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Originally Posted by RGRider
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It should be noted that Gallup does not use the "official" labor dept numbers. The have their own rubric to determine the unemployment rate which is probably only modestly more accurate than the DOL. Gallup had shown the UER lower than the DOL for most of the summer by a 10th or so. When the absurd numbers came out last month they were not reflected in Gallup's.
Also according to Gallup the real UNDER employment number is 17.2% which is probably a lot closer to the reality most of us are seeing.
Expect that the DOL's UER will suddenly jump when the release the numbers. They'll blame it on Sandy, or the Tsunami, or the Pubs, or just about anything under the noon day sun besides themselves.