New unemployment figures put official jobless rate at 9.8 percent; broader jobless rate at 17 percent
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New monthly figures released Friday by the US Labor Department show a slight rise in unemployment to 9.8 percent. Some analysts predict it will keep growing and top 10 percent. But these official statistics don´t tell the whole jobless story. (source: Bureau of Labor and Statistics)
For more on September´s unemployment numbers FSRN contacted our regular guest, Lauren Applebaum, the Research Director at UCLA’s Institute for Research on Labor and Employment.
(The Bueau of Labor and Stastics' Alternate Measure of Labor Utilization)
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