."