JULY:+255,000 jobs. Unemployment rate steady at 4.9%. JULY details here!.. Jobs since Obama took office?... Unemp. rate under Obama?

Friday, August 5, 2016

How Many Jobs Has Obama Created or Lost? (July 2016 update)

How many NET jobs created or lost under Obama* as of July 2016? How many private sector jobs have been lost or added during Obama's presidency?


How many new jobs in the last 7 1/2 years since Obama was inaugurated?  How many Americans were working or employed when Obama took office... compared to now?

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July 2016 numbers were released Friday morning, August 5th.  JULY reports and info HERE.
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Unemployment Rate When Obama Took Office

UNDER CONSTRUCTION!
CHECK BACK LATER!

Meanwhile, July 2016 jobs overview HERE.

July 2016 Unemployment Rate, Jobs

The July 2016 Jobs Report was released by the government's Bureau of Labor Statistics Friday morning, August 5.  A good, solid jobs report!    


The economy added 255,000 jobs, a large, strong number, which beat estimates of 170,000 to 180,000, and the unemployment rate was stable at 4.9%.

The number of unemployed people went down by 13,000 and 407,000 people joined the labor force.  Altogether, 420,000 more people started working in July, with 306,000 more people working full-time and 150,000 more people working part-time.

There are
217,000 more private sector jobs, and 38,000 more government jobs, the largest increase in the number of government jobs in over a year.

From the BLS report: 



Job gains occurred in professional and business services, health care, and financial activities. Employment in mining continued to trend down...
The change in total nonfarm payroll employment for May was revised from +11,000 to +24,000, and the change for June was revised from +287,000 to +292,000. With these revisions, employment gains in May and June combined were 18,000 more than previously reported. Over the past 3 months, job gains have averaged 190,000 per month. 

(For the record, 8 years ago, in July 2008, we lost 209,000 jobs as the country continued its slide into the worst recession in 80 years.)


More highlights and reports will continue to be posted here over the coming days and weeks.  Please check back!



Saturday, July 23, 2016

How Many Jobs Have Been Created in 2016 to date? (Updated for June)



Total Jobs Created/Lost In 2016 as of June 2016:

  • 1,029,000 payroll jobs have been ADDED in 2016 in seasonally adjusted numbers.
  • That's an additional 172,000 jobs per month in 2016.
  • 950,000 private payroll sector jobs have been ADDED in seasonally adjusted numbers.
  • That's an additional 158,000 private jobs per month in 2016.
  • 79,000 government sector (federal, state, and local) jobs have been ADDED in seasonally adjusted numbers so far in 2016. 
  • That's an addition of 13,000 government jobs per month in 2016.
  • 1,168,000 MORE people are employed.  ("Employed" numbers include people who are self-employed and people working in agriculture.  This number is reported by workers; the "jobs" numbers are reported by employers. )
  • That's an additional 195,000 people employed each month so far in 2016.
  • 983,000 MORE people are working full-time so far in 2016.
  • 86,000 MORE people are working part-time so far in 2016.
  • These are NET numbers, meaning they are the numbers of jobs ADDED after all jobs LOST are subtracted.  
  • Breakdown of the 93,000,000-94,000,000 "record number" of people "not working" HERE.  

Thursday, July 21, 2016

What was the unemployment rate when Obama took office and Bush left office? (Updated for June 2016)


What was the unemployment rate when Bush left office and Obama was inaugurated?  7.8% 

What was unemployment when Obama took office?  How many people were unemployed?  Read below


What was the unemployment rate after Obama's first full month in office (February 2009)?  8.3%

What was the unemployment rate at peak?  10.0%

What is today's (June 2016's) unemployment rate?   4.9%  

All Latest Jobs and Unemployment Reports HERE

How many people were looking for work when Obama was inaugurated; how many were working?  And how many people are looking for work and how many are employed now?


  • Read below the graph.

  • The following chart shows the unemployment rate in three month intervals plus month-by-month for the latest months:

     

Tuesday, July 19, 2016

How Many Jobs Has Obama Created or Lost? (June 2016 Update)

The following report is outdated.  It has been updated with current data HERE.


How many NET jobs created or lost under Obama* as of June 2016? 
How many private sector jobs have been lost or added during Obama's presidency?

How many new jobs in the last 7 1/2 years since Obama was inaugurated?  How many Americans were working or employed when Obama took office... compared to now?

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June 2016 numbers were released Friday morning, July 8th.  JUNE reports and info HERE.
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Monday, July 18, 2016

Full-Time Job Growth? Who has the better record? Democrats or Republicans? (Updated for July 2016)

Who do YOU trust to grow the number of jobs in this country?


CNN floated a poll in July which showed that Trump had an 8% advantage over Clinton when it came to the economy...  That 8% of the people out there actually thought that Trump would be better for the economy!!  What kind of idiocy is that? (And let's hope that number has changed over the past month.)  We were losing 800,000 jobs a month (net) when Obama took over!   



Now we have the highest number of job openings EVER and the lowest number of people filing for initial unemployment benefits in 40 (FORTY) years!

But people trust Trump and the Republicans on the economy? Here's a quick simple graph:  If you care about full-time job growth, you can easily see which party has the best record (as a percent) of growth in full-time jobs over the last 50 years.  Look at this chart and then answer that question at the top again:  Who do you trust to grow the number of full-time jobs in this country?







(10.4% means that we have 10.4% MORE full-time workers out there than we did in January 2013, when Obama's second term began.)

Share widely, especially with your Republican-leaning friends. The propaganda is absurd.  And don't allow any Republicans and Trump fans you come across to talk about "economic stagnation" and "no recovery".  That's just plain stupid.  (You may have to click on the graph to get a good look at it.)