There is Nothing Beneath the Media

It seems the press and media will do anything to get ratings, no matter how inane. You would think the Miley Cyrus nonsense would be over and done with. Instead all the networks are falling all over themselves to have her stupid face our tv screens. They would argue that you can change the channel if you don’t like it. The problem is this filth is all over the media.You can’t escape it. We have no choice. It’s like the fast food restaurant on every corner. The consequence: we have a diabetes epidemic in our society. The media is doing the same thing with our minds.


Unemployment Rises to 8.7% in August

Unemployment Rises to 8.7% in August

Gallup’s unadjusted unemployment rate for the U.S. workforce was 8.7% in August, up from 7.8% in July and from 8.1% in August 2012. Similar to P2P, unemployment fluctuates seasonally, and the year-over-year change is the most informative comparison. The uptick in unemployment this August compared with August of last year is the first year-over-year increase since Gallup was able to begin tracking yearly changes in 2011.

The increase is partly due to the decline in the size of the workforce. Because the unemployment rate is based on the size of the workforce, if people drop out of the workforce but the number of unemployed remains relatively flat, the unemployment rate will actually increase, even though the same number of people are unemployed. This is at least partly responsible for the increase in August’s rate, though some of the jump is a true increase. When looking at the population as a whole, in August 5.8% of the population was unemployed, compared with 5.3% in July and 5.5% August 2012.

Gallup’s seasonally adjusted U.S. unemployment rate for August was 8.6%, up from 7.4% in July. Gallup calculates this rate by applying the adjustment factor the government used for the same month in the previous year. Last year, the government adjusted August’s rate down by 0.1 points, but adjusted July’s down by 0.4 points, which partly accounts for the increase in seasonally adjusted unemployment.