Created Sat 8th Nov 2008 3pm PST by
pixelpaws

What will the US Unemployment Rate be in December 2009?
Background: With the sudden spike in November 2008 to 6.5% unemployment, there's an increasing fear. Some analysts are saying 7%, but others are forecasting 8.5% and one estimate is a whopping 11.9%. So, when the unemployment report is released in December 2009, what number will that report have?
Settlement details:As reported by a major mainstream news source.
| 6.5% or below |
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| 6.6% to 7.0% |
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| 7.1% to 7.5% |
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| 7.6% to 8.0% |
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| 8.1% to 9.0% |
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| 9.1% to 10.0% |
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| 10.1% to 12.0% |
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| 12.1% to 14.0% |
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| 14.1% or higher |
|
Question suspends in 3 weeks
- Activity: H$186,210 |
- Predictions: 337 |
Comments: 2
Suspend date: Tue 1st Dec 11:59pm PST (3 weeks to go)
Initial likelihoods: 6.5% or below: 5%, 6.6% to 7.0%: 20%, 7.1% to 7.5%: 20%, 7.6% to 8.0%: 20%, 8.1% to 9.0%: 15%, 9.1% to 10.0%: 10%, 10.1% to 12.0%: 5%, 12.1% to 14.0%: 3%, 14.1% or higher: 2%
Action history:
Created Sat 8th Nov 2008 3pm PST by
pixelpaws
Suspend date: Tue 1st Dec 11:59pm PST (3 weeks to go) details
Predictions (337)
Comments (2)
Related News
This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
CNBC 25 weeks ago
Y/Y March -13.7 -13.2 +6.5 Retail sales Y/Y March -4.0 -2.4 +16.3 Unemployment (mln) Q1 7.11 5.29 5.31 Real disposable income Y/Y March -0.1 +1.6 +5.1 Real average wage Y/Y March -5.7 -2.4 +12.8
score: 10
Reuters 25 weeks ago
the economic conditions in all our markets are deteriorating with a substantial drop in industrial production and growing unemployment. We anticipate that these developments could have a negative impact on the telecom sector. Therefore, while defending
score: 10
Wall Street Journal Online 25 weeks ago
By Phil Izzo Rising unemployment rates are likely to pressure on an already beleaguered housing market. The from a year earlier to $169,000, the National Association of Realtors reported on Tuesday. The decline was
score: 10
Forbes.com 25 weeks ago
Y/Y March -13.7 -13.2 +6.5 Retail sales Y/Y March -4.0 -2.4 +16.3 Unemployment (mln) Q1 7.11 5.29 5.31 Real disposable income Y/Y March -0.1 +1.6 +5.1 Real average wage Y/Y March -5.7 -2.4 +12.8
score: 10
Forbes.com 25 weeks ago
percent. * Car production down 14.3 percent year-on-year. COMMENTARY: DAVID MAREK, CHIEF ECONOMIST, PATRIA FINANCE 'Inflation and unemployment both showed the same picture.' 'Higher unemployment and lower inflation are both connected to the recession and

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This does not count the underemployed (at 10% right now), or people who don't technically fall into the unemployed stat because they are no longer looking for work (4-5% now). So 12% technical unemployment would be about 27% real unemployment, which obviously is slightly more than 1 in 4. Scary shit.
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