The U.S. unemployment rate is going up, which is good for the economy

Victor Lei — Head of Research Economy

Last Friday’s U.S. job report showed a strong market — with 315,000 jobs added in August. In August, the unemployment rate rose to 3.7% — up from 3.5% in July. But the rise in unemployment wasn’t from layoffs but from more people entering the workforce… More workers are returning to the workforce, with the labor…

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