Thursday, March 8, 2012

Gallup Unemployment Rate Rising

Gallup released their unemployment data for the month of February this morning (the government BLS data will be released tomorrow morning) showing the unemployment rate rising to 9.1%.

Gallup also measures those that have taken a part time job to survive while they continue to look for full time work.  When removing these workers from the population rate they have a total unemployment rate of 19.1%.  The unemployment rate during the great depression reached 25% at its peak.


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