This Gallup poll won’t be found in the mainstream media anytime soon. Gallup shows the unemployment rate jumping from 7.7 to 8.9 percent.
Outside of the federal government’s Bureau of Labor statistics, the Gallup polling organization also tracks the nation’s unemployment rate. While the BLS and Gallup findings might not always perfectly align, the trends almost always do and the small statistical differences just haven’t been worthy of note. But now Gallup is showing a sizable 30 day jump in the unemployment rate, from 7.7% on July 21 to 8.9% today.
This is an 18 month High
Read More at Gallup: Unemployment Rate Jumps
Gallup Daily: U.S. Employment
Gallup tracks daily the percentage of U.S. adults, aged 18 and older, who are underemployed, unemployed, and employed full-time for an employer, without seasonal adjustment. “Underemployed” respondents are employed part time, but want to work full time, or they are unemployed. “Unemployed” respondents are those within the underemployed group who are not employed, even for one hour a week, but are available and looking for work.