higher than any would like but news that rate remains the same is reported as a plunge! if they weren't so transparent it would be funny.
I'm not as optimistic as I was, mainly because I don't see where the tech sector will break through---but that's probably a good sign, since if I could see it, I'd already be rich!
You do not understand. The "unemployment rate" does not equal the rate of joblessness.
People who exhausted the unemployment benefits or gave up or work a few hours a week or else are not counted toward "unemployment rate". You can have stable "unemployment rate" with shrinking economy and growing number of jobless.