Gallup’s mid-February unemployment rate, without seasonal adjustment is 9%. In mid-January the same number, without seasonal adjustment was 8.6%. In January the 8.6% dropped to 8.3% AFTER seasonal adjustment. In addition, underemployment is up to 19% from 18.7% in mid January. Seems the report that will come out on the first Friday of March announcing the February unemployment rate will not be good for Team Obama (but then, there is always statistical manipulation). See the new RNC video, The Promise That Became a Punchline below. Thanks to KatyPundit and BlueGrass Pundit.
The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January…
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. This is higher than the 18.7% recorded for January, and is up significantly compared with January’s mid-month reading of 18.1%. Gallup
I heard this played on radio yesterday but didn’t know who produced it, and couldn’t remember the “punchline.” Found it this morning at KatyPundit.
New RNC Video – The Promise That Became a Punchline (video)