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To: SeekAndFind

I noticed Gallop was careful not to suggest what the true number might be.......


6 posted on 02/03/2015 10:02:26 AM PST by ArtDodger
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To: ArtDodger
RE: I noticed Gallop was careful not to suggest what the true number might be.......

The government and the media keeps using U-3, which is the total unemployed, as a percent of the civilian labor force (this is the definition used for the official unemployment rate)

I always look at the U6 number from BLS to gauge the TRUE unemployment.

U-6 is the total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.

Alternative measures of labor underutilization by state, 2014 annual averages (percent)
State Measure
U-1 U-2 U-3 U-4 U-5 U-6

United States

3.0 3.1 6.2 6.6 7.5 12.0

Alabama

3.8 3.6 7.1 7.6 8.6 12.6

Alaska

2.5 3.6 7.1 7.6 8.4 11.5

Arizona

3.3 3.1 7.0 7.6 8.6 14.7

Arkansas

2.1 2.9 6.0 6.1 6.9 10.2

California

3.8 3.9 7.5 8.0 9.0 15.2

Colorado

2.4 2.4 4.9 5.1 5.7 9.4

Connecticut

3.7 3.7 6.6 7.2 8.0 12.6

Delaware

3.0 3.0 5.8 6.5 7.1 11.2

District of Columbia

5.1 3.6 7.8 8.3 9.0 11.9

Florida

3.5 3.2 6.3 6.8 7.5 12.8

Georgia

4.0 3.2 7.2 7.9 8.8 13.3

Hawaii

1.9 1.8 4.4 4.7 5.6 10.2

Idaho

1.5 2.3 4.7 4.8 5.6 10.3

Illinois

3.9 3.8 7.0 7.4 8.2 12.7

Indiana

2.5 3.2 6.1 6.5 7.3 11.3

Iowa

1.6 2.6 4.6 4.8 5.3 8.8

Kansas

1.7 2.3 4.6 4.8 5.6 9.1

Kentucky

3.1 3.2 6.5 6.8 7.8 11.7

Louisiana

2.9 2.8 6.4 6.9 7.8 11.3

Maine

2.4 3.1 5.7 6.2 7.1 11.9

Maryland

3.2 2.7 5.8 6.2 7.2 10.7

Massachusetts

2.9 3.1 5.8 6.1 7.0 11.5

Michigan

3.5 3.7 7.2 7.6 8.6 13.9

Minnesota

1.7 2.2 4.0 4.3 5.0 8.7

Mississippi

4.1 3.5 7.7 8.4 9.4 13.6

Missouri

2.8 3.6 6.4 6.8 7.5 11.8

Montana

1.5 2.6 4.6 4.9 5.7 10.3

Nebraska

1.1 1.6 3.3 3.5 4.1 7.0

Nevada

4.2 4.0 7.7 8.4 9.4 15.3

New Hampshire

1.9 2.4 4.2 4.5 5.2 9.7

New Jersey

3.8 4.1 6.7 7.1 8.0 12.4

New Mexico

4.0 2.6 7.0 7.6 9.1 13.2

New York

3.6 3.6 6.4 6.9 7.9 12.4

North Carolina

3.2 2.8 6.2 6.8 7.6 12.1

North Dakota

0.8 1.3 2.8 3.0 3.5 5.4

Ohio

2.6 2.6 5.6 6.0 6.8 10.9

Oklahoma

1.6 2.0 4.5 5.0 5.9 8.6

Oregon

3.2 3.7 7.1 7.4 8.3 14.2

Pennsylvania

2.8 3.1 5.7 6.2 7.2 11.6

Rhode Island

4.2 4.3 7.7 8.1 9.0 13.5

South Carolina

3.2 2.7 6.4 7.1 8.2 12.5

South Dakota

1.0 1.5 3.5 3.7 4.2 6.4

Tennessee

2.8 3.4 6.6 7.1 8.0 13.1

Texas

2.0 2.2 5.0 5.4 6.1 9.9

Utah

1.2 1.8 3.9 4.2 4.8 8.2

Vermont

1.4 2.2 4.2 4.5 5.1 8.8

Virginia

2.4 2.4 5.2 5.5 6.5 10.4

Washington

2.6 3.2 6.3 6.6 7.5 12.5

West Virginia

3.2 3.3 6.6 7.1 8.1 12.4

Wisconsin

2.4 3.2 5.6 5.8 6.8 10.3

Wyoming

1.4 1.9 4.4 4.5 5.0 7.5

                              Substate areas

Los Angeles County

4.5 4.0 8.1 8.5 9.4 16.8

New York City

4.6 3.9 7.3 7.9 8.9 13.2

7 posted on 02/03/2015 10:06:08 AM PST by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: ArtDodger

According to the Gallup daily poll, the non seasonally adjusted unemployment rate is 7.1%.


12 posted on 02/03/2015 10:09:54 AM PST by oincobx
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To: ArtDodger

With the above table taken from the BLS, SEE HERE:

http://www.bls.gov/lau/stalt.htm

We are closer to about 12% unemployment ( or 1 in 8 people in this country ), which is MORE THAN DOUBLE the official unemployment rate.


13 posted on 02/03/2015 10:10:11 AM PST by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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