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In tomorrow's BLS payroll report, economists forecast an increase of 225,000 private jobs and total non-farm payrolls growth of 210,000. ADP expects 216,000 private jobs. I will take the under. Meanwhile Gallup reports U.S. Unemployment Up in February U.S. unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1% in February from 8.6% in January and 8.5% in December. The 0.5-percentage-point increase in February compared with January is the largest such month-to-month change Gallup has recorded in its not-seasonally adjusted measure since December 2010, when the rate rose 0.8 points to 9.6% from 8.8% in November. A year ago,...

The unemployment rate shot up by half a percentage point in February, according to figures released by the polling organization Gallup on Thursday. The jump from 8.6 percent in January to 9.1 percent last month is the largest month-by-month increase in more than a year, Gallup said. It is the highest rate since August. Gallup’s figures differ from the official government unemployment rate because they do not adjust the figure for seasonal variations or include anyone under 18. ...snip “If the government's unadjusted unemployment rate increases to the degree that Gallup's has from mid-month to mid-month, then the government's seasonally...

PRINCETON, NJ -- U.S. unemployment, as measured by Gallup without seasonal adjustment, increased slightly to 8.6% in January from 8.5% in December...

In his own inimitable style, Davidowitz explains why the consumer is in "terrible shape" and why "it's going to get worse," citing the following: Crushing Debt Load: Consumer debt is 117% of disposable income. Help Not Wanted: Even November's "strong" report included more people dropping out of the labor pool (315,000) vs. those who found work (278,000), according to the Labor Department's household survey. Reverse Wealth Effect: Household net worth fell 4% in the third quarter, a drop of $2.4 trillion, according to the Fed. That's the biggest drop since 2008 and would be hard to overcome even if wages...

Unemployment is at 8.7%, with 9.7% working part time but seeking full-time jobs. Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.4% in mid-December, as measured by Gallup without seasonal adjustment. This is up slightly from 18.1% at the end of November and similar to the 18.5% of a year ago. ... The second component of underemployment is the percentage of U.S. employees who are working part time but want full-time work. It is now at 9.7% -- essentially the same as the 9.6% at...

PRINCETON, NJ -- Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.1% in November, as measured by Gallup without seasonal adjustment. That is up from 17.8% a month ago and 17.2% a year ago. Many employers appear to have chosen to hire part-time rather than full-time employees for this holiday season.

In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage and buying fewer homes, often raising kids out of wedlock. They suffer from the highest unemployment since World War II and risk living in poverty more than others — nearly 1 in 5. ... really high levels of underemployment and unemployment will haunt young people for at least another decade

...The labor participation rate continues to decline. This measure of people who are either employed or actively looking for work declined last month from 64.1% to 63.9%. Why? People are so discouraged that they have given up looking for work. Please scroll to the bottom of the report to which I linked. We witness that the number of discouraged workers rose from 982,000 in June (822,ooo in May) to a whopping 1,119,000 last month. We had an increase of 137,000 discouraged workers last month and 297,000 discouraged workers over the last two months. Juxtapose those figures next to the increase...

Underemployment is tougher on the life evaluation ratings of college graduates and postgraduates than on Americans who are less educated. The percentage of highly educated underemployed Americans who rate their lives well enough to be considered "thriving" is 17 percentage points lower than their employed counterparts. Among the less educated, thriving drops 10 points when underemployed. Although underemployment appears to have a greater effect on how the highly educated rate their lives, they are still more positive than the less educated who are also underemployed. Gallup-Healthways Well-Being Index data from Jan. 1 to June 2, 2011, find that on average...

Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March -- a slight uptick from the relatively flat January and February numbers. A rise in the percentage of part-timers wanting to work full time (from 9.2% to 9.9%) is responsible for the March increase in underemployment.

(CNSNews.com) - One out of five American workers who wants a full-time job cannot find one, according to a Gallup survey released today. This news comes 25 months after President Barack Obama signed a stimulus law designed to keep the U.S. unemployment rate under 8 percent. Gallup derives what it calls the “underemployment” rate by combining the percentage of unemployed workers with the percentage of workers who are employed only part-time but want a full-time job. As of mid-March, Gallup reported in its new survey, 10.2 percent of American workers were unemployed and 9.7 percent were working part-time but wanted a...

Underemployment surged to 19.9% in February from 18.9% at the end of January. Unemployment, as measured by Gallup without seasonal adjustment, hit 10.3% in February -- up from 9.8% at the end of January. The U.S. unemployment rate is now essentially the same as the 10.4% at the end of February 2010. ... Underemployment, a measure that combines part-time workers wanting full-time work with those who are unemployed, surged in February to 19.9%.

One problem with the 9% unemployment rate published by the BLS is that it includes part-time and temporary workers. Gallup's measure of underemployment, which combines part-time workers wanting full-time work with the total unemployment rate, has surged in recent months. It's now back to where we were at a year ago.

The U.S. jobless rate was flat at 9.6% in September, but the government’s broader measure of unemployment rose even more to 17.1%, the highest rate since April and down just slightly from the October 2009 high of 17.4%. The comprehensive gauge of labor underutilization, known as the “U-6″ for its data classification by the Labor Department, accounts for people who have stopped looking for work or who can’t find full-time jobs. The key to the rise in the broader unemployment rate was due to a 612,000 jump in the number of people employed part time but who would prefer full-time...

PRINCETON, NJ -- Underemployment, as measured by Gallup, was 18.6% in August, up from 18.4% at the end of July. Underemployment peaked at 20.4% in April and has yet to break below 18.3% this year. Gallup's underemployment measure estimates the percentages of American workers who are either unemployed or working part time but wanting full-time work. It is based on more than 15,000 phone interviews with U.S. adults aged 18 and older in the workforce, collected over a rolling 30-day period and reported daily and weekly. Gallup's results are not seasonally adjusted and tend to be a precursor of government...

On The Eve Of The Big Jobs Report, Gallup Says Underemployment Jumped In August Joe Weisenthal Sep. 2, 2010, 3:23 PM It's been something of a mixed-bag in terms of lead-up to tomorrow's big jobs report. Challenger said layoffs in August were down. ADP says hiring was down, too. Today's initial claims report was okay, and now Gallup is saying underemployment jumped in August. Image: Gallup In general, Gallup is forecasting a mediocre number tomorrow: ...Wednesday's ADP report suggests private-sector employment declined last month. Similarly, Gallup's underemployment measure and its unemployment rate show the job situation worsening. Gallup modeling suggests...

The underemployment rate as measured by Gallup was 18.4 percent in July, up slightly from 18.3 percent in June. The results confirm that there was no real improvement in the U.S. job market last month. The underemployment rate measures both Americans who are unemployed and those working part-time but wanting full-time work. Share The unemployment rate component of Gallup's underemployment measure fell to 8.9 percent at the end of July — down from 9.2 percent at the end of June. However, this decrease was more than offset by an increase in the number of people settling for part-time jobs.

Hoping to lift sagging confidence in President Barack Obama's economic leadership, the White House will make the case on Wednesday that his policies are creating jobs and spurring private investment. A report to be unveiled at 11 a.m. EDT will estimate that Obama's $862 billion economic stimulus package, which passed last year, has saved or created 3 million jobs and is on track to meet its goal of 3.5 million jobs by the end of this year. The analysis from the White House Council of Economic Advisers will say that government funding of clean energy, economic development, construction projects and...

Advised by a Walgreens superior that a promotion was "very highly likely" if he transferred to the drugstore chain's Dallas division, Chris Cummings uprooted his family and bought a spacious house in this hopefully named suburb. "The sky's the limit," he was told. But instead of a promotion, the company for which Cummings had been an assistant manager three and a half years cut his hours so drastically that he had to take a second job. In March, he was laid off, and his part-time second job became full-time. And so that is how a 40-year-old father of four with...

So just how bad is the U.S. economy? Well, the truth is that sometimes it is hard to put into words. We have squandered the great wealth left to us by our forefathers, we have almost totally dismantled the world's greatest manufacturing base, we have shipped millions of good jobs overseas and we have piled up the biggest mountain of debt in the history of mankind. We have taken the greatest free enterprise economy that was ever created and have turned it into a gigantic house of cards delicately balanced on a never-ending spiral of paper money and debt. For...