![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtghhG4otILHSNgWkOs66zv00hChjUE0Q7bgk7iQP2p7rGGpobHc_DCOgoARs6_LGF9xQfJIo8-aDd0JOpgO_-t5aFRePo6JgwFqEfY3zwCHnYN_ahAirFPnOdnerJIaytFXpZY0_lc7k/s400/unemployment+rate.png)
Payrolls continued to get worse in September. Ironically, businesses are actually increasing workers. It is governments that are losing workers. John Maynard Keynes must be rolling over in his grave.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5hmtaaDZMHNAtgDrfipv7wF7a-kQexLY4xCrE3mUMAwCWpAiGId5CF35xdeFFFpm1odjFfQpH7raCQlcIo7k5nyhFC6XFz12ciFu_AlOpytRTtqDuR6uuF2Q7JwmVZFZdZV2ldsxTgrs/s400/non-farm+payrolls.png)
On the bright side, aggregate weekly hours worked is increasing. This suggests that underemployment is declining.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHK-jb0Kq89afm9h94ST3t7aIfoZc8aGaESusOBywFQMaJ5iyayCqPn8PlY87GO2J9yyqODGjENwk-XN-AuoMq1YZUS4T3EPODEslPqkPtTtBJzfeWurj7_f17WGmj17pK3DMN4RDUFss/s400/aggregate+weekly+hours.png)
Also on the bright side, the mean duration of unemployment has continued to decline after reaching its all-time peak in June 2010.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIjZasCVTaN_nqqPEFijGMubUB7xrEJi3u3dOoPre9HhhO0fTntNKsd51b3JWfg_Ls-PiCOQL3hwAjLsOw6RwxrHWu_Ygq20RDrrvj96xm9ci_3Pp2BImRWsdxgVRTl5zTz0Zl-GnCWpE/s400/mean+duration+of+unemployment.png)
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