The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%
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The Unemployment Rate Is The Last Thing To Tell The TruthThe real unemployment number would be way higher if the headline counted actual labor stress.But U-3 does not do that.U-3 only counts people with no job who are actively looking for work and available to take one. That leaves out a lot of economic pain.If someone wants a job but stopped looking, they disappear from U-3.If someone had their hours cut, they still count as employed.If someone wants full time work but can only find part time w
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