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U.S. Payroll to Population Rate Drops to 43.7% in August: Unadjusted unemployment climbs to 8.7%
Gallup ^ | 5 Sep 13 | Jenny Marlar

Posted on 09/05/2013 6:10:07 AM PDT by xzins

The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, dropped to 43.7% in August, from 44.6% in July, and is down from 45.3% in August 2012.

Gallup's P2P metric estimates the percentage of the U.S. adult population aged 18 and older who are employed full time by an employer for at least 30 hours per week. P2P is not seasonally adjusted.

August marks the seventh month this year that the P2P rate failed to improve over the same month in 2012. In fact, so far this year, P2P has declined an average of 0.3 percentage points in terms of monthly year-over-year changes.

Unemployment Rises to 8.7% in August

Gallup's unadjusted unemployment rate for the U.S. workforce was 8.7% in August, up from 7.8% in July and from 8.1% in August 2012. Similar to P2P, unemployment fluctuates seasonally, and the year-over-year change is the most informative comparison. The uptick in unemployment this August compared with August of last year is the first year-over-year increase since Gallup was able to begin tracking yearly changes in 2011.

(Excerpt) Read more at gallup.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: economy; obamanomics; u3
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1 posted on 09/05/2013 6:10:07 AM PDT by xzins
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To: All

Let’s see what kind of numbers the government puts out tomorrow.

War is a distraction from a terrible economy


2 posted on 09/05/2013 6:11:00 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins
Here is the ADP number
3 posted on 09/05/2013 6:11:57 AM PDT by Perdogg (Cruz-Paul 2016)
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To: Perdogg

Part-time nation: wonder how many of that dropping number of jobs are part time???


4 posted on 09/05/2013 6:15:05 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

It’s more like 25%

government is a liar


5 posted on 09/05/2013 6:15:35 AM PDT by yldstrk (My heroes have always been cowboys)
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To: yldstrk

this is gallup’s survey.

The government and gallup both had it in the 7’s last month. Went UP an entire percentage point according to gallup.

But, the government propaganda machine doesn’t turn in their numbers until tomorrow.

This is terrible news for the economy. The airwaves blanketed with war talk would be a big benefit to Obama.

Good thing no one’s talking about war anyplace. /s


6 posted on 09/05/2013 6:18:03 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

Obama’s Amerika!


7 posted on 09/05/2013 6:21:23 AM PDT by Blue Turtle
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To: xzins

Those are dooming numbers.


8 posted on 09/05/2013 6:23:34 AM PDT by outpostinmass2
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To: xzins
Hooray! And there were ONLY 323,000 new jobless claims last week.

To paraphrase comedian Yakov Smirnov, what a recovery!

9 posted on 09/05/2013 6:23:46 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Blue Turtle

What more could you ask for: a part-time job, ever decreasing numbers of jobs, a peon existence, and while the cronies are buying off middle class Americans, their food stamps can buy steak and lobster.

After they’ve subjugated the new peon class is when they’ll switch to rice and beans only.


10 posted on 09/05/2013 6:24:42 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: Texas Eagle

Isn’t that amazing news: a third of a million people went on unemployment last week. We should throw a party.


11 posted on 09/05/2013 6:26:14 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: outpostinmass2

If Gallup’s unemployment rate is matched tomorrow in the BLS numbers, then we’ll know that something is bad wrong, and we’ll know why we’re having all this war talk out of the presidential golf pro.


12 posted on 09/05/2013 6:28:15 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

And probably just as many went on disability.


13 posted on 09/05/2013 6:35:37 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: xzins

Because the unemployment rate is based on the size of the workforce, if people drop out of the workforce [ 89 Million currently ] but the number of unemployed remains relatively flat, the unemployment rate will actually increase, even though the same number of people are unemployed [ over 101 Million ].


14 posted on 09/05/2013 6:39:30 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: xzins

Summer’s over. The seasonal help is being let go.


15 posted on 09/05/2013 6:39:35 AM PDT by DownInFlames
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To: xzins

Let’s keep the math simple:

If 45% were employed and now 43% are employed, that’s 2% fewer employed.

2% / 45% is darned near 4%.

That’s a 4% INCREASE IN UNEMPLOYMENT SINCE LAST YEAR AT THE SAME TIME!!!!


16 posted on 09/05/2013 6:40:41 AM PDT by Uncle Miltie (Are Marines required to salute Al Qaeda yet?)
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To: Texas Eagle

They are spinning by saying the rates have dropped to pre recession numbers.


17 posted on 09/05/2013 6:42:45 AM PDT by dforest
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To: dforest

Hallelujah! 17 trillion dollars later, we are back to square one!


18 posted on 09/05/2013 6:44:57 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle

LOL Good times are here.


19 posted on 09/05/2013 6:46:17 AM PDT by dforest
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To: george76

You live by the statistical sword and you die by the statistical sword. Obama has benefitted for months from a dropping unemployment rate due to “discouraged workers” who drop out and aren’t counted in the numbers.

Apparently, he hasn’t been discouraging enough.


20 posted on 09/05/2013 6:46:34 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: dforest

As long as we are going to celebrate pre-Obama numbers, can’t we just go back to the pre-Obama President?


21 posted on 09/05/2013 6:50:55 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle

No, your heart is supposed to palpitate for Cankles Clinton next.

She will fix it alright.


22 posted on 09/05/2013 6:52:39 AM PDT by dforest
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To: DownInFlames

However, they say to track whether that’s a legitimate drop you look at last year’s numbers, same time, to see what you see.

Last August was 45.3; this August is 43.7. So, it really is dropping.

Also, it’s my sense that we’re not yet out of harvest time. They won’t be really letting go for another month.


23 posted on 09/05/2013 6:53:55 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: dforest
Not even Bill's heart palpitates for Cankles.

Huma on the other hand.....

If my heart ever palpitates for Hitlery, I'll rip it out with my bare hands.

24 posted on 09/05/2013 6:54:58 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Uncle Miltie

You’ve really got to quit being logical.

It will ruin your breakfast. :>)


25 posted on 09/05/2013 6:55:27 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins
ADP numbers are highly volatile. More analysis of the ADP number here:

ADP Payrolls 176K, Small Miss, Pace Of Increase Broken For First Time Since April

BLS numbers are less volatile but subject to significant manipulation (seasonality, birth/death, outright lies, etc.).

I have to think Gallup's numbers are probably the most accurate. The "Payroll to Population" number is one-step a better metric than BLS' Labor Force Participation Rate, and is telling.

All of the numbers show an early slowdown in employment. The drop off usually occurs in October, not August.

We are in a period like the 1930s and 1970s. Lost decades where slow economic growth means the economy never returns to its earlier levels.

26 posted on 09/05/2013 7:00:15 AM PDT by magellan
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To: Texas Eagle

LOL


27 posted on 09/05/2013 7:06:14 AM PDT by dforest
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To: xzins

We will get some idea tomorrow.


28 posted on 09/05/2013 7:06:40 AM PDT by Perdogg (Cruz-Paul 2016)
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To: Perdogg

The administration is so sinister, perdogg, that I’ll not be surprised if Obama’s BLS says UE3 drops again to 7.3.

Then we’ll get to decide who is the liar: Gallup or Obama.


29 posted on 09/05/2013 7:11:02 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

That is a possibility since you are posting that the LP Rate has dropped. The numbers will come under scrutiny tomorrow, as they always do.


30 posted on 09/05/2013 7:15:45 AM PDT by Perdogg (Cruz-Paul 2016)
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To: xzins

Bush’s fault.


31 posted on 09/05/2013 7:20:48 AM PDT by Hoodat (BENGHAZI - 4 KILLED, 2 MIA)
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To: Perdogg
The numbers will come under scrutiny tomorrow, as they always do.

Not by the state run media. Top of the hour abc radio news reported "strong growth numbers for august."

32 posted on 09/05/2013 7:45:28 AM PDT by quimby
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To: outpostinmass2

What did you expect, government has taxed, regulated or sued every business out of the country where are people suppose to work?


33 posted on 09/05/2013 8:00:07 AM PDT by edcoil (System now set up not to allow some to win but for no one to lose!)
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To: xzins

One of the advantages of advancing years is to be able to see that the idiocy will not end within your lifetime, so you take stupidity and tragedy with a grain of salt.

I live well. Other people are completely F’ed up.


34 posted on 09/05/2013 8:20:07 AM PDT by Uncle Miltie (Are Marines required to salute Al Qaeda yet?)
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To: xzins

The Obama bootlickers will say that this is all George Bush’s fault. He messed the economy up so bad that not even The One can fix it, so unemployment and underemployment is the new norm.


35 posted on 09/05/2013 8:31:48 AM PDT by Blood of Tyrants (Tyranny is defined as that which is legal for the government but illegal for the people. T Jefferson)
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To: Blood of Tyrants

Well, it’s evident everywhere you go. People are just off, during the middle of the day, in hordes. All out shopping, hanging out ...no one seems to work ever.


36 posted on 09/05/2013 8:54:36 AM PDT by LibsRJerks
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To: Uncle Miltie

+1


37 posted on 09/05/2013 9:49:42 AM PDT by LurkingSince1943 (Former War Criminal)
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To: xzins

Throw in wine and bread and you’ve just described Europe.


38 posted on 09/05/2013 11:05:07 AM PDT by cherokee1 (skip the names---just kick the buttz)
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To: magellan

“-—like the 30’s and 70’s——” Yeah, in terms of the big numbers that’s about right. But this time the causes are different. Modernization/mechanization/high speed manufacturing are going to take a generation of underskilled/under-educated people out of the workforce. There are only 12 million of us left who actually make a product. And we’re taking jobs back from China with machinery, not cheap labor. I’ve said for a couple decades that we are headed for a 90/10 economy and that’s going to last until the 90% realize they have to get themselves into the 21st century. Example: Just yesterday auto sales were reported up. But leases were up far more than purchases. That’s pathetic because it points to a time when most folks won’t even own their own dam smokemobiles.


39 posted on 09/05/2013 11:18:26 AM PDT by cherokee1 (skip the names---just kick the buttz)
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To: xzins

Wow, 0bummer recovery in full swing.


40 posted on 09/05/2013 11:32:16 AM PDT by CincyRichieRich (“Life is hard, but it’s harder when you’re stupid.” John Wayne)
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To: xzins

Repeating the FDR economic legacy. Maybe this is why Obama is trying to distract with a dumb war.


41 posted on 09/05/2013 11:37:16 AM PDT by RginTN
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To: DownInFlames
Summer’s over. The seasonal help is being let go.

Just in time for the government to inflate the next "seasonal" hiring numbers. Christmas is just around the corner.

42 posted on 09/05/2013 11:47:02 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: xzins

Most seasonal summer entertainment/travel related places probably had most people still on payroll at the time of this survey.


43 posted on 09/05/2013 12:48:06 PM PDT by matt04
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To: xzins
[This is terrible news for the economy. The airwaves blanketed with war talk would be a big benefit to Obama.]

What was an embarrassing diplomatic snafu for Obama is now being fired up—going to Congress for their vote—into a huge distraction from the economy, the IRS, Benghazi, etc.

44 posted on 09/05/2013 12:52:42 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: cherokee1
won’t even own their own damn smokemobiles.

And then, same as education, since the Fed has given money to automakers in some way shape or form, they'll demand annual driving maximums on mileage, fuel usage, tracking devices continually on, etc., etc.

45 posted on 09/05/2013 1:15:29 PM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

Lets see how the liberal media is spinning this:

Jobless claims improve, remain near six-year low
Blog
-MSNBC (blog)-5 hours ago


46 posted on 09/05/2013 2:48:49 PM PDT by lowbridge
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To: Uncle Miltie
One of the advantages of advancing years is to be able to see that the idiocy will not end within your lifetime, so you take stupidity and tragedy with a grain of salt. I live well. Other people are completely F’ed up.

I hear what you're saying, but that is completely depressing.
47 posted on 09/05/2013 4:14:02 PM PDT by yorkiemom
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To: xzins

Got behind a school bus on the way to work the other day.
Most of the parents waiting for the bus with their kids were middle aged white men.
Nobody is working, I guess.


48 posted on 09/05/2013 4:32:20 PM PDT by Palio di Siena
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To: Palio di Siena

The continuing castration of the American male.

Ridlin
No Contact sports
No Job


49 posted on 09/05/2013 5:00:45 PM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

I think even those numbers are inflated, just as the government U3 and U6 numbers are artificially low. We are in Great Depression territory and have been for some time now. EBT, TANF, Section 8 and Obamaphones keep it looking like we’re in 1992.


50 posted on 09/05/2013 11:25:16 PM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
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