Skip to comments.In U.S., Unadjusted Unemployment at 7.3% in Mid-October
Posted on 10/17/2012 8:23:54 PM PDT by chessplayer
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.
(Excerpt) Read more at gallup.com ...
A lot of Baby Boomers retired, and created a vacuum.
This does not count the millions who have given up looking for work.
This is great news about the unemployment numbers. Now all we need to do is start getting people jobs so they can go back to work.
When did Gallup become the arbiter of the unemployment rate - I thought it was the government Bureau of Labor Statistics or something.
ObamaCare could cause a hiring boom, because employers will cut hours for many full time workers down to part time. But when they cut hours, they will need to hire more part time workers to fill the hours lost by others.
If it’s really dropping, it’s in anticipation of a President Romney landslide. Barry Hussein Obama (mmm mmm mmm)’s incompetocracy is breathtaking.
No one with a brain actually believes this horse crap we are being fed
Gallups numbers never track with BLS.
Didn’t the Obama administration threaten Gallup recently?
If we're to believe this (which we're not), Gallup is claiming that unemployment fell an astonishing six tenths of one percent in just two weeks.
Watch and see if Gallup doesn't find that the unemployment number magically falls another four tenths of a percent just in time to save Barky's ass before election day.
Sorry Gallup, but it won't work. Every American who's been paying attention knows that unemployment has been over 8% for the last 43 months. It's not "unexpectedly" falling right before the election, and everyone except the ill-informed Kool-Aid drinkers on the left knows it.
You think the people answering their phones are giving straight answers to Gallup? Gallup now calls Obama phones too! And both parties are spending a couple billion on 100’s of thousands of dirt cheap volunteers who would otherwise not be working. When Grandma and Grandpa go back into the labor force (so they don’t have to eat pet food) just watch that unemployment rate rise.
You nailed it. It’s bad enough that people believe anything pollsters like Gallup put out as if it were gospel truth when it’s just a political poll - but now we’re getting our employment statistics from them too?
BS! Ask your neighbors, friends, people who live down the block if this is reality. People are going to have to decide whether they believe their own senses or Obamas lies.
Perhaps it’s just a coincidence that they arrested a Bangladeshi trying to blow up the Federal Reserve, this week. You can’t be suggesting there’s a connection between that and the election campaign.
All I know is this:
I’m retired, but work part-time as a”notary-on-wheels” for law firms, collecting signatures on various legal documents. There has been a massive explosion in the number of people filing for Social Security Disability. These are dropouts from the work force, most of which have no discernable physical limitations. When people are rejected on their application, the lawyers take over and frequently make it work.
In about two weeks the most dangerous place in the world will be Libya. We will wag the hell out of that dog to get voters to forget about Obama's confusion about the Benghazi attack.
Is this the continuation of the Romney Rally?
Should be 6% by Oct 23, then 5% Oct. 30, then 4.2% Nov 5! Shazaamm!
(hey, it's as good an
bullsh t explanation to anything the MSM has to offer)
That is a Reagan retort if I ever saw one. A winner.
“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.”
What state(s) did they leave out of the report this time??
I happen to believe t hat unemployment is getting lower, and will trend to track down For a while. Bls will show this tomorrow, you will see.
businesses have gotten tired of waiting to hire, and will fill a few needs.
I assume that Gallup is hiring “seasonal” workers.
But the issue is WHY is it getting lower. 1) people dropping out of the work force lowers the denominator even if the number working does not change. 2) people are getting hired PART-TIME but want full time employment.
If more are working at all it is a good thing but that is a big IF.
Remember how hiring began to slow down when it was assumed that Pelosi and Reid would gain control of the House and Senate before the election even happened?
Remember how hiring abruptly haulted and businesses began tightening their belts almost immediately after the election 2006?
I'm not saying this is the case for this story but it is something to keep in mind.
Why doesn’t anybody get this? The market priced in a socialist president when Obummer looked like he was going to win....now the market is pricing in a market conscious, business knowledgeable president...Romney. It couldn’t be more clear.
Right after they got sued by the regime for putting out unacceptable polling numbers.
Sorry, this is just too convenient.
It’s not going to save BO’s ass, because everyone thinks he a massive liar these days.
Thanks for posting that graphic; it’s breathtaking, and should be devastating. I reposted on my Facebook page.
Thanks. Spread that graphic far and wide. It tells the unvarnished truth about unemployment under Obama better than any article can.
The drill: When the adjusted numbers are LOWER than the unadjusted numbers, use the adjusted numbers. When the adjusted numbers are HIGHER than the unadjusted numbers, use the unadjusted numbers (at least when a Democrat is in office).
And yet jobless claims are up (unexpectedly, no doubt) by 46,000:
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