And those who already have jobs continue to look for work, and therefore only a fraction of those who have looking for work(even without jobs) are not getting unemployment insurance.
So if the unemployment rate is 8% or higher, how could those getting UI hold up the unemployment rate if x amount of job hunters aren't getting any? Assuming, of course, that those getting UI weren't job hunting.
Wouldn't that simply mean fewer applicants chasing the same number of jobs? If there are 5 person for each job, and 2 out of 5 persons aren't job hunting, does that mean there is a net fewer number of people working than if they were all job hunting?

You're supposed to look for work, I thought in the "last week", but maybe it's 3 months in your state.

But I suspect you can just say "yes I looked for work" without having to prove it. Or maybe just sending out a resume counts.

When you include the chronically unemployed, like Children and Senior Citizens, the REAL Unemployment Rate is something like 55%.

5 million more unemployed now than when Obama took office. Libs can spin the pct anyway they won't but it is all lies and fuzzy math!

The unemployment rate is going down. That's the only number that matters.

"There were 3.7 million job openings on the last business day of March, little changed from February, but up significantly from a year earlier. The hires rate (3.3 percent) and the separations rate (3.1 percent) were unchanged in March."

http://www.bls.gov/jlt/

You need to rewrite this. Why would people "who already have jobs continue to look for work"? And what does "a fewer number of people working than if they were all job hunting" mean?

The Unemployment level consists of those who actively looked for work in the previous 4 weeks (not 3 months). Right now about half of all unemployed are receiving benefits. Those getting benefits are looking for work, as that's a requirement to receive benefits.

People who have jobs are not classified as unemployed, regardless of whether or not they're looking for work.