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March 09, 2012

Gallup Says Unemployment is Over 9% for February 2012 … Official Number Out on Friday Morning

Posted in: Barack Obama,Economy,Green Jobs,Jobs,Obamanomics,Unemployment

Just ahead of the Bureau of Labor Statistics this morning with the official unemployment report for the month of February, Gallup says that the actual unemployment rate is at 9.1%. Much like Doug Powers at Michelle Malkin.com, I believe that the unemployment rate will increase from 8.3%. Of course Obama and his minions will spin this as a positive. So what will the actual unemployment number be that is reported? Tune in at 8:30am on Friday morning.

ADP report predicts 216,000 new jobs:

Employment in the U.S. nonfarm private business sector increased by 216,000 from January to
February on a seasonally adjusted basis. The estimated advance in employment from December
to January was revised slightly upwards to 173,000 from the initially reported 170,000.
Employment in the private, service-providing sector rose 170,000 in February, and employment
in the private, goods-producing sector increased 46,000 in February. Manufacturing
employment increased 21,000.

UPDATE I: Unemployment rate at 8.3% for February 2012 … does any one really believe this manipulated number? The Jobs recession Now 49 Months: Longest Since WWII.  Just curious, what would happen if we cut off all unemployment benefits for those presently receiving them and forced all to enter the active jobs market and seek jobs … how high do you think the unemployment rate would be?


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