Ryan Bridge: Unemployment isn't as bad as it seems

Early Edition with Ryan Bridge · Aug 5, 2026 · 1m · transcript

A couple of things on the unemployment number that came out yesterday.

It looks worse than actually it is because a bunch of people decided they would start looking for work in the second quarter rather than the one before it.

So, there are a bunch of reasons for this happening, but basically you don't really know.

You don't know what you don't know. It's anyone's guess.

It could be that people go, oh, the job market is on the up, so it's actually worth me trying to look for work now, which would be a good thing.

But also, the net rate is better than it was in March.

There are a couple of…