US Unemployment Rate

US unemployment rate: If you see an increase in the unemployment rate but it due to labor force growth and you have a lot of jobs, then that an indication that people are feeling more confident in the job market, according to The Guardian. They are out there looking for work. Not only did we have more people working, but we had more people looking for work and that actually a positive, Gus Faucher, senior economist at PNC, told the Guardian. We shouldn’t view the increase in unemployment rate as a negative. The US unemployment rate is based on the number of Americans looking for jobs. It actually a positive. (news.financializer.com). As reported in the news.