Read this story for a deeper and more nuanced analysis of the recently published unemployment statistics. (And have you ever heard of California State University–Channel Islands?)
“The labor force increased by 500,000 indicating that people are more encouraged about the labor market and decided to look for work boosting the jobless rate to 9.6 percent from 9.5 percent,” says Sung Won Sohn, an economist at California State University-Channel Islands. via 5 Key Lessons in August’s Jobs Report – Yahoo! Finance.