Unemployment Jumps Back Up in mid-February
U3 rate jumps back up to 9%
Gallups latest report suggests the BLS will “likely report on the first Friday of March that its seasonally adjusted unemployment rate will increase in February.”
“Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, has also climbed up to 19.0%.”
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