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Gallup: Unemployment Rising

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Earlier this month, government statistics from the BLS pegged unemployment at 8.3% and underemployment at 15.1% – trending down.  But Gallup is out with their latest survey results from mid February, and they paint a much different picture for the upcoming unemployment report.  Gallup found unemployment rising back to 9% and unemployment at 19% for February.  It will be interesting to see if the BLS reports a different trend next March.  If so, it makes you wonder why there is such a large discrepancy between the two surveys.

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Daniel Horowitz

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