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7.8%

Unemployment Steady at 7.8%

January 4, 2013

Unemployment remained at 7.8% in December along with the U6 figure, which also stayed put at 14.4%.  I find it interesting that November’s number was initially 7.7%, but got revised up to 7.8%.  Funny how that happened with relative quiet. Although we added 155,000 jobs last month, we need 250,000 to keep pace with population [...]

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Surprise! Unemployment Drops to 7.8%

October 5, 2012

This morning the Bureau of Labor Statistics released their numbers showing a drop in the unemployment rate to 7.8% for the month of September.  The U6 figure, however stayed put at 14.7%.  Given the data that BLS released, many are shocked by the numbers.  Some say that they don’t make sense, while some go further [...]

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