Gallup say unemployment is 10% … and post-election unemployment report will be ugly

Last month, BLS reported unemployment level at 9.6% when Gallup reported an whopping increase to 10.1%.

Hmmm.

Now, Gallup reports that in mid-October, unemployment is at 10.0%  — essentially the same as the 10.1% at the end of September but up sharply from 9.4% in mid-September and 9.3% at the end of August.

Gallup says: This mid-month measurement confirms the late September surge in joblessness that should be reflected in the government’s Nov. 5 unemployment report.

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http://www.gallup.com/poll/143714/Gallup-Finds-Unemployment-Mid-October.aspx

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