U.S. unemployment, as measured by Gallup without seasonal adjustment, dropped to 8.0% in May, a new low since Gallup began measuring employment in 2010, and more than a full percentage-point decline from May 2011. Gallup’s seasonally adjusted number for May is 8.3%, down from 8.6% in April. However, that remains higher than the seasonally adjusted low of 7.9% recorded in January 2012.
Despite recent drops in unemployment reported by Gallup and the U.S. Bureau of Labor Statistics, the U.S. employment situation remains fragile.
Fragile…or, rocky as seen in the graph above where the numbers have been rising/falling since January 2012.
Tomorrow the U.S. government’s will publish its own unemployment numbers form the Bureau of Labor Statistics.
// Thx – Flap’s Blog
As we all get finished with our taxes so do the President and First Lady. It turns out that the Obama’s came in with a 20.5% tax rate on income of $789,674 (married filing jointly), including donations worth $172,130.
The bulk of that income came from presidential salaries, $394,821, and book sales, $441,369.
In 2010, their income was $1.7 million with the increase due to book sales, and in 2009, it was more than $5.5 million from book sales and Barack’s Nobel Peace Prize award money.
In comparison, Mitt Romney pulled in an estimated $20.9 million in 2011, and is paying a %15.3 tax rate on that. It seems that both our politicians are paying lower rates than average Americans.
Continue reading We all pay taxes – Barack & Michelle made $800k, donated $170k, & paid $160k in taxes