Previous Post: U.S. Jobless Claims Rise to Highest in Two Months nbsp
Record 88,921,000 Americans ‘Not in Labor Force’-119,000 Fewer Employed in August Than July
CNSNews – Despite the fact that fewer Americans were employed in August than July, the unemployment rate ticked down from 8.3 in July to 8.1. That is because so many people dropped out of the labor force and stopped looking for work. The unemployment rate is the percentage of people in the labor force (meaning they had a job or were actively looking for one) who did not have a job. Read Article
Tags: debt wealth, financial system, North America
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