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Home - by - December 6, 2012 - 12:35 America/New_York - 11 Comments

Gallup

U.S. Unadjusted Unemployment Shoots Back Up

Unemployment situation best for college grads, whites, men, and older workers

WASHINGTON, D.C. — U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate.

Gallup Adjusted and Unadjusted Unemployment Rate Trend, January 2011-November 2012

These results are based on Gallup Daily tracking interviews, conducted by landline and cell phone, with approximately 30,000 Americans throughout the month — 67.2% of whom are active in the workforce. Gallup calculates a seasonally adjusted unemployment rate by applying the adjustment factor the government used for the same month in the previous year. Last year, the government adjusted the November rate upward by 0.5 percentage points.

It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy. It is also possible that lackluster holiday hiring is to blame.

 

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» 11 Comments

  1. Carlos The Jackal

    December 6th, 2012

    Even with holiday temporary work? Imagine that!
    Be ready for a freaking AVALANCHE of lost jobs after Jan. 1, as businesses realize they didn’t make their “25% of our income is Christmas” quota.

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  2. RickeyG

    December 6th, 2012

    Hmmm…is that merely a correction for the “unexpected” drop in unemployment the month before the election, or is it the begining of an upward trend that may have no end in sight?

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  3. Wyatt, Insensitive Progressive Jerk

    December 6th, 2012

    Things are “looking up” so to speak.

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  4. 123321123321

    December 6th, 2012

    Don’t worry, the unemployment numbers will drop off once all these “new comers” are no longer collecting unemployment and are no longer counted as “unemployed”.

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  5. JDavid

    December 6th, 2012

    You ain’t seen nuthin’ yet, baby
    Oh, baby,
    Oh, baby,
    Oh, baby,
    Here’s something you’re never gonna forget
    You ain’t nuthin’ yet

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  6. Stranded in Sonoma

    December 6th, 2012

    Yep. Still 23.5%

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  7. kvn

    December 6th, 2012

    Wait until February when We the People discover just how devastating ObamaCare ObamaTax is for US workers.

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  8. Navy Squid

    December 6th, 2012

    “It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy. It is also possible that lackluster holiday hiring is to blame.”

    Um… Hello??? Re-electing BO caused it. Morons!

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  9. Bad Brad

    December 6th, 2012

    8.3 my ass. I wish Barry would have kissed us all, I’d feel better about getting this screwed.

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  10. Blink

    December 6th, 2012

    Oh come on. Real unemployment was never actually below 8% coming in to the election. It was just reported as below 8% for the election.It’s now returning to above 8%, mission accompolished, closer to the real unemployment rate. About 3x the official rate.

    I’m doing my part, I just filed for unemployment. I wanted my status counted. If I just continued to support myself with savings while looking for new work – I wouldn’t be counted as part of Obama the Enslaver’s economy.

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  11. Stranded in Sonoma

    December 6th, 2012

    I believe it was Menderman that said the unemployment rate would be 9% for August, 8% for September, 3% for October, and then 11% for November. Not that far off.

    Once the full force of ObamaTax hits in 2013, even the “official” unemployment rate will go way up. Except this time Krugman won’t be able to blame trying to balance the budget as the cause, like he tried to with the attendant rise in unemployment in 1936-37 which was actually due to the new Social Security taxes.

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