by Sara Noble
The media has been reporting a rosy jobs picture for the month of February, but Gallup has not. The Bureau of Labor Statistics will report tomorrow but I am guessing they will be more creative and report lower unemployment.
Gallup (Figures are from Jan. 15 – Feb. 15) -
The U.S. unemployment rate without seasonal adjustment is 9.0% in mid-February, up from 8.6% for January. [The Bureau of Labor Statistics reports seasonally adjusted figures]
U.S. employees in mid-February who are working part time but want full-time work is the same as in January and is close to January 2010 figures.
Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 19.0% in mid-February up from 18.7% recorded for January, and is up from January’s mid-month reading of 18.1%.
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