Comment on Other Views: For once, it's good news unemployment went up

Other Views: For once, it's good news unemployment went up

You know these are interesting times in the U.S. economy when it's a positive sign that the unemployment rate just went up. On Friday, the Labor Department reported that the jobless rate ticked up from 3.8 percent in May to 4.0 percent in June, but that's good news because it reflected an increase of job seekers of approximately 600,000, drawn from the pool of previously discouraged workers.

 

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