On Friday, the Labor Department reported the economy lost 263,000 jobs in September and the national unemployment rate ticked up to 9.8 percent. So how bad are these numbers? Why is the real state of the job market far worse than what the government says? What’s the real percentage of Americans looking for work, working part time or giving up the job search? And why could the job picture look a whole lot worse if Obama gets his way on three key pieces of legislation? We ask Diana Furchtgott-Roth, senior fellow at the Hudson Institute and former chief economist at the Department of Labor.
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