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Current Events => Economics => Topic started by: Ptarmigan on August 21, 2013, 06:01:05 PM

Title: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: Ptarmigan on August 21, 2013, 06:01:05 PM
Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
http://www.breitbart.com/Big-Government/2013/08/21/Gallup-Unemployment-jumped-from-77-to-89

Quote
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.

Unemployment rate jumped to 8.9 percent in one month! The true unemployment rate is double of that.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: Chris_ on August 21, 2013, 06:02:01 PM
Recovery summer!
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: Ptarmigan on August 21, 2013, 06:02:32 PM
Recovery summer!

In the Obama White House, it is. Such lies.  :mental: :bs:
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: obumazombie on August 21, 2013, 06:18:37 PM
The worst US president ever. All data supports the conclusion.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: Lacarnut on August 22, 2013, 12:43:01 AM
I betcha Democrats that are up for re-election next year sh!t a brick when they heard that news.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: CG6468 on August 22, 2013, 07:34:30 AM
What is the base line for the number of workers for these polls?
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: JohnnyReb on August 22, 2013, 08:29:08 AM
House sales are up..........then why is Wells Fargo laying off 280 in their mortgage department?
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: obumazombie on August 22, 2013, 10:26:30 AM
More moribund economic news...

http://cnsnews.com/news/article/report-us-household-income-below-end-recession-level (http://cnsnews.com/news/article/report-us-household-income-below-end-recession-level)

It's owebuma's "Fecal Touch" yet again.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: JohnnyReb on August 22, 2013, 10:34:59 AM
More moribund economic news...

http://cnsnews.com/news/article/report-us-household-income-below-end-recession-level (http://cnsnews.com/news/article/report-us-household-income-below-end-recession-level)

It's owebuma's "Fecal Touch" yet again.

It's the democrat "Fecal Down Economy".
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: Dori on August 22, 2013, 10:41:51 AM
What is the base line for the number of workers for these polls?

I think I read 30k.  But the surprise here is that they always coincide with the government's numbers.  Only different by a small amount.

This one could have just been a fluke, but I think they poll every day for 30 days and then get an average.

Didn't the gov't formula change about a month or two ago?
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: CG6468 on August 22, 2013, 10:44:06 AM
Who can keep up with all the isn't what the governmeant's changes?

[youtube=425,350] http://www.youtube.com/watch?v=Sk7gZG-TVCw[/youtube]
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: samspade on August 24, 2013, 05:24:03 PM
House sales are up..........then why is Wells Fargo laying off 280 in their mortgage department?
I see homes up for sales here but at reduced prices.  Every year the property taxes go up because they claim the homes are worth more --unless you want to sell it.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: RobJohnson on August 27, 2013, 08:34:21 AM
5 Hardest States To Find Work. Reid and Nancy Should Be Proud!  (http://money.msn.com/investing/5-states-where-its-hardest-to-find-work)

NV is #1, CA is #2. I think all of the top five are blue states. Underemployment is up in every state.

Home prices did jump 24% in Las Vegas. But they had previously dropped 50% as compared to 2007. There are a lot of hedge funds buying up homes and turning them into rental property. They are using cash to purchase.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: thundley4 on August 27, 2013, 01:09:40 PM
Quote
No. 5: Illinois
Underemployment 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.

The latest figure on unemployment in Illinois is 9.2%, and here in my town it's 13.2%.

Yes, I'm happy to have the job that I have, it's probably one of the best in town.
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: seahorse513 on August 27, 2013, 01:36:46 PM
Tennessee is really having it rough!!! It is kind of surprising, considering Nashville, which is supposed to be country music capital...
Title: Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% In 30 Days
Post by: Dori on August 27, 2013, 01:42:21 PM
Tennessee is really having it rough!!! It is kind of surprising, considering Nashville, which is supposed to be country music capital...

The people probably don't have the extra money to spend on entertainment.