Gallup collects a rolling survey of unemployment. Unfortunately the series is not very old and there is no seasonal adjustment. One strategy to handle that would be to apply the BLS seasonal adjustment to the Gallup data. However, the methodologies are different enough to make this questionable.

Another, way to at least get some handle on what’s happening is to look at the year-over-year change in the unemployment measure. This should give us some sense as to whether things are getting better or worse.


What this seems to suggest is that the pace of recovery slowed dramatically in the early part of this year and was stalled through-out the summer. Yet, in the last few months it has picked up again and is running at roughly the rate it was in early 2011.