Jobs numbers don’t count discouraged seekers

The World

Unemployment numbers last week showed the U.S. jobless rate at 9.7 percent: the highest since 1983. This number may be misleadingly low, however; the official unemployment rate counts only those who are actively looking for work, not those who have given up on the job search. When positive economic signs tempt those folks back into the job market, the official unemployment rate could actually go up. Louise Story is a Wall Street and finance reporter for our partners The New York Times — she joins us to tell us more

Tell us about your experience accessing The World

We want to hear your feedback so we can keep improving our website, theworld.org. Please fill out this quick survey and let us know your thoughts (your answers will be anonymous). Thanks for your time!