Friday, March 4, 2011

Gallup Feb. 2011 unemployment 10.3%, underemployment surges to 19.9%

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3/3/11, "Gallup Finds U.S. Unemployment Hitting 10.3% in February," Gallup, D. Jacobs
  • from 18.9% at the end of January"
"Unemployment, as measured by Gallup without seasonal adjustment, hit 10.3% in February -- up from 9.8% at the end of January. The U.S. unemployment rate is now essentially the same as the 10.4% at the end of February 2010.
  • The percentage of part-time workers who want full-time work worsened considerably in February, increasing to 9.6% of the workforce from 9.1% at the end of January.
A larger percentage of the U.S. workforce is working part time and wanting full-time work now than was the case a year ago (9.3%). Underemployment, a measure that combines part-time workers wanting full-time work with those who are unemployed,
  • surged in February to 19.9%....
Underemployment is now higher than it was at this point a year ago (19.7%)."...





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