Is any Conservative really surprised that unemployment has jumped back up over 8% a month after the election as predicted?
Liberals were snookered again by Obama and the Democrats. The biggest group of suckers you want to see are zombie liberals. And you liberals have more surprises coming.
U.S. Unadjusted Unemployment Shoots Back Up
Unemployment situation best for college grads, whites, men, and older workers
by Jenny Marlar
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.
Underemployment, as measured without seasonal adjustment, was 17.2% in November, a 1.3-point increase since the end of October. The uptick in November also puts an end to the six-month trend of improvements or no change. Still, underemployment has improved 0.9 points since November 2011.
Gallup's U.S. underemployment measure combines the percentage who are unemployed with the percentage of those working part time but looking for full-time work. Gallup does not apply a seasonal adjustment to underemployment.
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.
Although the increase in the unadjusted rate in November is a sharp contrast to the 0.9-point decline seen in October, November's 7.8% rate is still tied for the second-best unadjusted unemployment monthly reading of 2012. However, on an adjusted basis, November's rate is the highest reading in six months. Looking at year-to-year comparisons, seasonally adjusted unemployment is down from 8.9% in November 2011.
Too bad for conservatives that Gallup isn't the official barometer of unemployment. Remember their final Presidential poll?
November 5, 2012
Romney 49%, Obama 48% in Gallup's Final Election Survey
I guess the fine print said "margin of error: 4%"
The real BLS report on "The Employment Situation" will be released tomorrow. I don't expect it to have a Republican bias.
The very same Gallup poll that pegged Romney ahead by 7 percentage points into the final week before November 7th?
" .. GOP 12: Gallup: Romney leads by 7% with early voters
Gallup releases a new survey showing Mitt Romney leading Barack Obama, 52%-45%, with the 15% of registered voters who've already voted. Meanwhile, 17% of "Romney ..."
We will see soon enough if they are right. I do not expect someone like you to accept anything from anyone that akes Democrats or Obama look bad. Even when the facts stand out for all of you too see. You will find excuses that put your mind at easy so you can continue to think everything is OK even when thy aren't. You remind me of the Titanic's situation. No one thought it could sink, yet it did.Feel free to go down with the ship Uncle. As for people like me I have my life vest and a boat.
Figures. Just think what it will be next month after Christmas. And with the fiscal cliff they predict 1% to 2% more. Obama wants it so don't be surprised. We could back up to 10 or 11% by February! Great job Obama. Thanks for not caring! 4 more years of this? Jezzzz!