Gallup Finds Unemployment Climbing To 9% In February...

Discussion in 'Politics' started by paulitician, Feb 21, 2012.

  1. paulitician
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    paulitician Platinum Member Supporting Member

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    Unemployment in the U.S. rose to nine percent in mid-February, up from 8.3 percent a month earlier, according to a new Gallup survey. The polling company said this suggests that it is “premature” to assume the economy will not feature prominently in the 2012 election season.

    Gallup figures typically provide an indication of what the government will report at the end of the month.

    “The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February,” Gallup said in its mid-month unemployment survey, released on February 17. “The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January.”

    Gallup said the Bureau of Labor Statistics (BLS) would likely report a rise in the official unemployment rate in early March, when it publishes its February figures.

    Gallup’s mid-month figures are not seasonally adjusted, and so may not predict the official unemployment rate precisely. However, because Gallup and BLS both conduct their unemployment surveys at the same time – in the middle of the month – Gallup’s early figures can provide a barometer of where the official rate is likely headed...


    The survey also found that “underemployment” – those unemployed and those working part-time because full-time jobs are unavailable – rose to 19 percent, up from the 18.7 percent Gallup found in January.

    Read More:
    Gallup Finds Unemployment Climbing to Nine Percent in February | CNSNews.com
     
  2. VaYank5150
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    VaYank5150 Gold Member

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    So, Republican supporters.....how is that whole tax breaks for the "job creators" thing working out so far?
     
  3. Conservative
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    Conservative Type 40

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    I'm willing to wait for the BLS numbers to come out.
     
  4. theunbubba
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    theunbubba Member

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    They will have some sort of media event to cover it up. Here's where I got that idea. :

    Hello 9% UR in Febuary - Page 4 - Political Forum

    Foolardi is right. We also need to go into every story that mentions Obama and get into the comments section and make this known before they get a chance to do it. Immunize the people, do not let them be led like sheep to the slaughter.
     
  5. Dr.House
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    Dr.House Lives on in syndication!

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    It will probably drop, then...

    The interesting thing is, when you apply a "seasonally adjusted" calculation that nobody but the BLS people know how it is derived, then you can make the number say anything you want it to say...
     
  6. paulitician
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    paulitician Platinum Member Supporting Member

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    Yeah, the fix is in for Election Time. They'll continue to claim Unemployment is down right up to Election Day. This Administration especially, is well-known for cooking the books. It's sad.
     
  7. theunbubba
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    theunbubba Member

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    We have the means to fight. I know I will. Who will join me?
     
  8. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    It be pretty darn good if we had a tax breaks.

    I don't see why it's difficult for you on the left to realize that when you vote not to allow taxes to increase, it's maintaining the status quo and not a tax break.
     
  9. JoeB131
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    JoeB131 Diamond Member

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    Actually, what happens is that taxes just go up somewhere else.

    For instance, when they cut the Social Security contribution from 6% to 4%, temporarily, my state increased the income tax from 3% to 5%. "Temporarily" of course.
     
  10. G.T.
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    G.T. Diamond Member

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    So is gallup to be trusted on the number, or aren't they?

    Libocalypsenow is so0o0 confoozing
     

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