“Unemployment in the U.S. rose to nine percent in mid-February, up from 8.3 percent a month earlier, according to a new Gallup survey. The polling company said this suggests that it is “premature” to assume the economy will not feature prominently in the 2012 election season.
Gallup figures typically provide an indication of what the government will report at the end of the month.
“The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February,” Gallup said in its mid-month unemployment survey, released on February 17. “The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January.”
Gallup said the Bureau of Labor Statistics (BLS) would likely report a rise in the official unemployment rate in early March, when it publishes its February figures….”
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nonsense. “it is halftime in america.” jobs will soon be growing on trees or just laying out in the open all anyone will hsve to do is pick one up. a really old dude said so.
It’s ironic, but the rise in the unemployment rate can be spun as optimistic, with some modicum of truth…
More people are trying to re-enter the workforce, and hence popping up on the un-employment radar.
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