Skip to comments.Over/Under on when unemployment goes back over 10% ?
Posted on 11/09/2012 12:45:56 PM PST by Mr. K
I am going to guess by March 15 at the earliest
By the end of the year.
By the end of the year.
Beware the Ides of March.
The media will never report it — the unemployment, the real unemployment, is already above 10%.
I agree; my bet would have been today 11/9/12.
It depends on how tightly we close our wallets this holiday season.
Who is doing the counting and math?
It matters not, since the majority in this country are no longer Americans, who cares if they are working or not?
It’s already actually over 15%, but if you mean the “official” rate, then I think it will be over 10% by the end of April.
As someone who got rolled on the election prediction, I’ll still make one here.
June 2013 UE report delivered in early July.
A number of employers have already announced huge layoffs due to 0bama, and I don’t even think the layoff due to sequestration have been announced yet. If they don’t know it, let me be the first to say that Retailers are in for a very rough Christmas Season. I expect seasonal hiring will be down, but enough, along with Bureau of Labor Statistics shenanigans, to make it till January when unemployment goes through the roof, and above 10%.
January, after businesses have make their EOY cuts.
It’s been over 10% for a long time, imho .. but you’ll never hear that truth from the cØmmunist DC pukes.
Unemployment? That’s Oldspeak! Only the Proles use those words! Do not talk in such ungood ways!
Unemployment is ALREADY over 10%. :)
it should take about 5-6 months.Probably around April.
I think it will look bad as soon as possible because that will help Obama’s argument that we must have a deal immediately.
Obama unemployment rate is headed to zero. Real unemployment is well above 10% and headed higher.
It depends on how tightly we close our wallets this holiday season .
The numbers don’t matter now.
Obama got his reelection, so he can just ignore them for the next 4 years.
Then, assuming we still have elections, he can pass the situation on to the next president.
my adult kids are in vulnerable jobs....all bammey voters with relish...
Late january at the latest.
Between now and and bout the 15th of December they will be announced in order to increase the value of outstanding stock.
I already told the kids dont expect much. Not that we cant afford it, but the future is unsure. Told them to start putting aside as much as possible. It’s going to get ugly.
24m ... that is the number of unemployed we all heard about
140m ... the number of people filing tax returns (ie: the working people of America)
24m / 140m == 17.1 %
the percentage of the working population unemployed
24m / (140m + 24m) == 14.6 %
the lowest possible unemployment number
Why wouldn’t unemployed people have to file a tax return? Unemployment compensation is federally taxable.
OK how about another prediction on when it will hit 15%
What was that company that waited to announce layoffs until after the election because Obama promised to pay their fines for failing to obey the law?
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