Category ►►► Labor Pains
August 21, 2013
Employment Embolisms
This will be interesting to watch. Gallup, which tracks unemployment by periodically polling about 30,000 respondents, just caught a great leap backwards: Unemployment jumped from 7.7% on July 21st to (deep breath) 8.9% today.
That's got to hurt.
Typically, they match pretty well with the Labor Department's own unemployment figures. For example, at the end of July, Labor had 7.4% unemployed, while Gallup had 7.8%.
The even more interesting question is how much of this big increase in unemployment is due to Obamacare, with so many companies shedding jobs due to skyrocketing health-care costs, and due to dropping worker hours below the critical thirty per week, to avoid having to offer employees health insurance.
That's got to hurt double!
There are three distinct possibilities going forward:
- The Obamunist numbers come in wildly better than the Gallup numbers, creating an extraordinary gap that has almost never been seen before; the gap is dismissed by Presidential Prevaricator Jay Carney as a "phony scandal."
- After top executives of the Gallup organization are summoned to la Casa Blanca, Gallup issues revised results that perfectly match the Obama numbers. Barack "Forward to the Past" Obama blames the Koch brothers for the obvious sabotage.
The Obama administration admits a huge jump in unemployment and underemployment, proving their economic plan is in ruins...
As I said, there are two distinct possibilities going forward...!
Hatched by Dafydd on this day, August 21, 2013, at the time of 6:06 PM | Comments (1)
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