NOV Fri, Dec 2: +178,000 jobs. Unemployment rate drops to 4.6%.NOV details here!.. Jobs since Obama took office?... Unemp. rate under Obama?

Monday, May 20, 2013

Private & Government Jobs Gained & Lost Under Obama (April 2013 update)


JUNE 2013 BLS Jobs Numbers and Unemployment Rate were released, Friday, July 5th.  Details and links HERE!!
How many jobs (total, private, and government) have been lost or gained since Obama was inaugurated?
  • 4,311,000 TOTAL jobs (in seasonally adjusted numbers) were LOST in from the time Obama took office until the "trough" of the recession in early 2010.  That's a decrease of 3.2%.    
  • 6,154,000 jobs (in seasonally adjusted numbers) were CREATED from the "trough" of the recession until now, April 2013.  That's an increase of 4.8%.
  • In total, 1,843,000  jobs (in seasonally adjusted numbers) were ADDED from the time Obama took office until now, April 2013.  That's an increase of 1.4%.
  • We have experienced 31 months WITHOUT job losses since September 2010.  We have ADDED 5,543,000 jobs during those 31 months. 
  • We now have 135,474,000 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.
    *  For the purposes of comparison, 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 (March 2005), there were only 329,000 MORE jobs than when he was inaugurated in January 2001 compared to 1,564,000 MORE for Obama.   (This will be updated for April 2013 in the next few days.)


    How many PRIVATE sector jobs have been lost or gained since Obama was inaugurated?
    • 4,198,000 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%.
    • 6,780,000 PRIVATE-sector jobs (in seasonally adjusted numbers) were GAINED OR CREATED from the "trough" of the recession until now, April 2013.  That's an increase of 6.3%.
    • In total, 2,582,000 private sector jobs (in seasonally adjusted numbers) have been GAINED from the time Obama took office until now, March 2013.  That's a net increase of 2.3%. *
    • We have experienced 38 months of positive private-sector job GROWTH from February 2010 until April 2013.  We have added 6,780,000 private-sector jobs during those 38 months.    
    • We now have 113,630,000  PRIVATE sector non-farm jobs.
    *As of March 2013,  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 (March 2005), there were still 576,000 FEWER private sector jobs than when he was inaugurated in January 2001 compared to 2,282,000 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.  (This will be updated for April in the next few days.)   



    How many GOVERNMENT jobs have been lost or gained since Obama was inaugurated?  (Government jobs include federal, state, and local government jobs.)
    • 113,000 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%  (about half of a percent). 
    • Another 626,000 GOVERNMENT jobs (in seasonally adjusted numbers) were LOST from the "trough" of the recession until now, April 2013.  That's a decrease of 2.7%.    
    • In total, 739,000 GOVERNMENT jobs (in seasonally adjusted numbers) were LOST from the time Obama took office until now, April 2013.  That's a decrease of 3.3%.  A large portion of these jobs, at least 350,000, have been lost in the "Local Government - Education" sector. (Teachers.)
    • We have experienced decreases in the number of government jobs in 26 out of the last 34 months, starting in June 2010, when the layoff of 2010 Census workers began.  We have experienced declines in the number of government jobs in the last 6 out of the last 7 months.     
    • We now have 21,844,000 GOVERNMENT 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 2013 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.)

    An afterthought---

    A reader asks:

    How Many Private Sector Jobs Were Lost Because of Obama?

    We haven't lost ANY private sector jobs (net) since February 2010, a year after Obama took office.  Between January 2009 and February 2010, we lost 4,198,000 private sector jobs as stated above.

    Should we "blame" Obama for not being immediately able to stem the tide of private sector job loss in 2009?  If a house is burning out of control and the fire department comes to put out the fire, it continues to burn until it is brought under control and cooled down, right?  Now.. would you blame the fire department for the continued fire and the time to put it out after the firefighters arrive on the scene?

    Well, you might, but I wouldn't:  Here's my reasoning:  Burning Down the House!

    So my answer to this question would be a big, fat ZERO.  I do NOT feel that Obama is to blame for any loss of jobs between January 2009 and February 2010.  If you think he is, please leave a comment and explain!

    1 comment:

    1. 2009 7.8 unemployment rate and now 7.3%...please help me out because from 2009 we also had 27 million on food stamps now over 50 million. You say hes not to blame for people losing jobs at the beginning but if it's getting better wouldn't people be removed from welfare? You know what the biggest change with our President is he has pushed a entitlement agenda...whether it's welfare or health care. The folks paying for it our the middle class. He's not the man for the job. He won't take responsibility for anything just has his minions take the blame...Benghazi, Irs, Obamacare, Failed Green Energy...It's time for people to step aside from parties and see the truth.

      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.