GALLUP: UNEMPLOYMENT RATE JUMPS FROM 7.7% TO 8.9% IN 30 DAYS
Outside of the federal government's Bureau of Labor statistics, the Gallup polling organization also tracks the nation's unemployment rate. While the BLS and Gallup findings might not always perfectly align, the trends almost always do and the small statistical differences just haven't been worthy of note. But now Gallup is showing a sizable 30 day jump in the unemployment rate, from 7.7% on July 21 to 8.9% today.That's a pretty significant jump in people collecting unemployment and the number of underemployed is even worse. (same link)
This is an 18-month high.~snip~
Gallup also shows an alarming increase in the number of underemployed (those with some work seeking more). During the same 30-day period, that number has jumped from 17.1% to 17.9%.The labor force participation rate ain't looking so good either.
I've raised 5 kids to adulthood and know for a fact that when they're teens most think their parents are idiots and don't know anything when you try and explain things to them. It's only after they move out and are on their own for a while do they realize you may have had something.
Young voters are the same, when someone dangles shiny new ideas in front of them they think the older folks who've been around for awhile don't know what they're talking about.
They don't understand that we've seen the shiny new thing before it was repackaged and sold to them.
Although I can say I have never seen anyone come back for seconds before.
But then again I've never seen the liberal/commie press run cover for a failure as well as they do for Obama.
The point being that hopefully, these younger voters will be 8 years older and suffered enough under Obama and the turncoat media to not fall for the next shiny new thing the democrats dangle in front of them in 2016.
Maybe then we can turn around the dismal economy for them and they can finally have a future.