Thursday, March 8, 2012

Gallup: Unemployment Jumps 0.5 Percent in February


Gallup calculates that unemployment rose by 0.5 percent during the month of February, the largest month-to-month increase since December 2010.
U.S. unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1% in February from 8.6% in January and 8.5% in December.
The 0.5-percentage-point increase in February compared with January is the largest such month-to-month change Gallup has recorded in its not-seasonally adjusted measure since December 2010, when the rate rose 0.8 points to 9.6% from 8.8% in November. A year ago, Gallup recorded a February increase of 0.4 percentage points, to 10.3% from 9.9% in January 2011.

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