Can a higher unemployment rate be good news?

Yes, says Rex Nutting at Market Watch: The number of people who are counted as officially unemployed rose by 197,000, with most of the increase due to people rejoining the labor force or entering for the first time. Just 50% of the 9.67 million unemployed people are there because they lost a job; the rest are people who have started looking for work. [...] It’s a hopeful sign that so many people are beginning to look for work after so...
Source: Dr. X's Free Associations - Category: Psychiatrists and Psychologists Authors: Tags: Front Page Source Type: blogs