U.S. Unemployment Pointed Toward New Low — Gallup

24/7 Wall St.

The most recent Gallup unemployment survey reported that the unadjusted U.S. unemployment rate in mid-September fell from 8.1% in August to 7.9%. The polling firm’s seasonally adjusted rate remained flat at 8.1%.

If the mid-month rate holds, it would mark the lowest reading since Gallup began collecting this data in January 2010. In September 2011, the unadjusted unemployment rate was 8.6%.

The percentage of Americans working part-time but continuing to seek full-time employment fell from 9% in August to 8.6% in September. That’s down from 9.7% at this time last year and the lowest level since November 2010, when the number was 8.4%.

The number of underemployed Americans also fell, from 17.1% in August to 16.6% in mid-September. That is significantly lower than the 18.3% reading in September 2011 and the lowest level since January 2010.

Gallup suggests that the uptick in employment is due to the seasonal impact of…

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