Gallup Thinks Unemployment Is Falling, Too
Its numbers are even better than the government's
By John Johnson, Newser Staff
Posted Oct 17, 2012 1:15 PM CDT
Dozens of job-seekers line up to enter a National Career Fair in New York last February.   (AP Photo/Mark Lennihan)

(Newser) – Nobody tell Jack Welch. Gallup is out with unemployment numbers lending credence to the official government figures. In fact, Gallup's numbers are even stronger: It puts unemployment at 7.3% in mid-October, down from 7.9% in September and the lowest since Gallup began daily tracking in January 2010. Adjusted for the season, the number is higher at 7.7%.

Not all the news is rosy in the survey: It has the percentage of part-time workers who would rather work full time at 9.0% in October, up from 8.6% the previous month. Still, the overall results are "more evidence that the official 7.8% unemployment rate is not the wild outlier people initially thought," writes Joe Weisenthal at Business Insider.

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Oct 18, 2012 1:52 PM CDT
The issue goes beyond numbers. The quality of work is at least as important and the quantity available.
Oct 18, 2012 12:18 PM CDT
(R) The 2012 ELIZABETH EMKEN for US Senator of California: After the Obama-Romney 2nd presidential debate, THIS WEEK, the Obama-Biden National UNEMPLOYMENT CLAIM is INCREASING UP 46,000 "NEW" UNEMPLOYED benefit claim. Obama's 4 years of Contradictions to hurt American people are really dropping a big rock to your own feet.
Oct 17, 2012 8:18 PM CDT
The idea that the people who crunch labor statistics would bend the numbers to fit a political agenda is ludicrous... Of course that doesn't stop loud mouth republican malcontents from spreading their lies about it.