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With Friday's employment report, that brings the grand total to 8,944,000 private sector jobs added to the economy during the Obama era

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boards of FL

boards of FL

Private sector jobs January 2009: 111,398,000
Private sector jobs September 2015: 120,342,000

If we compare job creation performance of the last two democratic presidents versus that last two republican presidents, the results are fairly lopsided:

Private sector jobs created under Bush I: 1,510,000

Private sector jobs created under Bush II: (463,000)

Total jobs created under last two republican presidents: 1,047,000


Private sector jobs created under Clinton: 20,957,000

Private sector jobs created under Obama: 8,944,000

Total jobs created under last two democratic presidents: 29,901,000


For those keeping score at home, democrats are currently up 29,901,000 to 1,047,000.  Over 28 times more private sector jobs have been created under the last two democratic presidents than under the last two republican presidents.

Just thought some on this forum may need a little context with their employment situation reports.


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How many working age citizens have dropped out of the workforce during the obama administration?

boards of FL

boards of FL

PkrBum wrote:How many working age citizens have dropped out of the workforce during the obama administration?


Working age? I don't know. Feel free to add that.


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TEOTWAWKI

TEOTWAWKI

With Friday's employment report, that brings the grand total to 8,944,000 private sector jobs added to the economy during the Obama era Map4-small

What's with all the minus signs ?



boards of FL

boards of FL

TEOTWAWKI wrote:With Friday's employment report, that brings the grand total to 8,944,000 private sector jobs added to the economy during the Obama era Map4-small

What's with all the minus signs ?






The minus signs are there for two reasons: 1) The time period highlighted begins prior to the job-loss of the Great Recession and 2) ends in 2012.

Let me know if you need help reading anything else.


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TEOTWAWKI

TEOTWAWKI

http://www.bls.gov/news.release/empsit.nr0.htm

Oh so now people have part time low benefit jobs that they count as employment...yeah typical smoke and mirror BS of this administration. Your whole thought process is marginally attached to reality.

The number of persons unemployed for less than 5 weeks increased by 268,000 to
2.4 million in September, partially offsetting a decline in August. The number
of long-term unemployed (those jobless for 27 weeks or more) was little changed
at 2.1 million in September and accounted for 26.6 percent of the unemployed.
(See table A-12.)

The civilian labor force participation rate declined to 62.4 percent in September;
the rate had been 62.6 percent for the prior 3 months. The employment-population
ratio edged down to 59.2 percent in September, after showing little movement for
the first 8 months of the year. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) declined by 447,000 to 6.0 million in September.
These individuals, who would have preferred full-time employment, were working part
time because their hours had been cut back or because they were unable to find a
full-time job. Over the past 12 months, the number of persons employed part time
for economic reasons declined by 1.0 million. (See table A-8.)

In September, 1.9 million persons were marginally attached to the labor force, down
by 305,000 from a year earlier. (The data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work, and
had looked for a job sometime in the prior 12 months. They were not counted as
unemployed
because they had not searched for work in the 4 weeks preceding the
survey.
(See table A-16.)

Among the marginally attached, there were 635,000 discouraged workers in September,
little changed from a year earlier. (The data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they believe
no jobs are available for them. The remaining 1.3 million persons marginally
attached to the labor force in September had not searched for work for reasons
such as school attendance or family responsibilities. (See table A-16.)

Hospital Bob

Hospital Bob

A now famous quote by Mark Twain applies to this.
At least Twain is the one most attribute the quote to.  Some attribute it's actual origin to either Henry Labouchère, Abram S. Hewitt, or Holloway H. Frost.


With Friday's employment report, that brings the grand total to 8,944,000 private sector jobs added to the economy during the Obama era Twain10

Markle

Markle

boards of FL wrote:Private sector jobs January 2009: 111,398,000
Private sector jobs September 2015: 120,342,000

If we compare job creation performance of the last two democratic presidents versus that last two republican presidents, the results are fairly lopsided:

Private sector jobs created under Bush I: 1,510,000

Private sector jobs created under Bush II: (463,000)

Total jobs created under last two republican presidents: 1,047,000


Private sector jobs created under Clinton: 20,957,000

Private sector jobs created under Obama: 8,944,000

Total jobs created under last two democratic presidents: 29,901,000


For those keeping score at home, democrats are currently up 29,901,000 to 1,047,000.  Over 28 times more private sector jobs have been created under the last two democratic presidents than under the last two republican presidents.

Just thought some on this forum may need a little context with their employment situation reports.

Would you please post the number of jobs created through 6 and a half years of the Bush II administration? You know, to be FAIR AND BALANCED.

Floridatexan

Floridatexan

Markle wrote:
boards of FL wrote:Private sector jobs January 2009: 111,398,000
Private sector jobs September 2015: 120,342,000

If we compare job creation performance of the last two democratic presidents versus that last two republican presidents, the results are fairly lopsided:

Private sector jobs created under Bush I: 1,510,000

Private sector jobs created under Bush II: (463,000)

Total jobs created under last two republican presidents: 1,047,000


Private sector jobs created under Clinton: 20,957,000

Private sector jobs created under Obama: 8,944,000

Total jobs created under last two democratic presidents: 29,901,000


For those keeping score at home, democrats are currently up 29,901,000 to 1,047,000.  Over 28 times more private sector jobs have been created under the last two democratic presidents than under the last two republican presidents.

Just thought some on this forum may need a little context with their employment situation reports.

Would you please post the number of jobs created through 6 and a half years of the Bush II administration?  You know, to be FAIR AND BALANCED.

As you well know, or should, the Bush administration had a net job loss. By every major economic marker, Bush was a failure...or, as has to be considered, a success at destroying the USA. Take your pick.

Markle

Markle

Floridatexan wrote:
Markle wrote:
boards of FL wrote:Private sector jobs January 2009: 111,398,000
Private sector jobs September 2015: 120,342,000

If we compare job creation performance of the last two democratic presidents versus that last two republican presidents, the results are fairly lopsided:

Private sector jobs created under Bush I: 1,510,000

Private sector jobs created under Bush II: (463,000)

Total jobs created under last two republican presidents: 1,047,000


Private sector jobs created under Clinton: 20,957,000

Private sector jobs created under Obama: 8,944,000

Total jobs created under last two democratic presidents: 29,901,000


For those keeping score at home, democrats are currently up 29,901,000 to 1,047,000.  Over 28 times more private sector jobs have been created under the last two democratic presidents than under the last two republican presidents.

Just thought some on this forum may need a little context with their employment situation reports.

Would you please post the number of jobs created through 6 and a half years of the Bush II administration?  You know, to be FAIR AND BALANCED.

As you well know, or should, the Bush administration had a net job loss.  By every major economic marker, Bush was a failure...or, as has to be considered, a success at destroying the USA.  Take your pick.  

Please share with us the number of jobs created through six years and 9 months of the President Bush administration.

If you refuse, then you're not being FAIR AND BALANCED are you?

boards of FL

boards of FL

Markle wrote:
Floridatexan wrote:
Markle wrote:
boards of FL wrote:Private sector jobs January 2009: 111,398,000
Private sector jobs September 2015: 120,342,000

If we compare job creation performance of the last two democratic presidents versus that last two republican presidents, the results are fairly lopsided:

Private sector jobs created under Bush I: 1,510,000

Private sector jobs created under Bush II: (463,000)

Total jobs created under last two republican presidents: 1,047,000


Private sector jobs created under Clinton: 20,957,000

Private sector jobs created under Obama: 8,944,000

Total jobs created under last two democratic presidents: 29,901,000


For those keeping score at home, democrats are currently up 29,901,000 to 1,047,000.  Over 28 times more private sector jobs have been created under the last two democratic presidents than under the last two republican presidents.

Just thought some on this forum may need a little context with their employment situation reports.

Would you please post the number of jobs created through 6 and a half years of the Bush II administration?  You know, to be FAIR AND BALANCED.

As you well know, or should, the Bush administration had a net job loss.  By every major economic marker, Bush was a failure...or, as has to be considered, a success at destroying the USA.  Take your pick.  

Please share with us the number of jobs created through six years and 9 months of the President Bush administration.

If you refuse, then you're not being FAIR AND BALANCED are you?



If we cherry pick the data and entirely eliminate the great recession from Bush's numbers, we see that 3,913,000 private sector jobs were added to the economy through September 2007 into the Bush administration.  If we combine that with the 1.5 million jobs added during Bush I, the combined number of 5.5 million in jobs is still dwarfed by the nearly 30 million jobs added under Clinton and Obama.   In fact, Obama alone dwarfs that number and we're not even finished with the Obama era yet.

So to conclude, even if we try to distort these numbers in order to help the Bush's, their numbers are still dwarfed and incredibly low.


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TEOTWAWKI

TEOTWAWKI

What Obama calls "jobs" I would call after school work for high schoolers.

Markle

Markle

Some here refuse to acknowledge why those who have quit looking for a job, even though they are able and qualified, makes a difference to our economy.

Are they pretending they don't know or do they REALLY not know.

Real Unemployment Rate Formula Using Current Statistics

In September 2015, the real unemployment rate (U-6) was 10.0%, nearly double the widely-reported unemployment rate (U-3) of 5.1%.
Here's how to calculate both:

Step 1. Calculate the official unemployment rate:

U-3 = 7.915 million unemployed workers / 156.715 million in the labor force = 5.1%.

Step 2. Add in marginally attached workers: There were 1.921 million people who were marginally attached to the labor force. Add this to both the number of unemployed and the labor force.

U-5 = 9.836 million / 158.636 million = 6.2%.

Step 3. Add in part-time workers: There were 6.036 million people who were working part-time because they couldn't get full-time work, although they'd prefer it. Add them to the unemployed, they're already in the labor force.

U-6 = 15.872 million / 158.636 million = 10.0%.
(Source: BLS, Table A-15)

http://useconomy.about.com/od/suppl1/f/real_unemployment_rate.htm

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