The U.S. economy shed jobs in July, yet the unemployment rate improved — an unusual pairing that points to a worrying story unfolding behind the numbers for some economists.
That’s because even as the U.S. economy lost jobs, American workers left the labor market faster.
Mom’s basement might be the answer.
So, the only way an unemployed person counts as unemployed is while he’s submitting applications?
Ope. It’s more generous at 4 weeks, not 2 and doing anything to find work, not just submitting applications.
But - yeah.