PoliticalChic
Diamond Member
"To mark this Labor Day weekend, here's a roundup of 10 eye-popping statistics on the American jobs crisis. ... which hangs over President Obama as he gears up for his big jobs speech on Thursday (not to mention his reelection campaign).
1. 25.3 million Americans: The true size of the unemployment crisis. This figure includes people who are out of work, forced to work part-time, or unable to find a full-time job, as well as those who want to work but have given up searching for a job in the past month,...
2. 6.9 million jobs: How many fewer jobs there are today than in December 2007.
3. Twenty-eight out of 32 months: The number of months since January 2009 that job growth failed to keep up with basic population growth (roughly 150,000 jobs a month).
4. 16.7%: The jobless rate for African-Americans. Black unemployment is now at its highest in 27 years.
5. 280,000: The number of jobs the American economy needs to add each month to fill its 11.3 million-job deficit by the middle of 2016.
6. 35,000: The average number of jobs the economy actually added in the past three months."
10 Eye-Popping Labor Day Stats | Mother Jones
And....
7. "...CNN fact-checked that claim and found it to be "not the whole picture." Instead, CNN found that there has been a net increase of just 300,000 non-farm payroll jobs since Obama took office. And if you count government jobs, there are actually 400,000 fewer people working today than in January 2009.
8. "The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office at the height of the recession."
9. However, Obama's job growth percentages trail far behind those of some other recent presidents, including Bill Clinton (+2.60 percent and +1.60 percent), Ronald Reagan (+1.75 percent and +2.53 percent) and even Jimmy Carter (+2.30 percent)."
Fact Check: 4.5 million new jobs created under Obama? | The Ticket - Yahoo! News
[ame=http://www.youtube.com/watch?v=q-0ecuS8tWs]He's right - YouTube[/ame]
1. 25.3 million Americans: The true size of the unemployment crisis. This figure includes people who are out of work, forced to work part-time, or unable to find a full-time job, as well as those who want to work but have given up searching for a job in the past month,...
2. 6.9 million jobs: How many fewer jobs there are today than in December 2007.
3. Twenty-eight out of 32 months: The number of months since January 2009 that job growth failed to keep up with basic population growth (roughly 150,000 jobs a month).
4. 16.7%: The jobless rate for African-Americans. Black unemployment is now at its highest in 27 years.
5. 280,000: The number of jobs the American economy needs to add each month to fill its 11.3 million-job deficit by the middle of 2016.
6. 35,000: The average number of jobs the economy actually added in the past three months."
10 Eye-Popping Labor Day Stats | Mother Jones
And....
7. "...CNN fact-checked that claim and found it to be "not the whole picture." Instead, CNN found that there has been a net increase of just 300,000 non-farm payroll jobs since Obama took office. And if you count government jobs, there are actually 400,000 fewer people working today than in January 2009.
8. "The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office at the height of the recession."
9. However, Obama's job growth percentages trail far behind those of some other recent presidents, including Bill Clinton (+2.60 percent and +1.60 percent), Ronald Reagan (+1.75 percent and +2.53 percent) and even Jimmy Carter (+2.30 percent)."
Fact Check: 4.5 million new jobs created under Obama? | The Ticket - Yahoo! News
[ame=http://www.youtube.com/watch?v=q-0ecuS8tWs]He's right - YouTube[/ame]