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Title: In U.S., Unadjusted Unemployment At 7.3% In Mid-October; Unemployment, Underemployment Lowest Since Gallup Began Tracking
Source: Gallup
URL Source: http://www.gallup.com/poll/158060/u ... -unemployment-mid-october.aspx
Published: Oct 19, 2012
Author: by Jenny Marlar
Post Date: 2012-10-19 14:59:26 by Brian S
Keywords: None
Views: 5294
Comments: 13

WASHINGTON, D.C. -- U.S. unemployment, as measured by Gallup without seasonal adjustment, is 7.3% in mid-October, down considerably from 7.9% at the end of September and at a new low since Gallup began collecting employment data in January 2010. Gallup's seasonally adjusted unemployment rate is 7.7%, also down from September. October's adjusted mid-month measure is also more than a percentage point lower than October 2011.

Mid-October unemployment rates.gif

These results are based on Gallup Daily tracking surveys conducted by landline and cell phone with more than 30,000 U.S. adults from Sept. 16-Oct. 15. Gallup's seasonally adjusted unemployment rate incorporates the .04 upward adjustment used by the U.S. Bureau of Labor Statistics (BLS) in October of last year. The adjustment for September was an increase of .02, which explains the .04 drop in seasonally adjusted employment despite the .06 decline in the unadjusted number.

The percentage of Americans working part time but wanting full-time work is 9.0% in mid-October, up from 8.6% in September, but still better than 9.4% in October 2011.

underemployment rate for Oct.gif

Despite the increase in the percentage of Americans working part time but wanting full-time work, the underemployment rate declined slightly to 16.3% in mid-October. Gallup's U.S. underemployment measure combines the unemployed with those working part time but wanting full-time work. The underemployment rate is at its lowest mid-month or monthly level Gallup has measured since it began collecting employment data in 2010.

hce8a5h5mu-jiru4thegtq.gif

Implications

The decline in unemployment but uptick in the number of Americans working part time but looking for full-time work is likely the result of seasonal hiring, which picks up in the fall for Halloween and continues through the end of the holiday season. Still, seasonally adjusted employment, which accounts for these types of periodic fluctuations, has declined modestly since the end of September. This is a promising sign that employers are adding jobs that will last into the new year.

Gallup's mid-month unemployment numbers are a good early predictor of the monthly numbers released by the BLS. The decline in Gallup's unadjusted and adjusted employment rate suggests that the BLS may report another decline when it releases the October data on Nov. 2. (3 images)

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#1. To: Brian S (#0)

People know Romney is going to win. We are starting to see the affect.

A K A Stone  posted on  2012-10-19   15:08:52 ET  Reply   Trace   Private Reply  


#2. To: Brian S (#0)

has that been adjusted for the miss reporting by california and other duchebag dem states

calcon  posted on  2012-10-19   15:14:48 ET  Reply   Trace   Private Reply  


#3. To: calcon (#2)

All I know is this is coming from you people's 'gold standard' of all polling firms, Gallup.

LOL!

It is not easy reconstructing 'molded minds'...

Brian S  posted on  2012-10-19   15:53:15 ET  Reply   Trace   Private Reply  


#4. To: Brian S (#3)

Here is some gallup history for you. Every single candidate who reached 50 percent at this point went on to win the Presidency.

A K A Stone  posted on  2012-10-19   15:55:33 ET  Reply   Trace   Private Reply  


#5. To: calcon (#2)

has that been adjusted for the miss reporting by california and other duchebag dem states

Were the numbers adjusted for all the campaign workers Odinga is counting on the rolls? Also, were the homeless folks given the obamaphones answering the survey??? LOL!!!

"Thine eyes did see my substance, yet being unperfect; and in thy book all my members were written, which in continuance were fashioned, when as yet there was none of them.) Psalm 139:16

redleghunter  posted on  2012-10-19   16:14:25 ET  Reply   Trace   Private Reply  


#6. To: A K A Stone (#4)

All Odinga has left are the dead and the black panthers. It is all execution mode now, who gets the faithful to the polls or prevents them from getting there. Axelrod put the push on Gallup to change their methodology and it back fired. If anyone is undecided at this point, they are either on crack or already in the bag for Odinga or both.

"Thine eyes did see my substance, yet being unperfect; and in thy book all my members were written, which in continuance were fashioned, when as yet there was none of them.) Psalm 139:16

redleghunter  posted on  2012-10-19   16:17:30 ET  Reply   Trace   Private Reply  


#7. To: A K A Stone (#4)

Here is some gallup history for you. Every single candidate who reached 50 percent at this point went on to win the Presidency.

Not at this time of polling. Reagan was only garnering around 39 percent for the same polling period with his '84 election.

It is not easy reconstructing 'molded minds'...

Brian S  posted on  2012-10-19   20:13:31 ET  Reply   Trace   Private Reply  


#8. To: Brian S (#7) (Edited)

You're full of it first of all.

Secondly I said every candidate that was at 50 percent went on to win. I doubt Mondale ever polled 50 percent anywhere.

A K A Stone  posted on  2012-10-19   20:20:32 ET  (1 image) Reply   Trace   Private Reply  


#9. To: A K A Stone (#8)

Is that chart supposed to be Reagan's numbers?

It is not easy reconstructing 'molded minds'...

Brian S  posted on  2012-10-19   20:26:38 ET  Reply   Trace   Private Reply  


#10. To: Brian S (#9) (Edited)

I tried posting the link with the graph. But for some reason it kept messing up. Here is the link to gallup.

www.gallup.com/poll/11887...e-gallup-poll-review.aspx

A K A Stone  posted on  2012-10-19   20:31:36 ET  Reply   Trace   Private Reply  


#11. To: Brian S (#0)

My question about you has always been this: Are you stupid or are you a propagandist???

I'm pretty sure that you are stupid, because no on will make any effort or spend any money to make you a propagandist.

The labor participation rate is the lowest in 31 years. The male labor participation is the lowest EVER -- since the government has been keeping track since 1948.

We are on verge of collapse. But you are too stupid to understand it.


"we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plague" -- lucysmom

jwpegler  posted on  2012-10-19   20:49:21 ET  Reply   Trace   Private Reply  


#12. To: jwpegler (#11)

The labor participation rate is the lowest in 31 years

Your argument is with Gallup, not I.

And yes Indeed....I'm stone, plum...stupid.

It is not easy reconstructing 'molded minds'...

Brian S  posted on  2012-10-19   22:54:12 ET  Reply   Trace   Private Reply  


#13. To: Brian S (#0)

o'BunglerNomics on Parade


"I am relying on my personal experience with Morons, which have been universally positive." -jwpegler

Capitalist Eric  posted on  2012-10-21   11:04:16 ET  (1 image) Reply   Trace   Private Reply  


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