Dem's Boasting Over The 4 Million New Jobs,But Where?,Blue States Or Red States?

[RightWingFerret]

What you probably wont hear from Obama and his thugs are where these 4 million jobs were created. We already know that a chunk of the new jobs are government jobs being paid for on a credit card. Are 100's of thousands of the new jobs being created in California,Illinos,New York,Michigan and the other blue states?

Will Obama ever brag about how many of the new jobs are being created in Texas,Florida,The Carolinas,North Dakota and a number of other red&purple states?

And the Dem's&Libs are making such a big deal over 4 million jobs created,but what about the other 15 to 20 million Americans who still can't find jobs? {or working part time}

 

[SniperFire]

What you probably wont hear from Obama and his thugs are where these 4 million jobs were created. We already know that a chunk of the new jobs are government jobs being paid for on a credit card. Are 100's of thousands of the new jobs being created in California,Illinos,New York,Michigan and the other blue states?

Will Obama ever brag about how many of the new jobs are being created in Texas,Florida,The Carolinas,North Dakota and a number of other red&purple states?

And the Dem's&Libs are making such a big deal over 4 million jobs created,but what about the other 15 to 20 million Americans who still can't find jobs? {or working part time}

The jobs which are being created are where Libtards were tossed from office or never had control.

LOL

 

[WillowTree]

Let me tell ya something.. if they had created 4 million jobs the unemployment rate wouldn't be 8.1%.

 

[Katzndogz]

There are only 4 million new jobs because democrats said so. They could easily have said 12 million or 50 million. It would be equally as true.

 

[VaYank5150]

What you probably wont hear from Obama and his thugs are where these 4 million jobs were created. We already know that a chunk of the new jobs are government jobs being paid for on a credit card. Are 100's of thousands of the new jobs being created in California,Illinos,New York,Michigan and the other blue states?

Will Obama ever brag about how many of the new jobs are being created in Texas,Florida,The Carolinas,North Dakota and a number of other red&purple states?

And the Dem's&Libs are making such a big deal over 4 million jobs created,but what about the other 15 to 20 million Americans who still can't find jobs? {or working part time}

So....NOW the GOP faithful are going to bitch about WHERE the jobs are being created?

 

[SniperFire]

So....NOW the GOP faithful are going to bitch about WHERE the jobs are being created?

You can't be that fucking stupid.


Well, wait.


Yes. You can.

 

[RightWingFerret]

now keep in mind, its Obama's enemy Governors who are creating a bulk of the new jobs,,,if it wasnt for Rick Perry and Rick Scott, the unemployment would be closer to 15%.

 

[clevergirl]

Alternate Unemployment Charts

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

Unemployment Data Series subcription required(Subscription required.) View Download Excel CSV File Last Updated: May 4th, 2012

 

[VaYank5150]

now keep in mind, its Obama's enemy Governors who are creating a bulk of the new jobs,,,if it wasnt for Rick Perry and Rick Scott, the unemployment would be closer to 15%.

Isn't that what the Governors SHOULD be doing?

 

[clevergirl]

At first glance, the latest jobs report for the month of April shows some promising signs: 115,000 jobs created and a lower official unemployment rate, albeit only by one-tenth of a percent. Unfortunately, things are not always what they seem and, in this instance, a closer look reveals something much different. Overshadowing April’s small job growth is the overwhelming number of Americans who have given up looking for work and dropped out of the labor force altogether. According to the numbers, 522,000 people simply gave up their job searches. Some grew tired and frustrated. Others perhaps decided to return to school or start retraining, in hope of following a new career path. No matter the reason, they are unemployed and therefore should be counted along with every other person without a job.

Not so. Instead, the official unemployment rate treats this subset of Americans, totaling as many as 88 million people, as if they just vanished.

Call it what is, an accounting gimmick intended to make the unemployment rate appear lower by purposely ignoring millions of Americans who should otherwise be listed as unemployed. Compared to the official unemployment rate of 8.1 percent, the civilian labor-participation rate now registers at 63.6 percent, its smallest size since the 1980s.

link

 

[Moonglow]

now keep in mind, its Obama's enemy Governors who are creating a bulk of the new jobs,,,if it wasnt for Rick Perry and Rick Scott, the unemployment would be closer to 15%.

They are states of the United States of America

 

[Jarhead]

now keep in mind, its Obama's enemy Governors who are creating a bulk of the new jobs,,,if it wasnt for Rick Perry and Rick Scott, the unemployment would be closer to 15%.

Isn't that what the Governors SHOULD be doing?

Yep.

But for some reason, Obama is getting the credit.

 

[RightWingFerret]

maybe one of the very intelligent conservatives here could make a list of all the states where residents have been fleeing in the masses to states where they could find work, or had a job lined up?
I would love to see that (and Im off to work,,,thanks to Rick Scott !!!)

 

[Leweman]

Maybe they have hindered the creation of 4 million jobs ...

 

[naturegirl]

LOL, Red State Governors are creating jobs and Obama is taking the credit for it. Sort of like him killing Bin Laden and earning the Nobel Peace Prize.

 

[paulitician]

What you probably wont hear from Obama and his thugs are where these 4 million jobs were created. We already know that a chunk of the new jobs are government jobs being paid for on a credit card. Are 100's of thousands of the new jobs being created in California,Illinos,New York,Michigan and the other blue states?

Will Obama ever brag about how many of the new jobs are being created in Texas,Florida,The Carolinas,North Dakota and a number of other red&purple states?

And the Dem's&Libs are making such a big deal over 4 million jobs created,but what about the other 15 to 20 million Americans who still can't find jobs? {or working part time}

I learned very early on to never ever trust this Administration's numbers. They lie. And it's as simple as that.

 

[Oldstyle]

The 4 million number is probably close to what's been created but what's misleading about that figure is that you need to create approximately 225,000 jobs per month to keep up with population growth. If you multiply that number by the 42 months that Obama has been in office you'd quickly realize that we needed almost 9 and a half million jobs.

The next time some Democrat stands on a stage and brags about creating 4 million jobs...remember that what he or she is actually saying is that they failed to create 5 1/2 million jobs.

 

[RightWingFerret]

4 Million jobs is just a drop in the bucket,,we really need to create 500,000 jobs a month to get back to some normalcy !!! and dont expect much when the May report comes out.

 

[pinqy]

At first glance, the latest jobs report for the month of April shows some promising signs: 115,000 jobs created and a lower official unemployment rate, albeit only by one-tenth of a percent. Unfortunately, things are not always what they seem and, in this instance, a closer look reveals something much different. Overshadowing April’s small job growth is the overwhelming number of Americans who have given up looking for work and dropped out of the labor force altogether. According to the numbers, 522,000 people simply gave up their job searches. Some grew tired and frustrated. Others perhaps decided to return to school or start retraining, in hope of following a new career path. No matter the reason, they are unemployed and therefore should be counted along with every other person without a job.

Not so. Instead, the official unemployment rate treats this subset of Americans, totaling as many as 88 million people, as if they just vanished.

Call it what is, an accounting gimmick intended to make the unemployment rate appear lower by purposely ignoring millions of Americans who should otherwise be listed as unemployed. Compared to the official unemployment rate of 8.1 percent, the civilian labor-participation rate now registers at 63.6 percent, its smallest size since the 1980s.

link

The Honorable Mr. Hunter's degree is in Business Administration, not Economics or Statistics and he does not appear to understand either the theory or methodology involved.

The purpose of the UE rate is to measure AVAILABLE LABOR. His proposal to use the U-5, besides being meaningless posturing, would only distort that by including those who are only THEORETICALLY available.

But let's go through his essay: [qutoe]According to the numbers, 522,000 people simply gave up their job searches[/quote] This is inaccurate. The Adult Civilian Non-Institutional Population is divided into three groups: Employed (worked), Unemployed (available and looking for work), and Not in the Labor Force (unavailable or not looking). Not in the Labor Force did have a net increase of 522,000, but that does NOT mean they all gave up. To see what actually happened, let's look at Labor Force Flows which shows the gross changes.

For the week of March 11-17 (the reference period, there were 87,897,000 people Not in the Labor Force. Between March 18th and April 14th (end of the April reference period), 3,515,000 found work (became employed), 2,761,000 started looking for work (became Unemployed), and 189,000 died, left the country, went to jail, were institutionalized, or joined the military (left the population) for a total of -6,465,000

At the same time, 3,993,000 people who had worked in March retired, quit, or were laid off and did not look for work by April 14th. Retirees probably won't, others may not want to work, and some just hadn't started looking yet. 2,686,000 people were Unemployed in March but did not look for work at all by April 14th or became unavailable. And 306,000 entered the population as Not in the Labor Force (mostly 16 year old students). Total gain of 6,985,000 for a net change of 6,985,000-6,465,000=522,000

But note that most of the new NILF are from Employed. And more people went from NILF to UE than from UE to NILF. So the increase is hardly due to people "stopping their job search.

Not so. Instead, the official unemployment rate treats this subset of Americans, totaling as many as 88 million people, as if they just vanished.

No, they just don't fit the defintions of Unemployed. Let's break down these 88 million. We'll switch to the not seasonally adjusted numbers because adjusted data is not available for some of the subgroups. A-38. Persons not in the labor force by desire and availability for work, age, and sex shows us that in April there were 88,879,000 people not in the Labor Force, meaning they had not looked for work at all between March 18 and April 14, or could not have started work April 8-14 if offered a job. 82,551,000 said the DID NOT WANT A JOB. 6,328,000 said they wanted a job, BUT 679,000 said they couldn't actually accept a job, and 3,285,000 hadn't looked for work in over a year (meaning they're not really likely to start looking). So that leaves 2,363,000 Marginally Attached. These say they are available for work, want to work, looked in the last year but not last 4 weeks. The REASON they stopped working was mostly issues with child care, or transportation, or just didn't say. Then there were those who stopped looking to go to school, look after kids or parents, or were ill. The largest single group was due to Discouragement, but while the largest single group, it's still less than half of the Marginally Attached. Mr. Hunter wants to include all these as officially Unemployed. But WHY?

8.1% of the people actively doing something about working failed to work (12.5 million). We know this means a problem with the Labor Market...the jobs aren't there. But of the 2.4 million Marginally Attached, most of them weren't looking for reasons that had nothing to do with the Labor Market and just under a million weren't looking because of what they thought about the Labor Market. That's too subjective.

Yes, the Labor Force has declined, though it's still higher than anytime before the 1980's. Some of it is more retirees, some is more people staying home with the kids, some are disabled, some are students....By itself, a declining labor force does not necessarily mean a bad labor market. That is of course PART of the reason, but not the whole story.