According to Gallup - Unemployment Rate Went UP!!!

Discussion in 'Economy' started by GHook93, Aug 2, 2012.

  1. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    U.S. Unadjusted Unemployment Rate Increases in July
    I believe gallup under-estimates unemployment because most sources had faux unemployment for June at 8.2% and they had it at 8.0%!

    Neverthless, they are the first ones out with their July unemployment and they list it as going UP to 8.2%

    Again Gallup under-estimates the unemployment rate, so when the real numbers start rolling out, it could be 8.3% or 8.4%!!!


    This is scary stuff, but let Obama tell us again how his plan worked!!!
     
  2. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    U.S. Unemployment Rate Forecast

    These guys know what they are talking about and they see a tick up in the unemployment rate from here until the end of the year. However, they might even understated it at 8.2%!!!
     
  3. pinqy
    Online

    pinqy Gold Member

    Joined:
    Jun 8, 2009
    Messages:
    5,053
    Thanks Received:
    574
    Trophy Points:
    165
    Location:
    Northern Virginia
    Ratings:
    +1,009
    Gallup's UE rate:
    Not seasonally adjusted.
    Sample size is about 30,000 individuals age 18 and older each month, collected every day (about 1,000/day) rolling average.
    Telephone only, random digit dialing.
    Margin of error is +/- 1 percentage point (95% confidence).

    BLS UE rate:
    Seasonally adjusted (Unadjusted data also available).
    Sample size is about 60,000 households (approx 120,000 individuals) age 16 and older each month using a reference period of the week that contains the 12th day.
    Face to face and telephone, households are in for 4 months, out for 8, back in for 4 so 75% of the sample is the same as the previous month and 50% the same as the same month the previous year. Addresses are randomly selected based on Census data.
    Margin of error is +/- 0.24 percentage points (95% confidence)
     
  4. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    Pinqy here is what you do. Everytime the numbers come out and they're BS to begin with you, come out with your Obama love twist of the numbers! But most people just hear blah blah blah blah blah blah!!!!
     
  5. EdwardBaiamonte
    Offline

    EdwardBaiamonte Gold Member

    Joined:
    Nov 23, 2011
    Messages:
    27,569
    Thanks Received:
    1,130
    Trophy Points:
    205
    Ratings:
    +3,053
    don't forget, unemployment is 14% if you count all people who left the labor market since Barry took over.
     
  6. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    That is why I call it the Faux unemployment rate. TRUE unemployment is around 17-18%
     
  7. edthecynic
    Offline

    edthecynic Censored for Cynicism

    Joined:
    Oct 20, 2008
    Messages:
    26,637
    Thanks Received:
    3,085
    Trophy Points:
    260
    Ratings:
    +5,718
    No the only FAUX rate is what you CON$ make up. Gallup is unadjusted and BLS is seasonally adjusted. Nobody is underestimating anything, you just want Americans to suffer so you wish the rate was higher.
     
  8. edthecynic
    Offline

    edthecynic Censored for Cynicism

    Joined:
    Oct 20, 2008
    Messages:
    26,637
    Thanks Received:
    3,085
    Trophy Points:
    260
    Ratings:
    +5,718
    How dare those Boomers retire, don't they know they are required to work until they drop dead on the job???

    Now you wait and see, as soon as a Republican is elected you will never hear a single peep about people leaving the workforce!!!!!
     
  9. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    Your so full of shit! It's always the retirees huh? Not a chance most of them are the LONG-TIME unemployed!
     
  10. pinqy
    Online

    pinqy Gold Member

    Joined:
    Jun 8, 2009
    Messages:
    5,053
    Thanks Received:
    574
    Trophy Points:
    165
    Location:
    Northern Virginia
    Ratings:
    +1,009
    Show anything in my post that's not strictly factual.
     

Share This Page