U.S. unemployment, as measured by Gallup on a preliminary basis without seasonal adjustment, declined to 8.2% in mid-April from 8.4% in March. However, the government’s likely seasonal adjustment of 0.3 percentage points leads to a Gallup seasonally adjusted U.S. unemployment rate of 8.5% in mid-April, up from 8.1% last month.
Working Part Time but Wanting Full-Time Work Same as April 2011
The percentage of Americans working part time but looking for full-time work is 9.9% in mid-April, matching the reading of April 2011 and up slightly from 9.6% in March 2012, on an unadjusted basis.
Underemployment Unchanged
Gallup’s U.S. underemployment measure, which combines unemployed workers with those working part time but looking for full-time jobs, is 18.1% in mid-April, compared with 18.0% in March. The underemployment rate declined to as low as 18.0% last July but rose in August. It climbed to 19.1% in February before plunging last month.
Read More @ U.S. Unemployment Provides Mixed Picture in Mid-April.
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