A few things stood out to me in today's jobs report:
- The U-6 figure, considered to be the true unemployment rate, continued to rise -- to 17.3%!
- The household survey, which is the only one to reflect small businesses, showed another staggering 589,000 employment drop.
- The U-3 figure, which is the headline rate, would have increased to 10.4% if nearly 700,000 people hadn't given up hope of finding employment and were no longer counted.
