(Will you stop rooting for bad news. Isn’t that what Dougie Rubin and Deval told us we were doing during the last election? – promoted by Rob “EaBo Clipper” Eno)
A Gallup poll of labor from mid February shows the unemployment numbers rising back up to 10% from last month’s drop. Add in the part time workers that wish to work full time of 9.6% and the real underemployment numbers go to 19.6%
From the report:
More troubling, however, is the surge in underemployment. On this broader basis, current job conditions are barely improved from what they were at this time last year. Essentially, what has happened over the past year is that some people who were unemployed got part-time jobs but are still looking for full-time work. This is not much to show for a year in which many macro-economic indicators showed improvement.
Nice going Obama! Cut the teleprompter….