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205,000 jobs created in March,
2016, but the unemployment rate increases.
WHY?.
"The American economy
continues its march upward. The monthly jobs report
released Friday by the Bureau of Labor Statistics showed
that the economy created 215,000 jobs in March, slightly
higher than the 205,000 expected. The unemployment rate
ticked up to 5 percent from 4.9 percent. U.S. job growth
has continued for a record 73 months in a
row."
The Huffington Post 04/01/2016
09:58 am ET.
How can there be both more jobs and
more unemployment ?
This news article linked below also
says: "the increase in the unemployment rate is actually a
good thing". How can that be?
Read the first five paragraphs of the
article linked below to find out.
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Most economists will say that when
the U.S. economy achieves an UE rate of about 5%, then we
have achieved full employment. Five percent unemployment in
the U.S. is about eight million people unemployed and THAT
is full employment. How can that be?
Who is counted when they calculate
the unemployment rate? And who is not counted?
Watch the short YouTube video linked
below.
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