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Real US unemployment: More than 15%

While the official US unemployment rate lies just above 8 percent, real jobless rates are almost three times that high in some states, with the national “real” unemployment rate lying at 15 percent in July.

The US government’s official unemployment rate, now at 8.3 percent, only takes into consideration those who have no job and are looking for work. This number is called a “U-3” rate. It does not count those who have stopped looking for work or who are working part-time.