There is no ‘recovery’. Look for this unemployment news to be buried under news concerning the solar storm.
Interesting contrast with the BLS stats.
Of course we all knew when the Chicago mob got to the WH they weren’t going to turn into choir boys.
Unemployment was flat it remained at 8.3% by any means necessary. Gallup is wrong (again) maybe they can borrow some of that Obama secret seasoning (seasonal adjustments).
Not 15 minutes ago, ABC said that the Labor Department is upbeat as the recovery is in its beginning stages! And did you know that the unemployment rate can actually “bump” up during a recovery because ‘more people are looking for work’?
As they say: Nothing to see here...move along
Isn't a that great?!?
At this torrid pace, "underemployment" should be back down around 10% in only 2030!
The kicker, of course, is that Europe is about to come apart at the seams, which will seriously tank the US economy - and it is already in deep trouble.
Bad news for the un and under employed. But, good news politically. Maybe the American public needs to feel a little more pain before November 6, 2012 in order to NOT elect Obozo again. I’ll pay $10.00 per gallon for gas to get him out of the White House.
If you take the BLS U-6 number which includes under employed, and add back those not in the civilian labor force who want a job, you come close to Gallup’s 19.1% unemployment number.