You are currently viewing the printable version of this entry, to return to the normal page, please click here.

PICKET: Gallup - U.S. payroll population rate drops to 43.7 percent

← return to Water Cooler

Gallup is reporting that the U.S. payroll population employment rate (P2P) for the month of November dropped 2 percentage points from October to November: 

The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, was 43.7% for the month of November, down from 45.7% in October. This is the largest month-over-month decline in P2P since Gallup began tracking it in January 2010.

Gallup notes that the P2P is not seasonally adjusted, meaning that it does not consider employment that is part-time or temporary, for example.  Its analysis is based on 29,000 Americans over the age of 18 and work at least 30 hours per week throughout each month. Gallup concludes:

November’s P2P decline likely results from workers becoming unemployed or dropping out of the workforce altogether. Gallup’s U.S. unemployment rate increased in November to 7.8%, while the number of people active in the workforce — either working or not working but actively seeking employment — declined more than a full percentage point to 67.2%. The size of the workforce is also down compared with November 2011, when it was 67.7%.

← return to Water Cooler

About the Author
Kerry Picket

Kerry Picket

Kerry Picket, a former Opinion Blogger/Editor of The Watercooler, was associate producer for the Media Research Center, a content producer for Robin Quivers of "The Howard Stern Show" on Sirius satellite radio and a production assistant and copy writer at MTV.

Latest Stories

Latest Blog Entries

Comments
blog comments powered by Disqus
You Might Also Like
  • Maureen McDonnell looks on as her husband, former Virginia Gov. Bob McDonnell, made a statement on Tuesday after the couple was indicted on corruption charges. (associated press)

    PRUDEN: Where have the big-time grifters gone?

  • This photo taken Jan. 9, 2014,  shows New Jersey Gov. Chris Christie gesturing as he answers a question during a news conference  at the Statehouse in Trenton.  Christie will propose extending the public school calendar and lengthening the school day in a speech he hopes will help him rebound from an apparent political payback scheme orchestrated by key aides. The early front-runner for the 2016 Republican presidential nomination will make a case Tuesday Jan. 14, 2014, that children who spend more time in school graduate better prepared academically, according to excerpts of his State of the State address obtained by The Associated Press. (AP Photo/Mel Evans)

    BRUCE: Bombastic arrogance or humble determination? Chris Christie’s choice

  • ** FILE ** Secretary of State Hillary Rodham testifies on Capitol Hill in Washington, Wednesday, Jan. 23, 2013, before the Senate Foreign Relations Committee hearing on the deadly September attack on the U.S. diplomatic mission in Benghazi, Libya, that killed Ambassador J. Chris Stevens and three other Americans. (AP Photo/Pablo Martinez Monsivais, File)

    PRUDEN: The question to haunt the West

  • Illustration by Greg Groesch/The Washington Times

    LAMBRO: Skirting the lane-closure issue

  • Illustration by Linas Garsys/The Washington Times

    LYONS: Benghazi demands a select committee in Congress

  • Happening Now