AUG#: +130,000 jobs.

Unemployment up at 3.7%...AUG jobs under Trump HERE

Saturday, May 5, 2012

Private & Government Jobs Gained & Lost Under Obama (April 2012)



MAY 2013 BLS Jobs Numbers and Unemployment Rate Were Released Friday, June 7th.  Check HERE for detail.

All jobs numbers & reports  (2013, 2012, and all 2011 Updates) indexed HERE!!



Private & Government Jobs Gained & Lost Under Obama (November update)




The following numbers are as of April 2012.  For latest numbers, please click one of the above links.


How many jobs (total, private, and government) have been lost or gained since Obama was inaugurated?  
  • 4,317,000 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%. 
  • 3,745,000 jobs (in seasonally adjusted numbers) were CREATED from the "trough" of the recession until now, April 2012.  That's an increase of 2.90%.
  • In total, 572,000  jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until now, April 2012.  That's a decrease of 0.43%. *
  • We have experienced 19 months WITHOUT job losses since September 2010.  We have ADDED 3,104,000 jobs during those 19 months. 
  • We now have 132,989,000 TOTAL non-farm jobs.  

*  These are all net figures, meaning that they represent the total number of jobs at the end of a reporting period.  All losses have been subtracted from all gains and vice verse.
    *  Though, as of April 2012, we still have fewer jobs (in adjusted numbers) than when President Obama took office, jobs are being added at a faster clip under Obama than under George Bush at the same time in his presidency.  At this point in Bush's presidency (April 2004), there were still 1,415,000 fewer jobs than when he was inaugurated in January 2001 (compared to 572,000 fewer for Obama).  The number of jobs didn't eclipse the number when Bush was first inaugurated until February 2005, in Bush's second term.      



    How many PRIVATE sector jobs have been lost or gained since Obama was inaugurated?
    • 4,213,000 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%.
    • 4,248,000 private-sector jobs (in seasonally adjusted numbers) were GAINED OR CREATED from the "trough" of the recession until now, April 2012.  That's an increase of 3.98%.
    • In total, 35,000 private sector jobs (in seasonally adjusted numbers) have been GAINED from the time Obama took office until now, April 2012.  That's a net increase of 0.03%. *
    • We have experienced 26 months of positive private-sector job GROWTH from February 2010 until April 2012.  We have added 4,248,000 private-sector jobs during those 26 months.    
    • We now have 111,020,000 PRIVATE sector non-farm jobs.

    *Though, as of April 2012, we still have fewer private-sector jobs (in adjusted numbers) than when President Obama took office, jobs are being added at a faster clip under Obama than under George Bush at the same time in his presidency.  At this point in Bush's presidency (April 2004), there were still 2,194,000 fewer private sector jobs than when he was inaugurated in January 2001 (compared to 35,000 MORE for Obama).  The number of private-sector jobs didn't eclipse the number when Bush was first inaugurated until June 2005, in Bush's second term.    
    How many GOVERNMENT jobs have been lost or gained since Obama was inaugurated?
    • 102,000 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  .47%  (about half of a percent). 
    • Another 505,000 government jobs (in seasonally adjusted numbers) were LOST from the "trough" of the recession until now, April 2012.  That's a decrease of 2.25%.
    • In total, 607,000 government jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until now, April 2012.  That's a decrease of 2.69%. 
    • We have experienced decreases in the number of government jobs in 20 out of the last 23 months, starting in June 2010, when the layoff of 2010 Census workers began.  
    • We now have 21,969,000 GOVERNMENT non-farm jobs, not including people in the military.  (Civilians employed by the U.S. and working for the military are counted.)
    (Note:  Current numbers taken from the April 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.)

    14 comments:

    1. Thanks for being straight forward and reporting the numbers. It's been eye opening.

      ReplyDelete
    2. First of all, the source you are using is obama controlled. Second, you don't take into consideration the number of people who have given up looking for work or the number of people who had to take massive pay cuts to find work.
      our govt is bloated, to the point of busting at the seams! Numbers can be manipulated, and are being manipulated, to work in favor of whomever it wants to support. Such as leaving out those no longer collecting unemployment because it made the numbers much worse. See, Congressional Budget Office's we site for better details.
      Considering the number of NEW govt positions and departments, I do not believe govt is smaller today than in 2008. The numbers ou use of "cutting back" are govt census workers, a temporary position that has been counted as full term permanent position. That's thousands of employees. See http://www.washingtontimes.com/news/2010/feb/02/burgeoning-federal-payroll-signals-return-of-big-g/?page=all for more information on that subject.
      Repeating bogus numbers does not create fact! Everyone must ask more and dig deeper to stop this insanity of lies and being mislead with half facts.

      ReplyDelete
    3. Henry H, you are quite welcome! I'm more than happy to debunk or explain any numbers you find here or elsewhere.

      ReplyDelete
    4. Sorry, anonymous, I need to reply to you.. I'll try to remember to get back to your comment tomorrow.

      ReplyDelete
    5. No reply to anonymous in almost a month. MM is your silence an admission?

      ReplyDelete
    6. Thanks... I knew I had promised to get back to a comment, but I couldn't remember which one. I didn't think it was a post that was a couple of months old.

      ReplyDelete
    7. I'll take things one at a time:

      "First of all, the source you are using is obama controlled"

      Anonymous, what source would you use? There is no other official source for jobs and unemployment info.

      There are two other private organizations that report jobs and unemployment information: ADP reports gains/losses of private jobs; and Gallup. ADP actually shows MORE jobs created lately than the BLS. And Gallup moves pretty much in concert with the BLS numbers, though it isn't as smooth in terms of seasonal adjustments.

      I will post my charts which show the Gallup vs. BLS unemployment numbers and the ADP vs. BLS jobs numbers.

      I've asked this to people all over the place, and I rarely get an answer: Who would you count as unemployed? How would you count them and have the data on a timely (within a month) basis?

      ReplyDelete
    8. And the person posting here obviously does not know a thing about unemployment stats. People who are looking for work, whether or not they are collecting unemployment or have EVER collected unemployment are counted as unemployed. You can be unemployed for 2 years, 4 years, 6 years, as long as you have actively looked for work in the past month.

      Weekly Claims.. Includes percentage of unemployed people collecting unemployment benefits.

      and

      How the Unemployment Rate is Calculated

      ReplyDelete
    9. The "jobs" numbers from the establishment survey do not distinguish between full and part-time positions, nor do they distinguish between temporary and permanent positions. The Establishment survey reports people on payroll as of the week containing the 12th day of the month.

      The bulk of the Census workers were hired in April 2010, and most of them were released in June 2010. They were all gone in September 2010.

      You can see the spike in the May 2010 government jobs numbers, and you can see the decline in June through September. I will publish more about that as well, but not as a comment.

      ReplyDelete
    10. And, Anonymous, the only one around here full of lies is YOU. And I would suggest that you find some new sources of information.. or take off the tinfoil hat. You know very, very little and I have no need to tolerate fools on my blog.

      ReplyDelete
    11. This is extremely inaccurate. Check your facts please. http://reflectionsofarationalrepublican.com/2012/08/03/bush-vs-obama-unemployment-july-2012-jobs-data/

      ReplyDelete
      Replies
      1. What in particular is "extremely inaccurate"? I looked at Sean's post and I don't see any differences, though I see differences in interpretation. We both use BLS data.

        So.. please do tell me exactly what you find "extremely inaccurate".

        You do realize that this post is based on April data and the Sean's post that you linked to is based on July data?

        Delete
    12. Appreciation tο my fаther ωhο stateԁ
      to me οn the topіc of this ωebpage, this website is genuinely
      rеmarkable.
      My webpage: Shark navigator reviews

      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.