U.S. Underemployment Steady at 18.4% in July

[Donnachaidh]

http://www.gallup.com/poll/141770/Underemployment-Steady-July.aspx

Among those aged 18 to 29, 28.4% are underemployed

PRINCETON, NJ -- Underemployment, as measured by Gallup, was 18.4% in July, essentially unchanged from 18.3% at the end of June and in mid-July. Underemployment peaked at 20.4% in April.

:snip for charts at site:

Gallup's underemployment measure includes both Americans who are unemployed and those working part time but wanting full-time work. It is based on more than 17,000 phone interviews with U.S. adults aged 18 and older in the workforce, collected over a 30-day period and reported daily and weekly. Gallup's results are not seasonally adjusted, and tend to be a precursor of government reports by approximately two weeks.

Changes in Unemployed and Part-Time Employees Wanting Full-Time Work Offset

The unemployment rate component of Gallup's underemployment measure fell to 8.9% at the end of July -- down from 9.2% at the end of June and 9.3% in mid-July. However, this decrease was more than offset by an increase to 9.5% in the percentage of employees working part time but wanting full-time work.


More at the link --

[earthside]

1. Good News!

This proves the 'recovery' is happening ... because underemployment isn't getting worse.

The Dow should go up about a hundred points today based on this great news.

But undoubtedly the Cassandras on DU will spin this into something bad.

Besides, at least the underemployed have some kind of job, right?









:sarcasm:

[Starry Messenger]

2. Move along, nothing to see!

:sarcasm:

[opihimoimoi]

3. Jobs, good jobs, safe jobs... are on the way via the Dem Party

Them crusty Pubs only lose jobs