Gallup Poll: Unemployment Really at 10.2 Percent
Monday, 14 Feb 2011 09:19 AM
By Forrest Jones The U.S. unemployment rate stands at 10.2 percent as of
February 12, much above the official estimate of 9 percent,
according to the Gallup polling agency.
Likewise, another Gallup poll shows 35 percent of Americans feel unemployment is the biggest challenge facing the nation right now, CNN reports. The figure is the highest percentage for those who say jobs is the most pressing issue in Gallup polling since October 1983. The official unemployment rate in January fell to 9 percent from 9.4 percent in December, which was good news. "It is clear that the drop in unemployment reflected more jobs being added, not a drop in the labor force," Nigel Gault, chief U.S. economist at IHS Global Insight, tells The Associated Press. Nevertheless, while the overall unemployment rate fell, separate government data of company payrolls shows that 36,000 net jobs were created in January, barely a quarter of the number needed to keep pace with population growth. © Moneynews. All rights reserved. |