General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGallup's showing 7.8 % !
June 18, 2012
In U.S., Unadjusted Unemployment Flat So Far in June
Seasonally adjusted unemployment drops to 7.8%
by Jenny Marlar
WASHINGTON, D.C. -- U.S. unemployment, as measured by Gallup without seasonal adjustment, is 8.0% in mid-June, unchanged from the end of May but significantly better than the 8.7% for the month of June 2011. Gallup's seasonally adjusted number is 7.8%, an improvement from 8.3% at the end of May, and down slightly from the previous seasonally adjusted low of 7.9%, measured in January.
http://www.gallup.com/poll/155225/Unadjusted-Unemployment-Flat-Far-June.aspx
SidDithers
(44,228 posts)Sid
rfranklin
(13,200 posts)I can hear it now.
DCBob
(24,689 posts)Hope this trend continues.
Laura PourMeADrink
(42,770 posts)Tennessee Gal
(6,160 posts)Unemployment rates are measured by the government.
Laura PourMeADrink
(42,770 posts)than govt. They interview 30,000 people.
boxman15
(1,033 posts)They measure the unemployment rate slightly differently than the federal government does. If I recall correctly, though, they usually show a slightly higher unemployment rate than the "official" data, so hopefully this is a good sign of things to come.
TheKentuckian
(25,035 posts)The numbers only make any sense if you can believe that in our economic environment that folks by the millions just don't need work anymore. Yup, millions of working class folks during the worst downturn in generations just keep finding ways to become independently wealthy in the face of an ever increasing wealth differential and ever decreasing economic upward mobility.
Who are these folks, what is their secret? How are they going from Bush era wage slaves and cube rats to independently retired?
Wanting something to be true doesn't mean it makes any sense. The only way the unemployment numbers work is that most months more working age people drop out than get jobs and how can that jibe with actual economic conditions in modern America?