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Old 08-22-2013, 07:51 PM   #1
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Default GALLUP: UNEMPLOYMENT RATE JUMPS FROM 7.7% TO 8.9% IN 30 DAYS <facepalm>

http://www.gallup.com/poll/125639/Ga...Workforce.aspx

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Gallup tracks daily the percentage of U.S. adults , ages 18 and older, who are underemployed, unemployed, and employed full-time for an employer, without seasonal adjustment. "Underemployed" respondents are employed part time, but want to work full time, or they are unemployed. "Unemployed" respondents are those within the underemployed group who are not employed, even for one hour a week, but are available and looking for work.

Unemployment and underemployment are calculated as a percent of the workforce. Payroll to Population is a measure of those who are employed by an employer for at least 30 hours per week. Payroll to Population is calculated as a percent of the total population. Daily results reflect 30-day rolling averages based on telephone interviews with approximately 30,000 adults. Because results are not seasonally adjusted, they are not directly comparable to numbers reported by the U.S. Bureau of Labor Statistics, which are based on workers 16 and older.
http://www.breitbart.com/Big-Governm...-from-77-to-89

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Outside of the federal government's Bureau of Labor statistics, the Gallup polling organization also tracks the nation's unemployment rate. While the BLS and Gallup findings might not always perfectly align, the trends almost always do and the small statistical differences just haven't been worthy of note. But now Gallup is showing a sizable 30 day jump in the unemployment rate, from 7.7% on July 21 to 8.9% today.
This is an 18-month high.
At the end of July, the BLS showed a 7.4% unemployment rate, compared to Gallup's 7.8%. Again, a difference not worthy of note. But Gallup's upward trend to almost 9% in just the last three weeks is alarming, especially because this is not a poll with a history of wild swings due to statistical anomalies. Gallup's sample size is a massive 30,000 adults and the rolling average is taken over a full 30 day period.
Gallup also shows an alarming increase in the number of underemployed (those with some work seeking more). During the same 30-day period, that number has jumped from 17.1% to 17.9%.
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Old 08-22-2013, 07:59 PM   #2
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Old 08-22-2013, 08:01 PM   #3
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That dude gets an A for effort.
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Old 08-22-2013, 08:08 PM   #4
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Hell of a sand burn, I'm guessing.

Thanks for the rep on the 50,000. How did I get here?
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Old 08-22-2013, 08:12 PM   #5
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Exile from the Riddermark.
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Old 08-22-2013, 09:29 PM   #6
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