Gallup: Unemployment sharply rises

posted at 8:51 am on December 6, 2012 by Ed Morrissey

Americans got mixed messages on employment today, as two more indicators tallied up before tomorrow’s jobs report for November.  Gallup’s tracking surveys on employment showed bad news, as both adjusted and unadjusted figures showed the sharpest uptick in unemployment in the last two years:

U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate. …

It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy. It is also possible that lackluster holiday hiring is to blame.

Although the increase in the unadjusted rate in November is a sharp contrast to the 0.9-point decline seen in October, November’s 7.8% rate is still tied for the second-best unadjusted unemployment monthly reading of 2012. However, on an adjusted basis, November’s rate is the highest reading in six months. Looking at year-to-year comparisons, seasonally adjusted unemployment is down from 8.9% in November 2011.

Underemployment, as measured without seasonal adjustment, was 17.2% in November, a 1.3-point increase since the end of October. The uptick in November also puts an end to the six-month trend of improvements or no change. Still, underemployment has improved 0.9 points since November 2011.

Here’s the graph for the last two years.  The results don’t put us back into the 2011 time frame, but they come close — and they’re significantly worse than most people expected, even with Hurricane Sandy:

Meanwhile, the Department of Labor reported that the level of weekly jobless claims returned to the status quo ante Sandy, down to 370,000:

In the week ending December 1, the advance figure for seasonally adjusted initial claims was 370,000, a decrease of 25,000 from the previous week’s revised figure of 395,000. The 4-week moving average was 408,000, an increase of 2,250 from the previous week’s revised average of 405,750.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending November 24, a decrease of 0.1 percentage point from the prior week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 24 was 3,205,000, a decrease of 100,000 from the preceding week’s revised level of 3,305,000. The 4-week moving average was 3,309,000, an increase of 7,750 from the preceding week’s revised average of 3,301,250.

Reuters rightly notes that this particular drop doesn’t tell us much, but the level is squarely within the middle of the range we’ve seen for the past 18 months.  The economy is shedding jobs at roughly the same rate as we’ve seen for that period, and it’s not generating jobs quickly enough to give those workers enough options other than unemployment.

In other words, don’t expect a dramatic shift in any direction tomorrow.  Given the data from Gallup today and ADP yesterday, I’ll predict that the jobs report shows about 95,000 jobs added and a jobless rate remaining steady at 7.9%.  What do you think the topline number of jobs added will be in tomorrow’s report?  Take the poll:


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Surprised?

50sGuy on December 6, 2012 at 8:55 AM

The Dems, with the aid of the MSM, have successfully duped enough people to thinking that if the rich just pay “their fair share,” there is no need for entitlement reform or reductions in spending.

Wethal on December 6, 2012 at 8:57 AM

Well, that certainly was unexpected…

rollthedice on December 6, 2012 at 8:58 AM

How many times will we hear Sandy tomorrow?

cmsinaz on December 6, 2012 at 8:58 AM

it is unclear what caused the increase in the unemployment rate in November

Yeah, ain’t it always. Let me guess: the rise in unemployment was “unexpected” too.

Browncoatone on December 6, 2012 at 8:59 AM

Now that the election’s over …

OldEnglish on December 6, 2012 at 8:59 AM

Socialist logic: We need to take more from the rich and give it to the unemployed.

darwin on December 6, 2012 at 8:59 AM

The only thing missing from his poster…

Life long liberal who voted for Obama…

cajunpatriot on December 6, 2012 at 8:59 AM

Who are these people voting for > 225k?

Eternal optimists?

Defenestratus on December 6, 2012 at 9:01 AM

It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy.

Simple enough. Break the numbers down by state.

Sandy hammered us in NJ & NY, and thanks to Squish Christie, our only purpose was a timely election cycle photo op for Obummmer.

bloviator on December 6, 2012 at 9:01 AM

It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy. It is also possible that lackluster holiday hiring is to blame.

Why would any employer be hiring with the fiscal cliff and Obamacare looming in less than a month?

Happy Nomad on December 6, 2012 at 9:02 AM

How many times will we hear Sandy tomorrow?

cmsinaz on December 6, 2012 at 8:58 AM

It depends. If you’re watching Grease or Annie, you’ll hear it a little. If you’re watching the drive-by media, you’ll hear it nonstop.

Doughboy on December 6, 2012 at 9:03 AM

Funny how these numbers come out AFTER the election. Not suprised!

Danielvito on December 6, 2012 at 9:03 AM

It is unclear what caused the increase in the unemployment rate in November

Hahahaha….

petefrt on December 6, 2012 at 9:05 AM

Defenestratus on December 6, 2012 at 9:01 AM

It’s probably the trolls.

Night Owl on December 6, 2012 at 9:08 AM

Simple enough. Break the numbers down by state.

Sandy hammered us in NJ & NY, and thanks to Squish Christie, our only purpose was a timely election cycle photo op for Obummmer.

bloviator on December 6, 2012 at 9:01 AM

You folks in NJ and NY certainly got the brunt of the storm damage and are the biggest whiners but the storm shut down much of the east coast at one point or another (including shutting down the federal government for a couple of days). I think a state breakdown would not be as conclusive as you suggest.

Having the rat-eared wonder show up to be slobbered over by Christie as if he or FEMA was actually getting things done is an affront that can be dealt with at the ballot box though NJ voters apparently are okay with such lies by their governor even as people were not even able to get the basic necessities from government at any level.

Happy Nomad on December 6, 2012 at 9:08 AM

Okay, so just where is the Obama recovery?

It’s been 4 long years, why hasn’t he worked his magic and his genius to pull us out of this mess?

Galt2009 on December 6, 2012 at 9:08 AM

the sharpest uptick in unemployment in the last two years

All I can say to that is ROFLMAO.
And I’ll keep doing that at every piece of inevitably bad economic news for the next 4 years. The American people will get what they deserve for voting stupidly.

DRayRaven on December 6, 2012 at 9:08 AM

Socialist logic: We need to take more from the rich and give it to the unemployed.

darwin on December 6, 2012 at 8:59 AM

Sounds Familiar.

kingsjester on December 6, 2012 at 9:09 AM

My daughter just became one of those statistics, one of 400 laid off from Living Social…and she had a really top end job too…

PatriotRider on December 6, 2012 at 9:09 AM

Okay, so just where is the Obama recovery?

It’s been 4 long years, why hasn’t he worked his magic and his genius to pull us out of this mess?

Galt2009 on December 6, 2012 at 9:08 AM

That there is the talk of magic beans and fairy dust. Don’t you realize that our beloved President is dealing with inheriting an economy where 8% unemployment is the new normal because we have ATMs and self-checkout scanners or something.

Happy Nomad on December 6, 2012 at 9:11 AM

My daughter just became one of those statistics, one of 400 laid off from Living Social…and she had a really top end job too…

PatriotRider on December 6, 2012 at 9:09 AM

It’s a shame that we all have to suffer the stupidity of the Obama voters. I hope she is able to find another job soon.

Night Owl on December 6, 2012 at 9:12 AM

Gallup: 53 Percent of Democrats Have ‘Positive Image’ of Socialism
http://cnsnews.com/news/article/gallup-53-percent-democrats-have-positive-image-socialism

(CNSNews.com) – According to a recent Gallup poll that asked participants if they have a positive or negative image of socialism, 53 percent of Democrats and “leaning democrats” said they have a positive image while 23 percent of Republicans and “leaning republicans” said their image is positive.

Why don’t the Dems just come out and confess to who they really are?

Galt2009 on December 6, 2012 at 9:13 AM

Okay, so just where is the Obama recovery?

It’s been 4 long years, why hasn’t he worked his magic and his genius to pull us out of this mess?

Galt2009 on December 6, 2012 at 9:08 AM

That there is the talk of magic beans and fairy dust. Don’t you realize that our beloved President is dealing with inheriting an economy where 8% unemployment is the new normal because we have ATMs and self-checkout scanners or something.

Happy Nomad on December 6, 2012 at 9:11 AM

Ahh yes, but a super genius of his ilk should be able to over come such mere triflings, just as he was able to sweep away all the misery of the storm with a wave of his mighty hand.

Galt2009 on December 6, 2012 at 9:16 AM

Why don’t the Dems just come out and confess to who they really are?

Galt2009 on December 6, 2012 at 9:13 AM

Because it doesn’t fare as well with focus groups as “progressives.”

What really has to happen is for those of us on the right to start calling these pinkos out for what they are.

Happy Nomad on December 6, 2012 at 9:16 AM

Twinkies.

Just remember 18,500 jobs lost. Last month HP announced major job cuts. Citigroup announced big cuts today.

monalisa on December 6, 2012 at 9:16 AM

Night Owl on December 6, 2012 at 9:12 AM

Thanks for your comment…

PatriotRider on December 6, 2012 at 9:17 AM

On a technical note, CNBC mentioned that the CES/CPS surveys week was pushed ahead to the week of the election because of Turkey Day. You do know who this benefits, right (hint, it’s not Romney)?

I’ll go with +75K jobs (off the CES), -25K employed (off the CPS), and U-3 of 8.0%.

Steve Eggleston on December 6, 2012 at 9:20 AM

Greece is the word!

Love,
Sandy

hillsoftx on December 6, 2012 at 9:21 AM

I expect to see an unexpected uptick in people working 2 part time jobs with no bennies or vacation time in the near future.The unemployment numbers will drop but the misery index won’t.

docflash on December 6, 2012 at 9:21 AM

Lol doughboy :)

cmsinaz on December 6, 2012 at 9:24 AM

I expect to see an unexpected uptick in people working 2 part time jobs with no bennies or vacation time in the near future.The unemployment numbers will drop but the misery index won’t.

docflash on December 6, 2012 at 9:21 AM

Isn’t it easier to partake of the long-term unemployment stash that Hussein Ogabe offers, while not paying mortgage, credit cards, or student loans in reasonable anticipation of an amnesty or a turmoil that will wipe all debts anyway?

Archivarix on December 6, 2012 at 9:25 AM

Okay, so just where is the Obama recovery?

It’s been 4 long years, why hasn’t he worked his magic and his genius to pull us out of this mess?

Galt2009 on December 6, 2012 at 9:08 AM

Well it did take us so long to get into this mess, that it’s gonna take just as long to get out of it. Or at least that’s the asinine Democrat logic. So I guess we have to wait til 2016 before we can really start expecting results from Obama. And if we’re still stagnating at that point, he ain’t up for reelection anyway, so don’t expect him to hold himself accountable.

Doughboy on December 6, 2012 at 9:25 AM

Sandy hammered us in NJ & NY, and thanks to Squish Christie, our only purpose was a timely election cycle photo op for Obummmer.

bloviator on December 6, 2012 at 9:01 AM

We will see how successful the photo op will be when PBHO throws Christie and NJ under the bus when it comes to paying for fixin’ up the debris.

I live in NJ and I enjoy the shore, once in awhile, but it is not the responsibility of the folks in AR, TX, OK or NM to fund the cleanup. The amount of taxes I get gouged with every year should be ample to help with the cleanup. Besides, shouldn’t local neighbors help each other instead of expecting Joe in AR to take money out of his pocket and send it to the folks that are taxing the crap out of residents and then spending it to enrich their well being and further their power base.

I’m stuck here for a few more years, and I will hate every minute of it, and fight the political bobble-heads at every opportunity. I vote against the incumbent regardless of party affiliation. I figure if they have been in office for more than 90 days they know how to and feel comfortable stealing money and wealth from me.

belad on December 6, 2012 at 9:26 AM

Steady as she goes.

Ocare and unemployed..

Resume optional.

Electrongod on December 6, 2012 at 9:28 AM

The Lost Decade

faraway on December 6, 2012 at 9:28 AM

U.S. unemployment, as measured by Gallup without seasonalPOLITICAL adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’sseasonallyUS DOJ REQUIRED adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate.

FIFY

ChicagoBlues on December 6, 2012 at 9:28 AM

Not to worry, as soon as The Won vanquishes those nasty Republicans in Congress, the world will right itself./

Cindy Munford on December 6, 2012 at 9:29 AM

The Lost Decade

faraway on December 6, 2012 at 9:28 AM

Given the POR Economy erased all the (non-stock) gains since 1999, that’s a low-balled estimate.

Steve Eggleston on December 6, 2012 at 9:30 AM

Greece is the word!

Love,
Sandy

hillsoftx on December 6, 2012 at 9:21 AM

You mean Selective Defaulted Greece

Steve Eggleston on December 6, 2012 at 9:33 AM

Gallup: Unemployment sharply rises

GET OUT!!

ToddPA on December 6, 2012 at 9:33 AM

Don’t blame Obama. He inherited this mess from President Obama. Forward!

Mo_mac on December 6, 2012 at 9:38 AM

Why don’t the Dems just come out and confess to who they really are?

Galt2009 on December 6, 2012 at 9:13 AM

“Communism” is still a dirty word.

Steve Eggleston on December 6, 2012 at 9:39 AM

That there is the talk of magic beans and fairy dust. Don’t you realize that our beloved President is dealing with inheriting an economy where 8% unemployment is the new normal because we have ATMs and self-checkout scanners or something.

Happy Nomad on December 6, 2012 at 9:11 AM

Let’s fire up the wayback machine:

These numbers clearly show the Obamas were living beyond their means and they might have suffered financially during the decline in housing prices had they relied on taking ever larger amounts of equity from their home to pay the bills.

But in 2005, Obama’s book sales soared and the royalties poured in. Michelle explained, “It was like Jack and his magic beans.”

Without those magic beans, the Obama family would have eventually suffered the consequences of too much debt.

Obama’s penchant for borrowing in his private life carries over to his public life.

Interestingly enough… (Jack and the Beanstalk) portrays a “hero” unscrupulously hiding in a man’s house, playing on his wife’s sympathies in order to rob and finally murder the owner of the house. In Tabart’s moralized version, a fairy woman explains to Jack that the giant had robbed and killed his father, thus transforming the acts into justified retribution.

And, now you know the rest of the story…

Fallon on December 6, 2012 at 9:40 AM

Uh, did Ed just do the “unexpected” thing?

The results don’t put us back into the 2011 time frame, but they come close — and they’re significantly worse than most people expected, even with Hurricane Sandy

Where’s the support for that statement? O.K., I’ll grant that Paul Krugman expected better numbers. I expected it to be lousy. So that’s one mark in the expected column.

An Objectivist on December 6, 2012 at 9:40 AM

I’m shocked and surprised at this unexpected news.
It’s never Obama or the Dems’ policies that are the root cause, it’s always something out of their control. It’s the stupid voters not understanding their gloriousness that gave us the 2010 election results. It’s BP oil spill or Hurricane X or ATMs or the Internet. It’s never the insanity of raising taxes on people who we want to buy Maybachs or yachts or mansions. It’s never the stupidity of borrowing trillions of dollars or printing it with no monetary backing.
We truly live in Bizarro World.

smfic on December 6, 2012 at 9:40 AM

The election is over, so the BLS tomorrow will have less motivation to fudge the numbers or conveniently “forget” to leave out the figures from California.

Right Mover on December 6, 2012 at 9:41 AM

I just hope there are some learning points from all of this for the people.
Hard times are when you find out what kind of person you are. I think Americans have had it so good for so long that they have forgotten completely what hardship is all about.
But there is a huge amount of fat that can be trimmed from this fat lady before we even come close to hitting the real meat let alone finding bone, if there is any meat left from the lazy years.
Having more than 2 generations in a single home for one.
People using their back yards for gardens instead of flower beds for two.
Bartering with neighbors for three.
Wearing clothes more than once or twice for four.
Eating staples occasionally rather than luxury foods always for five.
Fewer trips to the stores to buy one or two items for six.
Time in a church pew for entertainment for seven.
Volunteered time in place of throwing money at the problem for eight.

astonerii on December 6, 2012 at 9:42 AM

Okay, so just where is the Obama recovery?

It’s been 4 long years, why hasn’t he worked his magic and his genius to pull us out of this mess?

Galt2009 on December 6, 2012 at 9:08 AM

Well it did take us so long to get into this mess, that it’s gonna take just as long to get out of it. Or at least that’s the asinine Democrat logic. So I guess we have to wait til 2016 before we can really start expecting results from Obama. And if we’re still stagnating at that point, he ain’t up for reelection anyway, so don’t expect him to hold himself accountable.

Doughboy on December 6, 2012 at 9:25 AM

It’s been the worst recovery since the last World War and the man who was alleged to be a genius by all means measurable (and immeasurable) has not done jack squat to fix things besides pivoting like a ballerina on jobs.

Not to mention his incessant call to raise taxes, screw the economy!

We need to start demanding of our resident White House magnificent mega intellect work his genius and pull the country out of its economic doldrums.

It’s likely that he can do that (at least that’s what the he and media tell us, and why would they Lie about such a thing?), but a case where he just hates the poor and the downtrodden and doesn’t want to help them.

Galt2009 on December 6, 2012 at 9:44 AM

Time in a church pew for entertainment for seven.

astonerii on December 6, 2012 at 9:42 AM

For entertainment, I’d rather go to a dentist.

Archivarix on December 6, 2012 at 9:45 AM

Why don’t the Dems just come out and confess to who they really are?

Galt2009 on December 6, 2012 at 9:13 AM

“Communism” is still a dirty word.

Steve Eggleston on December 6, 2012 at 9:39 AM

I’m sure the left would like us to just move on past the fact that the ideology of collectivism has led to the deaths of millions and subjected countless others to a lifetime of misery.

Most likely the leftists would say: “Can’t you right-wingers get past socialism’s millions of dead subjects and instead focus on the great things it’s done?”

Galt2009 on December 6, 2012 at 9:50 AM

For entertainment, I’d rather go to a dentist.

Archivarix on December 6, 2012 at 9:45 AM

Heh heh…

astonerii on December 6, 2012 at 9:52 AM

Galt2009 on December 6, 2012 at 9:50 AM

In two words, pretty much. A slightly-longer phrase – those who forget history are doomed to repeat it (though the Left won’t see it as doom).

Steve Eggleston on December 6, 2012 at 9:53 AM

Elections have consequences. This is what you elected again, moron liberals. Be prepared for what is to come.

Philly on December 6, 2012 at 9:56 AM

I believe – but can’t prove – that the numbers were gamed before the election to give the MSM favorable talking points. If someone has the proof, it’d be nice to see.

EdmundBurke247 on December 6, 2012 at 9:59 AM

I believe – but can’t prove – that the numbers were gamed before the election to give the MSM favorable talking points. If someone has the proof, it’d be nice to see.

EdmundBurke247 on December 6, 2012 at 9:59 AM

And then the election was gamed, too.

Right Mover on December 6, 2012 at 10:06 AM

It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy. It is also possible that lackluster holiday hiring is to blame.

So, we can ignore all the stories of businesses dropping people on November 7th, as soon as they knew Obama had been reelected? That couldn’t play into it at all, huh?

cptacek on December 6, 2012 at 10:06 AM

Most likely the leftists would say: “Can’t you right-wingers get past socialism’s millions of dead subjects and instead focus on the great things it’s done?”

Galt2009 on December 6, 2012 at 9:50 AM

It HAS done great things, you homophobe. For example the trains always ran on time, in fact Auschwitz had a perfect record of on-time arrivals.

Bishop on December 6, 2012 at 10:07 AM

Its’ curious (or rather corrupt) that when the employment rate dropped to 7.8 and the ‘informed’ were yelling from their soapboxes how the numbers were cooked to help re-elect Obama, many in the media smacked us down and told us the Labor Dept. were professionals and not political.

Then the ‘informed’ said the proof would be in the pudding. The only difference between the current jobs report and the past two is the fact that a BAD jobs report now won’t affect the election. The die are cast.

The numbers are showing their warts now. I despise this corrupt administration. Everyone from the Attorney General down to Hilda Solis is corrupt.

Bensonofben on December 6, 2012 at 10:22 AM

That pretty much nails the 7.0 number before the election as an outlier. Who would have thought?

desertdweller on December 6, 2012 at 10:31 AM

Its the Obama Gov. reporting the Number, It will be whatever politically suits Obama best

casey92 on December 6, 2012 at 10:32 AM

http://www.dailyjobcuts.com/

esnap on December 6, 2012 at 10:17 AM

That’s the site to check daily. They track layoffs, bankruptcies and closings. Today’s gem is the 18 medical regulators to be laid-off in IL. Read that and then consider the affect the ObamaScare/RobertsTax will have on doctors. The Dembeciles have started a vicious circle that will end in a black hole.

stukinIL4now on December 6, 2012 at 10:41 AM

I believe – but can’t prove – that the numbers were gamed before the election to give the MSM favorable talking points. If someone has the proof, it’d be nice to see.

EdmundBurke247 on December 6, 2012 at 9:59 AM

Gallup has been intimidated into changing it’s polling methods before, by 0′s DOJ.

Nothing new under the sun

iurockhead on December 6, 2012 at 10:48 AM

The whole thing is going to burn down, not if but when.This jobs report shows exactly what everyone expected. A large jump in the numbers. Being a not so world class psychic, here are my predictions for the new administration. Unemployment hits 9%, gas prices go up to abve $4 and stay there, everybody that works gets a huge tax increase, then Sir Earalot rides in on his white jackazz to show compassion on the middle class. The morons fall for the BS again and feei good because they are paying more, driving less but a saving the planet. Now that isn’t really hard, anybody who looks can see the signs, and “They ain’t good gang, sorry to say”

stormridercx4 on December 6, 2012 at 10:49 AM

I am shocked.
It is unexpected.
I am kidding.

Any bets on 9% by June ’13?

orangemtl on December 6, 2012 at 10:49 AM

I know what we’re going to hear and it sure as hell ain’t “Sandy”…it’s what we’ve been hearing for the past four years every time dirtbag-in-chief steps in front of a teleprompter.

Ryan Anthony on December 6, 2012 at 11:03 AM

“It is unclear what caused the increase in the unemployment rate in November…”

Duh. The election was over. They could go back to telling the truth.

Gearbox on December 6, 2012 at 11:09 AM

Duh. The election was over. They could go back to telling the truth.

Gearbox on December 6, 2012 at 11:09 AM

Close up the thread. (Actually, the truth would be reporting on the underemployed, part-timers and the no-longer-lookings, but these new numbers might be as close to the truth as we’re gonna get.)

Fallon on December 6, 2012 at 11:14 AM

He didn’t have enough space to put on his cardboard sign that he also voted for Obama?

What a putz.

kens on December 6, 2012 at 11:19 AM

Guy I Know got axed on November 2. He worked for a DFL-leaning business; they held off on cutting until the pre-election October unemployment numbers were banked.

Bruno Strozek on December 6, 2012 at 11:26 AM

Okay, so just where is the Obama recovery?

It’s been 4 long years, why hasn’t he worked his magic and his genius to pull us out of this mess?

Galt2009 on December 6, 2012 at 9:08 AM

he needs more money to work his magic ….
the Rich … mine and yours 401K … everyones pension ….
it is only fair ya know ….

conservative tarheel on December 6, 2012 at 11:48 AM

Over the next four years we’ll see President Obama complaining about the horrible economy he inherited from his predecessor.

Fun stuff.

DeathtotheSwiss on December 6, 2012 at 11:52 AM

OBAMACARE!

dirtengineer on December 6, 2012 at 11:52 AM

Gallup: Unemployment sharply risesQUITE EXPECTEDLY

We’re past the election.

Resist We Much on December 6, 2012 at 11:55 AM

Same policies (on hyper drive) that FDR used will result in the same results. FDR’s second term things really got bad, until war broke out.

If one uses the same techniques one should expect the same results. In this particular case, extreme poverty and war.

jukin3 on December 6, 2012 at 12:09 PM

while 23 percent of Republicans and “leaning republicans” said their image is positive.

Why don’t the Dems just come out and confess to who they really are?

Galt2009 on December 6, 2012 at 9:13 AM

And it is this same 23% that vote for the dims when they don’t like a conservative or leaning conservative candidate. Then the DICC’s go all crazy and blame either socons or tea partiers for taking down the GOP. I’m with TrueKing the GOP will betray you.

chemman on December 6, 2012 at 12:10 PM

FIFY

ChicagoBlues on December 6, 2012 at 9:28 AM

Nicely done.

Speaking of Greece have you guys seen the charts over at ZeroHedge today? WOW. Coming soon….

http://www.zerohedge.com/news/2012-12-06/charts-day-greek-unemployment-hits-escape-velocity

This will be us.

The Emperor Zero heads out soon for a twenty day vacation in Hawaii.

Am I correct, are there just 26 Days to taxageddon?

dogsoldier on December 6, 2012 at 12:10 PM

Huh. Just took a look at that graph, and look at the trendline from May 12 to now. If you take out the fake October numbers, the adjusted trend looks steady (steadily up), and the non-adjusted looks pretty flat.

cptacek on December 6, 2012 at 12:15 PM

In regards to the image that accompanies this article…too smart to fail?

Here in Canada there have been a flurry of articles about unemployment stats for university grads. It got hubby and I talking when we read the quote by one grad whose solution to his unemployability was to get MORE university training.

These super smarties figure that the fix to a problem of a diluted degree is to double down and spend more cash to get more of the the kind of education that are literally a dime a dozen. HVAC diploma recipients here start at three figures upon graduation. They are crying for nurses here.

Buddy and Sally the university grads would rather be a waiter with the ability to at least retain their snobbish bragging rights as members of the intellectual elites than get a bit of grease under their fingernails and pay for their own home.

One generation from now it will switch and the hard workers will once again run the show. For now it’s the whine babies without the most rudimentary life skill of self sustanance that are calling all the shots.

mojowt on December 6, 2012 at 12:56 PM

it is unclear what caused the increase in the unemployment rate in November

Reversion to the mean, the only thing standing out is the October number.

agmartin on December 6, 2012 at 1:55 PM

How about the most logical answer — Gallup lied to get Obama reelected?

Mdirmeie on December 6, 2012 at 3:43 PM

Gallup’s Unemployment Measures among Demographic Groups is eye-popping, if one compares it with the demographics of the election.

http://www.gallup.com/poll/159104/unadjusted-unemployment-shoots-back.aspx

% Unemployed Nov 2012

Men 6.6
Women 9.1

18 – 29 12
30 – 49 7.0
50 – 65 5.5

HS or less 11.4
Tech School 8.3
College grad 4.0

White 6.5
Black 12.4
Hispanic 10.6

What’s the definition of insanity again?

Tenwheeler on December 6, 2012 at 3:58 PM

It is unclear what caused the increase in the unemployment rate in November

LOL.

But at least the numbers were much better (than they have been for four years) when it really, really mattered for Comrade Chairman Obama’s reelection.

You cannot trust any number that comes out of this admin. I’m inclined to say you can no longer trust any significant government number — unemployment rates, inflation rates, GDP growth rates, etc.

For example, too much government entitlement and welfare spending is tied to inflation, by law. It cannot be permitted to go too much. Officially that is. Else already out of control government spending will go further out of control, and trillion-plus dollar deficits will become multi-trillion dollar deficits.

farsighted on December 6, 2012 at 6:34 PM

How about the most logical answer — Gallup lied to get Obama reelected?

Mdirmeie on December 6, 2012 at 3:43 PM

Yup, sure.

socalcon on December 6, 2012 at 6:51 PM

U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate.

Really? A Major MSM squeee was blasted last month with the drops of (seasonal adj) 0.7 and (unadj) 0.9 !!

The lapdogs will {yawn} bury this item on the November #’s.

socalcon on December 6, 2012 at 6:56 PM

Gallup: Unemployment sharply rises…QUITE EXPECTEDLY

We’re past the election.

Resist We Much on December 6, 2012 at 11:55 AM

Women are so smart, no wonder they (mostly) avoid careers in politics!

socalcon on December 6, 2012 at 6:58 PM

the storm shut down much of the east coast at one point or another (including shutting down the federal government for a couple of days)

knowing the mentaling of Govt workers, they likely scurried to the nearest Unemployment office to file a claim…

socalcon on December 6, 2012 at 7:03 PM

What’s the definition of insanity again?

Tenwheeler on December 6, 2012 at 3:58 PM

Voting to put the Obama back in office a second time?

nwsseeker on December 6, 2012 at 7:31 PM

…I HATE the MSM…and every person who voted for JugEars!…I tell them every chance I get..and yes!…some of them are friends and family!

KOOLAID2 on December 6, 2012 at 7:53 PM