“Unemployment, as measured by Gallup without seasonal adjustment, fell to 9.4% at the end of April from 9.6% in mid-April and 9.9% at the end of March. Unemployment is now at its lowest level of 2011 and is lower than the 9.6% at the end of April last year.”
The percentage of part-time workers who want full-time work increased to 9.9% at the end of April — up from 9.6% in mid-April and 9.1% at the end of March. More U.S. workers are now working part time but seeking full-time work than was true a year ago (9.3%).
Broader Underemployment Still High in April
The decline in unemployment since late March was not enough to offset the increase in those working part time but wanting full-time work. As a result, the combined underemployment measure was 19.3% at the end of April — essentially the same as the 19.2% in mid-April and slightly higher than the 19.0% at the end of March. Underemployment is now higher than the 18.9% at the end of April a year ago.
Conclusion: Jobs Situation Not Much Different Than a Year Ago. Read here: Gallup – April