I’ve suspected for a long time that the jobless rate is actually worse but they don’t want to say it is over 10% for political purposes. Even admitting that it rose again has to be chilling with regard to the actual problem.
That’s good news according to Pelosi - the more people who lose work, the more that will be getting on unemployment benefits, which is a boost the economy and creates jobs - the more jobs lost, the more jobs that can be created by more unemployment benefits. Let’s hope the trend of more jobs being lost continues so that more jobs can be created by unemployment benefits. If the job market were to improve that would cause jobs to be lost by fewer people being on unemployment.