Friday, June 3, 2011

Gallup: U.S. Underemployment Rate Is Higher Than A Year Ago

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The U.S. underemployment rate remains stubbornly high.

The U.S. underemployment rate was 19.2% at the end of May 2011 compared to a 19.1% underemployment rate at the same time last year, according to a new Gallup employment report.

Gallup conducted telephone interviews throughout the month of May with more than 30,000 U.S. adults who were chosen through random-digit-dial sampling.

A full 46% of the underemployed Gallup surveyed last month said they were more hopeful they would find work within the next four weeks. Curiously, the very same number (46%) said the very same thing in May 2010. So no change there.

Click here to read graphs galore.

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