216,000 jobs created in February

Discussion in 'Politics' started by Syphon, Mar 7, 2012.

  1. Syphon
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    Hiring in the private sector picked up in February, according to a report released Wednesday by payroll processor ADP.
    Private employers added 216,000 jobs in the month, ADP said, roughly in line with forecasts for 218,000 jobs gained.

    Small businesses -- those with fewer than 50 employees -- made up half of the job gains in February, hiring 108,000 people.

    A rise in manufacturing jobs was particularly encouraging. Factories added 21,000 jobs.

    ADP Says U.S. Added 216,000 Jobs in February - Bloomberg

    Private firms added 216,000 jobs in February, study says - latimes.com

    ADP: Private sector adds 216,000 jobs in February - Mar. 7, 2012

    With Democrats in the White House, the average annual job creation for the last 48 years was just a hair under 2.2 million additional jobs.
    Under Republican presidents, half of that, 1.1 million jobs. GDP growth under Democrats, 3.2%. Under Republicans, 2.1%.
    Now here it gets fun: Average annual S&P 500 growth rate under Democrats, 10.8%. Under Republicans, 2.3%.
    All of this is public knowledge, you can get these results from Bloomberg, BLS and BEI. You can't argue with data. You can spin as much as you want, BS to the high heavens, but so many critical indices show again and again (I didn't even bring up debt to GDP performance) to very heavily favor Democratic presidents. So either there is an ideological economic advantage to Democratic policies, or Republicans have made terrible presidents.

    Or maybe a little of both. Either way, you can't argue facts with opinions alone, and win any logical argument.

    how will the GOP try to spin this their way now?
     
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  2. Syphon
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    Syphon BANNED

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    not one GOP spin....... quite disappointing
     
  3. Full-Auto
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    How many were dropped from the roles again?

    I just want the numbers to have some real meaning.
     
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  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    Anything less than 350,000 new jobs is still stagnant. We very much need to be in the 400k - 450k per month job creation.
     
  5. Old Rocks
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    Old Rocks Diamond Member

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    They have real meaning. The rich do very well under the GOP, the rest of us, less well. If you want a robust economy that raises all boats, vote Democrat.
     
  6. Dr.House
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    Dr.House Lives on in syndication!

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    You've shown how many were added...

    Now show how many were lost...
     
  7. Full-Auto
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    While 1.66 million net jobs have been added during the Obama "recovery,” over that same time the number of working age Americans not in the labor force rose by 7.14 million. There is no comparable post-World War II "recovery" where this type of exodus has occurred.

    Read more: What's The Truth About The Unemployment Numbers? | Fox News
     
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  8. Syphon
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    see what happens is the count up how many job are created..... thennnnnnnn they deduct (that means subtract) how many jobs were lost. and thats how you get to +216,000. i can do the math again really slowly if you need me to
     
  9. Grampa Murked U
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    That doesn't even keep pace with population growth.
     
  10. Mr Clean
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    Rush comes on at noon.

    We'll get the spin and talking points then.
     

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