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Gallup: Unemployment Steady At 9.6%

From Gallup:

U.S. Unemployment Steady at 9.6% in Mid-January

by Dennis Jacobe, Chief Economist

January 18, 2011

PRINCETON, NJ — Unemployment, as measured by Gallup without seasonal adjustment, remained at 9.6% in mid-January, the same as at the end of December. This marks a one-percentage-point improvement from 10.6% in mid-January 2010…

And even Gallup has put on the rose-colored glasses:

Gallup’s finding that the U.S. unemployment rate was unchanged in mid-January 2011 is good news for those looking for work and for the U.S. economy as a whole. Because Gallup’s unemployment measure is not seasonally adjusted, it would normally tend to increase at this time of the year as hiring declines and weather affects the ability to do some outdoor jobs. Therefore, the absence of an increase suggests jobs aren’t getter even harder to find right now, as happened early last winter

Talk about leaning on a slim reed.

This article was posted by Steve Gilbert on Tuesday, January 18th, 2011. Comments are currently closed.

6 Responses to “Gallup: Unemployment Steady At 9.6%”

  1. proreason

    Just a reminder. Real unemployment is over 20%.

    This bogus “obamy approved” number doesn’t count people who have given up on finding work for any reason whatsoever, people forced to take part-time jobs at low wages, self-employed people who have lost their work, and people who had retired or were able to stop working (like stay at home moms) but now need jobs that don’t exist..

    In other words, it is a false % designed to make the government look good. The truth is catastrophic. All of you have friends and relatives who are affected.

    9.6% is a bald-faced lie.

    Unemployment now is at levels similar to the great depression. Except that today, a significant portion of the people who ARE employed are in pretend, make-work government jobs that effectively move dirt from point a to point b. Those people are paid from taxes on your children in the future…provided the country lasts long enough to collect them.

    • Right of the People

      Pro, by 1936 we had a very similar situation except those jobs weren’t permanent like today’s, they were in the Gov make work agencies like the CCC, WPA, etc. The other difference is some of those agencies actually create things like the national parks that we could use. Today’s gubmint agencies only produce more paperwork and misery.

    • BigOil

      I agree there is not a significant difference between the current economic conditions and the great depression. It just appears different today, because we don’t have the visible soup lines and Obamavilles. Our federal government has discovered it can print money; thereby putting 42 million people on food stamps, serving up three years of unemployment benefits, and providing subsidized housing.

      Despite the make-work jobs, total employment has decreased by over 7 million from 2007 to today – but at least it’s stable.

  2. tranquil.night

    If you guys follow Dr. Reynolds/InstaPundit, he basically has had a running title to go along with every new piece of economic news since the shooting:

    “Why they would rather talk about Sarah Palin (cont’d)”

    2.5 trillion public sector pension shortfall, wow that Porkulus was effective… Oh, But that’s just unwarranted paranoia in the municipal bond market. Move along, nothing to see here.

  3. Remember when things were so horrible under that evil George Bush. During the worst economy since the great depression. Back when 4% unemployment was unconscionable. So long ago. I’m so glad we had recovery summer. Otherwise where would we be?

  4. RabidAmerican

    This admenstruation’s every move is counter to economic laws and reason. And if any of their economic policy is ever recognizable it’s simply failed, thoroughly debunked Keynesian theory.

    Until we rescind our involvement with WTO, NAFTA and GATT and dump the Fed nothing will change.

    We can’t all build web sites for each other and have a growing, viable economy.

    My eyes are wide open and I see the most contrived so-called “economy” ever in my 63 years on planet earth.


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