The level of job cuts is less than July's upwardly revised total of 276,000 and is the lowest in a year. Analysts expected the unemployment rate to rise to 9.5 percent from July's 9.4 percent, and job reductions to total 225,000.
If laid-off workers who have settled for part-time work or have given up looking for new jobs are included, the so-called underemployment rate reached 16.8 percent, the highest on records dating from 1994.
OHHHHHHHHHH!!!!!!!!!!!!!!!!! By the way this is just people that are Coll. Unemployment Ben. It's a lot higher if you take into a count the fact that a lot of people have run there unemployment ben. dry. and it does not incould you 1099 guys!!!!!!!!!!!!!!!!
