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Friday, January 6, 2012

How Many Jobs Were Created in 2011? (Final)


All Latest Jobs reports and updates (2011 through 2014 HERE!

The following numbers have been revised
.


How many jobs were created in all of 2011, from December 2010 to December 2011? 
  2,103,000*  (The original number was 1,640,000)

How many private-sector jobs have been created in 2011?   1,920,000

Have jobs been lost in 2011?  NO.  I'll repeat that:  NO jobs have been lost (net) in 2011.          

  • In seasonally adjusted numbers, 1,640,000 jobs have been created in 2011.  That's 137,000 jobs created per month in 2011.
  • In "raw" unadjusted numbers, 1,671,000 jobs have been created in 2011.  That's 139,000 jobs created per month in 2011.
  • In terms of total jobs and private-sector jobs, we have ONLY JOB GAINS in 2011.  
How many private-sector jobs were created in all of 2011, from December 2010 to December 2011?  Have private-sector jobs been created or  lost in 2011?

  • In seasonally adjusted numbers, 1,920,000 private-sector jobs have been created in 2011.  That's 160,000 new private-sector jobs per month in 2011 as of December 2011.
  • In "raw" unadjusted numbers, 1,932,000 private-sector jobs have been gained or created in 2011.  That's 161,000 new private-sector jobs per month as of December 2011.

How many government jobs were created in all of 2011, from December 2010 to December 2011?  Have government jobs been created or lost in  2011?
  • In seasonally adjusted numbers, 280,000 government jobs have been  LOST in 2011.  That's  23,000 government jobs lost per month in 2011.
  • In "raw" unadjusted numbers, 261,000 government jobs have been LOST in 2011.  That's 22,000 government jobs lost per month in 2011.
How many more people are working in all of 2011, from December 2010 to December 2011?
  • In seasonally adjusted numbers, 1,570,000 MORE people are working now vs. December of 2010.  That's 131,000 new workers per each month of 2011.
  • In "raw" unadjusted numbers, 1,522,000 MORE people are working now vs. December 2010.  That's 127,000 new workers per each month of 2011.
 Have jobs or workers been lost in 2011? 
  • In 2011, we have had only net gains in private sector jobs and in all measures of workers.  
  • We have had fairly substantial losses in the number of government jobs since December 2010.    
  • To reiterate, in terms of private jobs, we have ONLY JOB GAINS in 2011.  

How many jobs were created over the past three months from September 2011 to December 2011?
  • In seasonally adjusted numbers, 412,0000 jobs have been CREATED in the last three months.  That's 137,000 MORE jobs a month.
  • In "raw" unadjusted numbers,  975,000 jobs have been CREATED in the last three months.   That's an increase of 81,000 jobs a month.   

How many jobs have been created since the "trough" of the recession in late 2009/early 2010 to now, December 2011?

How many jobs were created in the last month, December 2011?

(Note:  All of my employment number reports are based on monthly reports and data published by the Bureau of Labor Statistics.  Monthly numbers reports are based on the monthly Employment Situation Report.  The Employment Situation report includes month over month and year over year jobs numbers.  My analysis is taken from the monthly BLS data copied to an Excel spreadsheet every month.  I calculate detailed percentage increases/decreases, 3 month numbers, 2011 to date numbers, and I compare jobs numbers to those at the time of Obama's inauguration and at the "trough" of the recession.)

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