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Outside of the federal government's Bureau of Labor statistics, the Gallup polling organization also tracks the nation's unemployment rate. While the BLS and Gallup findings might not always perfectly align, the trends almost always do and the small statistical differences just haven't been worthy of note. But now Gallup is showing a sizable 30 day jump in the unemployment rate, from 7.7% on July 21 to 8.9% today.
Recovery summer!
More moribund economic news...http://cnsnews.com/news/article/report-us-household-income-below-end-recession-levelIt's owebuma's "Fecal Touch" yet again.
What is the base line for the number of workers for these polls?
House sales are up..........then why is Wells Fargo laying off 280 in their mortgage department?
No. 5: IllinoisUnderemployment rate: 16.1% (tied-4th highest)Unemployment rate: 9.0% (7th highest)Gross domestic product: 1.9% (25th lowest)Income per capita: $44,815 (16th highest)Illinois' housing market reveals the poor state of economic health in the state: More than one-quarter of homes with mortgages have negative equity. Between 2007 and 2012, home prices saw a 28.6% decline, worse than only three other states. Jobs in Illinois are faring no better. The unemployment rate is one of the highest in the country. Employment growth was also slower than two-thirds of states in 2012. This month, the Chicago Tribune reported filings with the Illinois Department of Commerce and Economic Opportunity, which said about 400 workers were told in July they might be laid off.
Tennessee is really having it rough!!! It is kind of surprising, considering Nashville, which is supposed to be country music capital...