The official August to September U.S. Unemployment Rate stayed steady at 6.1%. Not bad news (although we hope for better, of course).
On the other hand, the “long term” number has climbed to over 20% of those currently counted as unemployed. The “seasonally adjusted” rate for September is 21.1%, a 1.5% increase over August’s seasonally adjusted rate of 19.5%. (more…)

