How Many Jobs Has Obama Gained or Lost? (November 2011 update)

Private/Govt Jobs Gained/Lost by Month 2011, 2012, 2013 HERE

Latest (2013 to date and all 2011) reports and jobs numbers HERE!!

The following are numbers for November 2011.  For the latest numbers & reports, please click one of the links above.

How has Obama done on jobs?  
2,462,000 gained since "trough" of recession.


How Has Obama done on private-sector jobs?
2,947,000 gained since the "trough" of the recession.


How many jobs have been lost or gained during the Obama administration?  Have more new jobs been created or have more jobs been lost under Obama to date?  Still in negative jobs territory in net jobs gained/lost.

(Remember that monthly jobs numbers are NET numbers:  That is, the number of jobs GAINED after all jobs lost are subtracted, or the number of jobs LOST after all jobs gained are subtracted.  Increases in the monthly number of jobs mean that more jobs were gained than lost.  Decreases in the monthly number of jobs mean that more jobs were lost than gained.) 

Breakdown of private and government jobs lost and gained?  HERE!

These questions will be answered.  Keep reading!   All data based on the latest numbers from the Bureau of Labor Statistics.    

Other current & former (All 2012 & 2011) reports HERE!! 

Summary of November jobs activity: 

Jobs increased 120,000 in total in November 2011 (vs. a revised increase of 100,000 in October). Private sector jobs continued to increase while government sector jobs continued to decrease. Private sector jobs increased by 140,000 (vs. 117,000 in October), while government jobs decreased by 20,000 (vs. a decrease of 17,000 in October).  

Is it true that over 2 million private sector jobs have been created in the Obama administration as the Democrats claim?

(Summary of gross and net jobs activity since Obama was inaugurated is below the jump---  Keep reading!)

One Million More Private Sector Jobs Since Obama Took Office?

How many private sector jobs have been gained or lost since Obama took office?

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Current Updates with September jobs numbers:

Private and government jobs gained or lost under Obama? 

What was the Unemployment Rate When Obama Took Office? 

What was the Unemployment Rate When Bush Left Office? (The Controversy)  

How Many Jobs Were Created in September 2011? 

How Many New Jobs Have Been Created in 2011 To Date?  

Current (September) update HERE!How Many Jobs Has Obama Created or Lost? 

Alternate Unemployment Rate Increases to 18.4% 

Seasonal Adjustments to Jobs Numbers: An Explanation 

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There is some good news buried in the August 2011 jobs report:

In "raw or real" numbers unadjusted for seasonal variation, we now have 1,056,000 MORE private-sector jobs than when Obama stood in front of the American people in January 2009 and took the oath of office.  "Raw" numbers not adjusted for seasonal variation are more volatile, and are rarely used for comparison purposes, (I explain them HERE.) but they do represent the number of jobs that are actually out there in a given month:  Jobs that are held by our friends, family, and neighbors.

I pulled this data from the longer post, How many jobs has Obama created or lost?

Seasonally adjusted private-sector jobs numbers as of August 2011:

• Private-sector jobs lost from the time Obama took office to the "trough" (bottom of recession): .....4,189,000
• Private-sector jobs gained since "trough": .....2,398,000

         

*(This is the number often used by the Democrats as the number of private jobs created since the "trough" of the recession.  It is a correct number, but it is a seasonally-adjusted number.  In "real" unadjusted numbers, 5,207,000 private sector jobs have been created since the "trough" of the recession.)

  

Net LOSS in seasonally-adjusted private-sector jobs since Obama took office: ....1,791,000                      

"Raw:" numbers not seasonally adjusted: 

• Private-sector jobs lost from the time Obama took office to the "trough": .....4,151,000 
• Private-sector jobs gained since "trough": .....5,207,000                                   

Net GAIN in "raw" unadjusted private-sector jobs since Obama took office: .....1,056,000