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Sunday, December 18, 2011

Private and Government Jobs Lost or Gained Under Obama (November 2011 update)



How many jobs (total, private, and government) have been lost or gained since Obama was inaugurated?  
  • 4,303,000 jobs (in seasonally adjusted numbers) were LOST in TOTAL from the time Obama took office until the "trough" of the recession in early 2010.  That's a decrease of 3.2%. 
  • 2,462,000 jobs (in seasonally adjusted numbers) were CREATED from the "trough" of the recession until now, November 2011.  That's an increase of 1.9%.
  • In total, 1,841,000  jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until now, November 2011.  That's a decrease of 1.4%. 
  • We have experienced 14 months WITHOUT job losses since September 2010.  We have ADDED 1,864,000 jobs during those 13 months. 
How many PRIVATE sector jobs have been lost or gained since Obama was elected?
  • 4,189,000 private-sector jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until the "trough" of the recession in early 2010.  That's a decrease of 3.8%.
  • 2,947,000 private-sector jobs (in seasonally adjusted numbers) were GAINED OR CREATED from the "trough" of the recession until now, November, 2011.  That's an increase of 2.8%.
  • In total,1,242,000 private sector jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until now, November 2011.  That's a net decrease of 1.1%. 
  • We have experienced 21 months of positive private-sector job GROWTH from February 2010 until November 2011.  We have added 2,947,000 private-sector jobs during those 21 months.    

How many GOVERNMENT jobs have been lost or gained since Obama was elected?
  • 114,000 government jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until the "trough" of the recession in early 2010.  That's a decrease of  .5%  (half of a percent). 
  • 485,000 government jobs (in seasonally adjusted numbers) were LOST from the "trough" of the recession until now, November, 2011.  That's a decrease of 2.2%.
  • In total, 599,000 government jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until now, November 2011.  That's a decrease of 2.7%. 
  • We have experienced decreases in the number of government jobs in 12 out of the last 13 months, starting in October 2010, when the layoff of 2010 Census workers was complete.  
Notes:  Current numbers taken from the October Bureau of Labor Statistics Employment Situation Report.  Historical numbers taken from various archived Employment Situation reports as indexed HERE. Specifics will be provided upon request; please email me or leave a comment.

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