Friday, March 2, 2012

Gallup: Unemployment Rising

Obama's improving economy.
B.L.S....Barry's labor statistics.

Gallup finds U.S. unemployment, as measured without seasonal adjustment, to be 9.1% in February, based on almost 30,000 interviews with a random sample of Americans. When Gallup applies the 0.5-percentage-point seasonal adjustment that the government applied to its unadjusted data for February last year, it produces an adjusted unemployment rate for February 2012 of 8.6% -- a substantial increase from the 8.3% adjusted rate the government reported for January.
I will be curious to see how this administration will come up with better numbers, but I bet they do.
Maybe a few million more workers will vanish from the workforce again.

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