The jobless rate rose as more unemployed workers began looking for work and were again counted as “unemployed” rather than either “discouraged” or completely out of the labor force. The household survey showed that, while employment rose by 550,000, this gain was outpaced by an increase of 805,000 in the labor force.
Interestingly, the broader U6 measure of underemployment (officially unemployed plus “discouraged” workers and those settling for part-time work instead of full-time work) rose from 16.9 percent to 17.1 percent, the highest level since last December.
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