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Wednesday, September 06, 2023

Commentary: Recession May Be Coming After 514,000 More Americans Struggle to Find Employment

The national unemployment rate reported by the Bureau of Labor Statistics jumped from 3.5 percent to 3.8 percent in August as an additional 514,000 Americans said they could not find work in the Bureau’s household survey. Now 6.3 million Americans are said to be unemployed, the highest in more than a year.