Page 1 of 3 123 LastLast
Results 1 to 10 of 30

Thread: U.S. Unemployment Up in February

  1. #1
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    U.S. Unemployment Up in February

    Quote Originally Posted by Gallup
    PRINCETON, NJ -- U.S. unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1% in February from 8.6% in January and 8.5% in December. The 0.5-percentage-point increase in February compared with January is the largest such month-to-month change Gallup has recorded in its not-seasonally adjusted measure since December 2010, when the rate rose 0.8 points to 9.6% from 8.8% in November. A year ago, Gallup recorded a February increase of 0.4 percentage points, to 10.3% from 9.9% in January 2011. In addition to the 9.1% of U.S. workers who are unemployed, 10.0% are working part time but want full-time work. This percentage is similar to the 10.1% in January, but is higher than the 9.6% of February 2011.

    As a result, Gallup's U.S. underemployment measure, which combines the percentage of workers who are unemployed and the percentage working part time but wanting full-time work, increased to 19.1% in February from 18.7% in January. This is an improvement from the 19.9% of February 2011.


    Looking Ahead to the Government's Unemployment Report
    The February unemployment rate the U.S. government reports on Friday morning will be based largely on mid-month conditions. In mid-February, Gallup reported that its U.S. unemployment rate had increased to 9.0% from 8.3% in mid-January. The mid-month reading normally provides a relatively good estimate of the government's unadjusted unemployment rate for the month. Assuming the government's unadjusted rate increases -- from its 8.8% in January -- to at least match Gallup's mid-month measurement for February, then the government should also report an increase in the seasonally adjusted unemployment rate for February. If the government's unadjusted unemployment rate increases to the degree that Gallup's has from mid-month to mid-month, then the government's seasonally adjusted unemployment rate could show an even larger increase.


    ...

    Regardless of what the government reports, Gallup's unemployment and underemployment measures show a substantial deterioration since mid-January. In this context, the increase in unemployment as measured by Gallup may, at least partly, reflect growth in the workforce, as more Americans who had given up looking for work become slightly more optimistic and start looking for work again. So while there may be positive signs, the reality Gallup finds is that more Americans are looking for work now than were doing so just six weeks ago.
    U.S. Unemployment Up in February

    At best this is a mixed bag of results so far this year. While some encouraging news is the underemployed seem to be venturing out to look for work, the unadjusted rates of unemployment increased. It will be interesting to compare Gallup's numbers against the Government reported numbers.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  2. #2
    Finite and Precious
    Jredbaron96's Avatar
    Join Date
    Mar 2011
    Location
    With you.
    Last Seen
    Today @ 09:48 AM
    Gender
    Lean
    Liberal
    Posts
    7,873
    Blog Entries
    2

    Re: U.S. Unemployment Up in February

    Economy,

    Y U NO RECOVER????
    "Human kindness has never weakened the stamina or softened the fiber of a free people. A nation does not have to be cruel to be tough."
    -FDR

  3. #3
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: U.S. Unemployment Up in February

    So now that the official rate is falling, the conservatives are starting to quote a private poll companies work as the "gospel" ?
    PeteEU

  4. #4
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 10:15 AM
    Gender
    Lean
    Conservative
    Posts
    76,271

    Re: U.S. Unemployment Up in February

    Quote Originally Posted by PeteEU View Post
    So now that the official rate is falling, the conservatives are starting to quote a private poll companies work as the "gospel" ?
    You're joking right? Do you even have a tiny sliver of non-hackery left in you?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  5. #5
    Global Moderator
    Moderator
    Helix's Avatar
    Join Date
    Jul 2011
    Last Seen
    Yesterday @ 10:42 PM
    Gender
    Lean
    Independent
    Posts
    37,069

    Re: U.S. Unemployment Up in February

    I find it depressing when either side roots for the economy to tank because they feel it will give their "team" an advantage.

  6. #6
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: U.S. Unemployment Up in February

    Quote Originally Posted by American View Post
    You're joking right? Do you even have a tiny sliver of non-hackery left in you?
    I aint the one quoting some poll companies work before the official unemployment numbers are out later today, and then claiming that unemployment is rising.. that is partisan hackery at its worse.
    PeteEU

  7. #7
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: U.S. Unemployment Up in February

    Quote Originally Posted by Helix View Post
    I find it depressing when either side roots for the economy to tank because they feel it will give their "team" an advantage.
    Its only the GOP that has been doing that since 2008. Before that they were high on greed and propaganda so they did not see the damage their failed economic policies had done not only to the US but the world.
    PeteEU

  8. #8
    Guru
    PerfectStorm's Avatar
    Join Date
    Jun 2011
    Last Seen
    12-01-17 @ 09:23 AM
    Gender
    Lean
    Conservative
    Posts
    4,182

    Re: U.S. Unemployment Up in February

    Quote Originally Posted by PeteEU View Post
    Before that they were high on greed and propaganda so they did not see the damage their failed economic policies had done not only to the US but the world.
    How's that Greece thing working out?

  9. #9
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: U.S. Unemployment Up in February

    Quote Originally Posted by PerfectStorm View Post
    How's that Greece thing working out?
    Ahh the truth hurts so you want to change subject....
    PeteEU

  10. #10
    Banned
    Join Date
    Feb 2012
    Location
    NJ
    Last Seen
    07-12-12 @ 05:51 PM
    Gender
    Lean
    Independent
    Posts
    494

    Re: U.S. Unemployment Up in February

    Quote Originally Posted by PeteEU View Post
    So now that the official rate is falling, the conservatives are starting to quote a private poll companies work as the "gospel" ?
    The gallop is no partisan.... and you never answered Perfect Storm's question. How's Greece?
    Last edited by Sparky; 03-09-12 at 09:03 AM.

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •