How Many Jobs Has Obama Created or Lost? (July 2016 update)

How many NET jobs created or lost under Obama* as of July 2016? How many private sector jobs have been lost or added during Obama's presidency?

How many new jobs in the last 7 1/2 years since Obama was inaugurated?  How many Americans were working or employed when Obama took office... compared to now?

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July 2016 numbers were released Friday morning, August 5th.  JULY reports and info HERE.

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What Was the Unemployment Rate When Obama Took Office?

The Unemployment Rate When Obama took office as of August 2016:

Unemployment Rate When Obama Took Office (August 2016 update)

Meanwhile, July 2016 jobs overview HERE.

July 2016 Unemployment Rate, Jobs

The July 2016 Jobs Report was released by the government's Bureau of Labor Statistics Friday morning, August 5.  A good, solid jobs report!    

The economy added 255,000 jobs, a large, strong number, which beat estimates of 170,000 to 180,000, and the unemployment rate was stable at 4.9%.

The number of unemployed people went down by 13,000 and 407,000 people joined the labor force.  Altogether, 420,000 more people started working in July, with 306,000 more people working full-time and 150,000 more people working part-time.

There are 217,000 more private sector jobs, and 38,000 more government jobs, the largest increase in the number of government jobs in over a year.

From the BLS report: 

Job gains occurred in professional and business services, health care, and financial activities. Employment in mining continued to trend down...
The change in total nonfarm payroll employment for May was revised from +11,000 to +24,000, and the change for June was revised from +287,000 to +292,000. With these revisions, employment gains in May and June combined were 18,000 more than previously reported. Over the past 3 months, job gains have averaged 190,000 per month. 

(For the record, 8 years ago, in July 2008, we lost 209,000 jobs as the country continued its slide into the worst recession in 80 years.)

July 2016 reports: (As usual, notation on the links will be changed to "UPDATED for July" when the updated reports become available later today or over the weekend.  Not all reports are updated every month.) 

• What Was the Unemployment Rate When Obama Took Office (compared to today)?  Not yet updated
• How Many Jobs Created or Lost Under Obama? - Full-time vs. Part-time? -  Updated for July
• Democrats rock at full-time job creation. - Updated for July
• How Many Jobs Were Created in 2016?
• Jobs Lost/Gained Year by Year Since 1999 - Not yet updated.
• 93 Million People Not in the Labor Force? Who are those people?  Latest update is for April 2015

More highlights and reports will continue to be posted here over the coming days and weeks.  Please check back!

How Many Jobs Have Been Created in 2016 to date? (Updated for August 2016)

Total Jobs Created/Lost In 2016 as of August 2016:

• 1,452,000 payroll jobs have been ADDED in 2016 in seasonally adjusted numbers.
• That's an additional 182,000 jobs per month in 2016.
• 1,279,000 private payroll sector jobs have been ADDED in seasonally adjusted numbers.
• That's an additional 160,000 private jobs per month in 2016.
• 173,000 government sector (federal, state, and local) jobs have been ADDED in seasonally adjusted numbers so far in 2016. 
• That's an addition of 22,000 government jobs per month in 2016.
• 1,685,000 MORE people are employed.  ("Employed" numbers include people who are self-employed and people working in agriculture, people whose jobs are not included in the "jobs" count.  The number of people employed is reported by workers; the "jobs" numbers are reported by employers. )
• That's an additional 211,000 people employed each month so far in 2016.
• 1,698,000 MORE people are working full-time so far in 2016.
• 152,000 FEWER people are working part-time so far in 2016.
• These are NET numbers, meaning they are the numbers of jobs ADDED after all jobs LOST are subtracted.  
• Breakdown of the 93,000,000-94,000,000 "record number" of people "not working" HERE.  

How Many Jobs Created in all of 2015?  HERE!

What was the unemployment rate when Obama took office and Bush left office? (Updated for June 2016)

What was the unemployment rate when Bush left office and Obama was inaugurated?  7.8% 

What was unemployment when Obama took office?  How many people were unemployed?  Read below

What was the unemployment rate after Obama's first full month in office (February 2009)?  8.3%

What was the unemployment rate at peak?  10.0%

What is today's (June 2016's) unemployment rate?   4.9%  

All Latest Jobs and Unemployment Reports HERE

How many people were looking for work when Obama was inaugurated; how many were working?  And how many people are looking for work and how many are employed now?

• Read below the graph.

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  The following chart shows the unemployment rate in three month intervals plus month-by-month for the latest months:

 

How Many Jobs Has Obama Created or Lost? (June 2016 Update)

The following report is outdated.  It has been updated with current data HERE.

How many NET jobs created or lost under Obama* as of June 2016? How many private sector jobs have been lost or added during Obama's presidency?

How many new jobs in the last 7 1/2 years since Obama was inaugurated?  How many Americans were working or employed when Obama took office... compared to now?

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June 2016 numbers were released Friday morning, July 8th.  JUNE reports and info HERE.

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Full-Time Job Growth? Who has the better record? Democrats or Republicans? (Updated for May 2017)

Who do YOU trust to grow the number of full-time jobs in this country?

Note:  This was originally published in July 2016; it was updated in November 2016 after Trump won the Electoral College.  This is a final update, released in June 2017 using data from January 2017 with final numbers of full-time workers during the Obama administration.

CNN floated a poll in July 2016 which showed that Trump had an 8% advantage over Clinton when it came to the economy...  Back in July, MORE people... 8% MORE people... actually thought that Trump would be better for the economy!!  What kind of idiocy is that?  (And now, as we move into Month 5 of the Trump Presidency, we will start to see what effect Trump might have on the economy.)  Let's not forget that we were losing 800,000 jobs a month (net) when Obama took over!   

Over the past year, we have had the HIGHEST number of job openings EVER and the LOWEST number of people filing for initial unemployment benefits in 40 (FORTY) years! We now have 115 consecutive weeks of initial unemployment claims below 300,000/week, the longest streak of claims below 300,000 since the 1967-1970 era.

Also from the Department of Labor, released June 1, 2017: 

The 4-week moving average (of unemployment claims) was 1,914,500, a decrease of 16,000 from the previous week's revised average. This is the lowest level for this average since January 12, 1974 when it was 1,881,000. 

Trump?  Republicans?

But people trust Trump and the Republicans on the economy?

Below is a simple graph:  If you care about full-time job growth, you can easily see which party has the best record (as a percent) of growth in full-time workers over the last 48 years, the period of time for which this data is available online.  (You may have to click on the graph to get a good look at it.)

Look at this chart and then answer that question at the top again:  Who do you trust to grow the number of full-time jobs in this country?  (And notice that the largest increase in the percentage of full-time workers STILL belongs to the much-maligned Jimmy Carter.)

Updated June 2017:  7.8% means that we had 7.8% MORE full-time workers in January 2017 when Obama left office than we did in January 2013, when Obama's second term began.  Data is from the BLS (Bureau of Labor Statistics) site, table LNS12500000 (Full-time workers, seasonally adjusted).  Obama's second term began with 115,724,000 full-time workers in January 2013, and when his term ended in January 2017, we had 124,705,000 full-time workers.