Quote Originally Posted by Apocalypse View Post
(The Hill) — Unemployment could rise back to 9 percent of the U.S. population in Feburary, according to a Gallup survey released Tuesday, painting a grim picture for the Obama administration, which had been temporarily buoyed by promising jobs figures at the end of January.


Gallup’s mid-month reading, which traditionally previews the government report issued at the end of the month, shows a rise of seven-tenths of a percentage from the 8.3 percent unemployment rate at the end of January. That would be the worst unemployment figure since September of last year.


The survey firm said seasonal factors — including job loss by seasonal workers hired over the holidays — could be responsible for the dip.


“Regardless of what the government reports, Gallup’s unemployment and underemployment measures show a sharp deterioration in job market conditions since mid-January,” the firm said in a statement accompanying the release of the data.


Keep reading…





------

Say goodbye to Obama.
http://www.youtube.com/watch?v=8XZWgHNcUeA