Meanwhile, "Real Unemployment" Surged Massively In September


Photo: Photo: Daniel Morrison (Flickr)

The headline unemployment number held steady at 9.6% in September, according to this morning’s jobs report.But jobs data aficionados are frequently drawn to U-6, so-called “real unemployment” because that shows discouraged or marginally-attached workers.

And that number spiked from 16.7% to 17.1% in September, suggesting big problems underneath the hood.

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