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May 03, 2012

Gallup: Unemployment Rate Up
ADP: Unemployment Rate Up
Weekly Jobless Claims: Unemployment Rate Up
Obama's Announcement of Unemployment Rate Tomorrow: Down, I'm Thinking
Update: CNN Mentions The "Invisible" Jobless

Gallup: Up to 8.6%.

ADP: Hiring slowed significantly in April (and wasn't very good in March).

The four-week moving average of initial jobless claims rises to its highest level since December.

And the Obama-controlled Bureau of Labor Statistics releases its April employment figures tomorrow.

Anyone suspect another large number of Americans may be non-personed off the labor rolls entirely, so that Obama can claim that the unemployment rate remained steady or even fell?

CNN Notes the "Invisible" Jobless: With the headline--

The 86 million invisible unemployed

There are far more jobless people in the United States than you might think.

While it's true that the unemployment rate is falling, that doesn't include the millions of nonworking adults who aren't even looking for a job anymore. And hiring isn't strong enough to keep up with population growth.

As a result, the labor force is now at its smallest size since the 1980s when compared to the broader working age population.

This is CNNMoney. We'll see if it percolates over to CNN's broadcast division. I doubt it.

Via @gaypatriot


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posted by Ace at 03:22 PM

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