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Title: Nearly 20% of US Workers Underemployed in Jan
Source: [None]
URL Source: http://www.cnbc.com/id/35535193
Published: Feb 23, 2010
Author: CNBC
Post Date: 2010-02-23 08:48:06 by dont eat that
Keywords: None
Views: 543
Comments: 2

Nearly 20 percent of the U.S. workforce lacked adequate employment in January and struggled to make ends meet with reduced resources and bleak job prospects, according to a Gallup poll released Tuesday.

In findings that appear to paint a darker employment picture than official U.S. data, Gallup estimated that about 30 million Americans are underemployed, meaning either jobless or able to find only part-time work.

Underemployed people spent 36 percent less on household purchases than their fully employed neighbors in January, while six out of 10 were not hopeful about their chances of finding adequate work in the coming month, the poll said.

Gallup surveyed more than 20,000 U.S. adults from Jan. 2 to 31. The results have a 1 percentage point margin of error.

The poll comes at a time when voter anger over the slow economic recovery is running high and President Barack Obama's hopes of boosting employment through government programs have been frustrated by partisan rancor in Congress.

The U.S. unemployment rate fell to 9.7 percent in January but remains near record highs.

Gallup found that underemployed Americans were more likely to have a favorable view of Obama, with 55 percent approving of his performance as president against 49 percent of the public.

The poll's estimate of U.S. underemployment is higher than official statistics. The Labor Department says 16.5 percent of American workers were without employment or worked part-time for economic reasons in January against Gallup's 19.9 percent.

A Labor Department official said the government rate may be lower because it factors out temporary seasonal changes in employment to better reflect the underlying economy.

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#1. To: All (#0)

Gallup found that underemployed Americans were more likely to have a favorable view of Obama, with 55 percent approving of his performance as president against 49 percent of the public.

I be not habbin me no job but I be likin Obama cauz he be black too.

dont eat that  posted on  2010-02-23   8:49:15 ET  Reply   Untrace   Trace   Private Reply  


#2. To: dont eat that (#1)

I be not habbin me no job but I be likin Obama cauz he be black too.

You really do a great job of representing why the coal industry is what it is...

war  posted on  2010-02-23   10:04:25 ET  Reply   Untrace   Trace   Private Reply  


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