U.S. Unemployment Up in February

U.S. Unemployment Up in February

Unemployment in the US is up from 8.6% in January to 9.1% in February. This percentage increase in the largest month-to-month change Gallup has recorded in its not-seasonally adjusted measurements since December 2010.

by Dennis Jacobe, Chief Economist
March 8, 2012
Gallup

PRINCETON, NJ -- U.S. unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1% in February from 8.6% in January and 8.5% in December.

The 0.5-percentage-point increase in February compared with January is the largest such month-to-month change Gallup has recorded in its not-seasonally adjusted measure since December 2010, when the rate rose 0.8 points to 9.6% from 8.8% in November. A year ago, Gallup recorded a February increase of 0.4 percentage points, to 10.3% from 9.9% in January 2011.

In addition to the 9.1% of U.S. workers who are unemployed, 10.0% are working part time but want full-time work. This percentage is similar to the 10.1% in January, but is higher than the 9.6% of February 2011.

To see entire article CLICK HERE

Previous External Article: February Podcast Archives 2012
Call Us Now For a Consultation 1 (800) BUY-COIN