U.S. Unadjusted Unemployment Rate at 8.1% in August
Seasonally adjusted unemployment increases slightly to 8.1%
by Jenny Marlar
WASHINGTON, D.C. -- U.S. unemployment, as measured by Gallup without seasonal adjustment, is 8.1% for the month of August, down slightly from 8.3% measured in mid-August and 8.2% for the month of July. Gallup's seasonally adjusted unemployment rate for August is also 8.1%, a slight uptick from 8.0% at the end of July
These results are based on Gallup Daily tracking interviews, conducted by landline and cell phone, with more than 30,000 Americans throughout the month. Gallup calculates a seasonally adjusted unemployment rate by applying the adjustment factor the government used for the same month in the previous year. The government adjusted its July numbers downward last year, but made no adjustment in August, which accounts for the increase in seasonally adjusted unemployment despite the decline in the unadjusted number
U.S. unemployment declined significantly during the first part of the year, but August marks the third straight month with little change in the unadjusted number. Gallup's estimate of adjusted unemployment has increased by 0.3 percentage points since June. Despite the lackluster jobs growth, August's 2012 unadjusted and adjusted unemployment are each more than a full point lower than they were in August 2011.
Underemployment, as measured without seasonal adjustment, was 17.1% in August, unchanged from the end of July but significantly improved from 18.5% a year ago. Gallup's U.S.
underemployment measure combines the percentage who are unemployed with the percentage of those working part time but looking for full-time work. Gallup does not apply a seasonal adjustment to underemployment. Demographic breakouts of Gallup's U.S. unemployment and underemployment numbers for August are found on page 2.
http://www.gallup.com/poll/157289/un...te-august.aspx