PICKET: Gallup shows U.S. unemployment at 9%

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Gallup released new information on Monday showing that the unemployment rate has managed to creep back up to 9.0 percent. Gallup gathers daily unemployment information of U.S. adults in the workforce, ages 18 and older, who are underemployed, unemployed, and employed full-time for an employer.

However, unlike the Bureau of Labor Statistics (BLS) report that the administration cites, Gallup’s data are raw numbers numbers and not packaged with seasonal adjustments. With seasonal adjustments, BLS shows the unemployment rate at 8.3 percent. 

Gallup also shows the underemployment rate is at 19.2%. Those who are underemployed, according to Gallup, are individuals who “are employed part time, but want to work full time, or they are unemployed.”

 

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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.

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