Unemployment rate jumps from 7.7% to 8.9% in 30 days

[Revmitchell]

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%.


http://www.breitbart.com/Big-Government/2013/08/21/Gallup-Unemployment-jumped-from-77-to-89

 

[Earth Wind and Fire]

Sigh....where are those shovel ready jobs?

Conversely there are ever increasing tent cities. Well done BO! :thumbsup:

 

[Salty]

Simple - the election is over - no need to worry about Congress election until the first of the year.

 

[thisnumbersdisconnected]

Sigh....where are those shovel ready jobs?

Buried by the shovels heaping GreatPretenderCare onto small business.

 

[InTheLight]

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%.


http://www.breitbart.com/Big-Government/2013/08/21/Gallup-Unemployment-jumped-from-77-to-89

The Bureau of Labor Statistics (BLS) uses a poll with twice as many respondents, or 60,000 people. Also, Gallup's poll is not seasonally adjusted. I suspect the real number is somewhere in between Gallup and the BLS. Let's see what happens in the next couple of months.

 

[Crabtownboy]

The Bureau of Labor Statistics (BLS) uses a poll with twice as many respondents, or 60,000 people. Also, Gallup's poll is not seasonally adjusted. I suspect the real number is somewhere in between Gallup and the BLS. Let's see what happens in the next couple of months.

Don't confuse Rev. with facts. He will use any source regardless of how in-credible it is in his hatred.

 

[Gina B]

I was just going to say - employment in the summer drops for a number of professions and businesses. It seems an odd time to do a study, unless they're comparing it to the exact same time in other years.

 

[Revmitchell]

Don't confuse Rev. with facts. He will use any source regardless of how in-credible it is in his hatred.

I see you are upset again. This seems to be occurring more and more for you.