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Friday, July 8, 2011

How Many New Jobs Were Created or Gained Under Obama (June 2011)?


June 2012 unemployment rate and jobs numbers will be released Friday, July 6.  
Check back then!


Latest (May 2012) Updates (posted in June):

    The following numbers are for June 2011.  For more recent numbers, choose a link above.
     

    The total number of jobs DID increase in June 2011.  Despite the dismay and disappointment over the recent jobs report,  the total number of jobs in 2011 continued to go up.  Stay tuned for further analysis.

    How many jobs have been created by Obama since the "trough" of the recession in late 2009/early 2010 to now, June 2011?
    • In seasonally adjusted numbers, 1,815,000 jobs have been created since the "trough" of the recession in January 2010.
    • In raw unadjusted numbers, 4,820,000 jobs have been created since the "trough" of the recession in January 2010.


    How many more people reported they were working since the "trough" of the recession in late 2009/early 2010 to now, May 2011?
    • In seasonally adjusted numbers, 1,374,000 more people are working since the trough of the recession in December 2009.
    • In "raw" unadjusted numbers, 3,320,000 more people are working since the trough of the recession in January 2010.

    Molly's articles about employment and unemployment HERE!!.

    6 comments:

    1. And it only cost us tens of millions of jobs and what was left of our economy for him to fail at creating a reasonable number of jobs. Why doesn't he just go sign off on another bailout with no legislation and continue to spend over $3 trilliona year.. ah, theteflon president strikes again

      ReplyDelete
    2. Your comment makes absolutely no sense. We now have more jobs in real numbers (not seasonally adjusted)in this country than when Obama was inaugurated in January 2009. We still have to recreate the 4.4 million lost under Bush. And we still need jobs for the increase in the population over the past 4 years.
      I would suggest, sir or madame, that you get your nose out of Fox news and find the sources of any information that you post, either here or elsewhere.

      Thanks for dropping by anyway.

      ReplyDelete
    3. I'm looking for an actual number of the jobs Obama has killed. Like how many oil workers, how many from coal mines because they have to shut down form the new EPA.

      Do you count the 200,000 that Obama hired in the Government?

      ReplyDelete
    4. The statistics here are based strictly on Bureau of Labor Statistics numbers. The BLS looks at net numbers; in other words, some jobs go away, but others are created during the same period of time.

      But I will post two blog entries today, one about the changes in mining and and oil from January 2009 to June 2011, and one about the changes in government vs. private jobs.

      ReplyDelete
    5. Molly, you are comparing gross jobs created under Obama with net jobs under Bush. Try comparing the same net to net, and you'll find Obama has lost net jobs while there was net job creation under Bush. You are using Pelosi numbers, not real numbers.

      http://www.politifact.com/truth-o-meter/statements/2011/may/17/nancy-pelosi/nancy-pelosi-says-more-jobs-created-obamas-first-y/

      ReplyDelete
    6. Hi Anonymous.. Thanks for stopping by.

      I'm very clear about what I am comparing.

      In this entry, I'm comparing the number of jobs at the "trough" of the recession, the very lowest point in terms of jobs, with the number of jobs now. I provide that number in both seasonal and non-seasonally adjusted figures.

      In another blog entry, I provide numbers of jobs compared to what they were when Obama took office in January 2009.

      Job loss continued after Obama was inaugurated until late fall 2009 or early 2010, as would be expected considering how problematic the economy was in 2009.

      Did you really expect that jobs would immediately turn around from losses of hundreds of thousands of jobs a month as soon as Obama took office? That would be completely unrealistic. It's not surprising that it took almost a year for job loss to completely abate and for the US to start adding jobs.

      And, in terms of seasonally unadjusted numbers, that is, numbers of people actually going to a job and being on a payroll, we do have more people with a job now than we did when Obama took office, and that is a significant accomplishment.

      Again, thanks for your comment. If my reply wasn't clear enough, please write back.

      ReplyDelete

    I appreciate intelligent comments and questions, including those that are at odds with anything posted here. I have elected not to screen comments before they are published; however, any comments that are in any way insulting, caustic, or intentionally inflammatory will be deleted without notice. Spam will also be immediately deleted.