Gallup — Unemployment Rising Again

Russ Steele

Remember the sudden drop in delivered gasoline in October, November and December, and my questions about the impact on the economy?

 According to Gallup unemployment is on the rise again.

The question is are these to graphics connected? Was the decline in fuel use connected to the increase in unemployment?  My guess is there is a connection and that rising fuel prices will on  make the problem worse.

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About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

2 Responses to Gallup — Unemployment Rising Again

  1. Sean says:

    Russ,

    Watch the months carefully. The two low points on the gas graph are Oct and Nov. 2011 when the unemployment rate was down. The latest data point on the unemployment graph is for mid February.

  2. Dena says:

    Note that the graph indicates “not seasonally adjusted” unlike the government number that are adjusted for everything. It shows the christmas workers knew they were going to lose there job after christmas so they were careful about their spending while they were working. No vacations or extra driving. I suspect many workers in other industries also suspected they were on the chopping block as well. Even the people at Solyndra knew their job was going to end in the near future. You look around the factory and if you have to many people not doing very much, you better start looking for another job because they are going to cut back or go broke.

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