The President with the worst average unemployment rate since World War II is?

[sealybobo]

Looks like Reagan has locked up the worst average in 70 years

What a disaster the Reagan years were

And like Bush, Reagan's policies continue to hurt us to this day.

Reagan seemed like a good President at the time. Even Ford Union workers liked him. Little did they know he laid the ground work to destroy the middle class.

Roll Back the Reagan Tax Cuts

 

[Faun]

Hi, folks. It's that time of the month again when the BLS releases their latest jobs figures. And with an unemployment rate of just 5.0% in April, the president with the worst average unemployment rate after 87 months in office is.......

Ronald Reagan ..... 7.73%

I wonder if this is why the OP, U2Edge, stopped posting here?

 

[boilermaker55]

Also let's remind them of....IRAN/Contra!

Hi, folks. It's that time of the month again when the BLS releases their latest jobs figures. And with an unemployment rate of just 5.0% in April, the president with the worst average unemployment rate after 87 months in office is.......

Ronald Reagan ..... 7.73%

I wonder if this is why the OP, U2Edge, stopped posting here?

 

[Lumpy 1]

Here we go again .... just as we do every month following the first Friday of the month....

After 85 months in office...

Reagan ..... 7.78
Obama ...... 7.75

Making Reagan the worst after serving 85 months in office.

It's actually 9.7 in you include the underemployed...

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

 

[edthecynic]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

 

[bripat9643]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

 

[edthecynic]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

The ACA does NOT calculate the UE rate, BLS does that and BLS has not changed it from 35 hours.
Lumpy's lie is still a lie no matter how ignorant you pretend to be.

 

[TooTall]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

The ACA does NOT calculate the UE rate, BLS does that and BLS has not changed it from 35 hours.
Lumpy's lie is still a lie no matter how ignorant you pretend to be.

Not a lie, but the ACA is a bit misleading, like damned nearly everything that Obama has done.

"If an employee works an average of 30 hours a week or 130 hours a month or more it is considered full-time and large employers must provide health insurance. To be considered part-time, the employee must work more than 120 days in a year.

Many employers will keep the employee at 27 hours a week as a "safe harbor". This avoids the employee accidentally going over due to overtime."

Is Less Than 30 Hours Part-Time Under ObamaCare? - Obamacare Facts

 

[NYcarbineer]

Here we go again .... just as we do every month following the first Friday of the month....

After 85 months in office...

Reagan ..... 7.78
Obama ...... 7.75

Making Reagan the worst after serving 85 months in office.

It's actually 9.7 in you include the underemployed...

It was actually 14% when Obama took office.

 

[TooTall]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

The ACA does NOT calculate the UE rate, BLS does that and BLS has not changed it from 35 hours.
Lumpy's lie is still a lie no matter how ignorant you pretend to be.

Wrong!

"The Bureau of Labor Statistics (BLS) uses data from the National Compensation Survey (NCS) to calculate access rates for a variety of employee benefits. Estimates are produced across a broad range of job characteristics, including industry, occupation, and establishment size. Statistics are also reported by full-time and part-time status.

The full-time or part-time status published by the NCS is based on whether the responding establishment reports a job as full time or part time,rather than on a definition that specifies weekly work hours."

 

[Wry Catcher]

"There are lies, damn lies and statistics"
Unknown

“A truth that's told with bad intent
Beats all the lies you can invent.”
― William Blake, Auguries of Innocence

 

[edthecynic]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

The ACA does NOT calculate the UE rate, BLS does that and BLS has not changed it from 35 hours.
Lumpy's lie is still a lie no matter how ignorant you pretend to be.

Wrong!

"The Bureau of Labor Statistics (BLS) uses data from the National Compensation Survey (NCS) to calculate access rates for a variety of employee benefits. Estimates are produced across a broad range of job characteristics, including industry, occupation, and establishment size. Statistics are also reported by full-time and part-time status.

The full-time or part-time status published by the NCS is based on whether the responding establishment reports a job as full time or part time,rather than on a definition that specifies weekly work hours."

LIAR!

Labor Force Characteristics (CPS)

Full- or part-time status
Full time is 35 hours or more per week; part time is 1 to 34 hours per week.

 

[edthecynic]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

The ACA does NOT calculate the UE rate, BLS does that and BLS has not changed it from 35 hours.
Lumpy's lie is still a lie no matter how ignorant you pretend to be.

Not a lie, but the ACA is a bit misleading, like damned nearly everything that Obama has done.

"If an employee works an average of 30 hours a week or 130 hours a month or more it is considered full-time and large employers must provide health insurance. To be considered part-time, the employee must work more than 120 days in a year.

Many employers will keep the employee at 27 hours a week as a "safe harbor". This avoids the employee accidentally going over due to overtime."

Is Less Than 30 Hours Part-Time Under ObamaCare? - Obamacare Facts

Again, the ACA/Obamacare has nothing to do with unemployment rate calculations. No matter how many hours are considered PT by the ACA, BLS defined PT as 34 hours or less.

 

[U2Edge]

The monthly unemployment rate for April 2016 was 5.0%. This is Obama's 88th month of office. This drops the average unemployment rate for the time he has been in office from the average 7.81% in December 2016 at 84 months to the average of 7.68% in April 2016 at 88 months.

Here is the new standings for the Presidents with Obama's revised numbers:

The President with the worst average unemployment rate since World War II is?

Gerald Ford: 7.77%

Average Unemployment Rates for US Presidents since after World War II:

01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Barack Obama: 7.68%
12. Gerald Ford: 7.77%

676.2/88 = 7.6840 = 7.68%

There are 8 months left in Obama's Presidency.

The labor force participation rate went down in April to 62.8%, from the 63% it was at in March..

 

[pinqy]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

The ACA, the law, considers 30 hours a week to be full time.

The ACA does NOT calculate the UE rate, BLS does that and BLS has not changed it from 35 hours.
Lumpy's lie is still a lie no matter how ignorant you pretend to be.

Wrong!

"The Bureau of Labor Statistics (BLS) uses data from the National Compensation Survey (NCS) to calculate access rates for a variety of employee benefits. Estimates are produced across a broad range of job characteristics, including industry, occupation, and establishment size. Statistics are also reported by full-time and part-time status.

The full-time or part-time status published by the NCS is based on whether the responding establishment reports a job as full time or part time,rather than on a definition that specifies weekly work hours."

That's the National Compensation Survey (NCS), which produces the Employment Compensation Index, and data on wages and benefits and total compensation.

But data on full time and part time workers comes from the Current Population Survey (CPS) which is the source of the unemployment rate and labor force statistics.

No one cites the NCS for data on number of full or part time wirkers

 

[Camp]

The monthly unemployment rate for April 2016 was 5.0%. This is Obama's 88th month of office. This drops the average unemployment rate for the time he has been in office from the average 7.81% in December 2016 at 84 months to the average of 7.68% in April 2016 at 88 months.

Here is the new standings for the Presidents with Obama's revised numbers:

The President with the worst average unemployment rate since World War II is?

Gerald Ford: 7.77%

Average Unemployment Rates for US Presidents since after World War II:

01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Barack Obama: 7.68%
12. Gerald Ford: 7.77%

676.2/88 = 7.6840 = 7.68%

There are 8 months left in Obama's Presidency.

The labor force participation rate went down in April to 62.8%, from the 63% it was at in March..

Where do those numbers come from?

 

[U2Edge]

The monthly unemployment rate for April 2016 was 5.0%. This is Obama's 88th month of office. This drops the average unemployment rate for the time he has been in office from the average 7.81% in December 2016 at 84 months to the average of 7.68% in April 2016 at 88 months.

Here is the new standings for the Presidents with Obama's revised numbers:

The President with the worst average unemployment rate since World War II is?

Gerald Ford: 7.77%

Average Unemployment Rates for US Presidents since after World War II:

01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Barack Obama: 7.68%
12. Gerald Ford: 7.77%

676.2/88 = 7.6840 = 7.68%

There are 8 months left in Obama's Presidency.

The labor force participation rate went down in April to 62.8%, from the 63% it was at in March..

Where do those numbers come from?

U.S. Bureau of Labor Statistics The Bureau Of Labor Statistics

Go to data tools and then "labor force statistics".
From the list select "Civilian Labor Force Participation Rate" and "Unemployment Rate".
Change 2006 to 1948 in order to get every monthly labor force participation rate and unemployment rate from January 1948 to April 2016.
The average unemployment rate is found by adding up all the monthly unemployment rate numbers while x President was in office and then dividing that number by the number of months x President was in office.

 

[Camp]

The monthly unemployment rate for April 2016 was 5.0%. This is Obama's 88th month of office. This drops the average unemployment rate for the time he has been in office from the average 7.81% in December 2016 at 84 months to the average of 7.68% in April 2016 at 88 months.

Here is the new standings for the Presidents with Obama's revised numbers:

The President with the worst average unemployment rate since World War II is?

Gerald Ford: 7.77%

Average Unemployment Rates for US Presidents since after World War II:

01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Barack Obama: 7.68%
12. Gerald Ford: 7.77%

676.2/88 = 7.6840 = 7.68%

There are 8 months left in Obama's Presidency.

The labor force participation rate went down in April to 62.8%, from the 63% it was at in March..

Where do those numbers come from?

U.S. Bureau of Labor Statistics The Bureau Of Labor Statistics

Go to data tools and then "labor force statistics".
From the list select "Civilian Labor Force Participation Rate" and "Unemployment Rate".
Change 2006 to 1948 in order to get every monthly labor force participation rate and unemployment rate from January 1948 to April 2016.
The average unemployment rate is found by adding up all the monthly unemployment rate numbers while x President was in office and then dividing that number by the number of months x President was in office.

What does "Civilian Labor Force Participation Rate" mean? Does that exclude government workers or military?

 

[Fenton Lum]

I'm not at all sure I'd trust the system's numbers on unemployment, especially these days. But if one is a "conservative" railing against the govt all day everyday, wouldn't you feel just a tad "liberal" citing the "data" the system hands you?

The entire economic system and political system (which is really the same beast) has been rerigged over the past 5-6 decades under the reign of "both" parties. All else is mass distraction, divide and conquer, diversion.

 

[Lumpy 1]

Also 30 hrs. a week is considered full time nowadays not the previous 40 hrs. a week...

In other words, your comparison is basically crap..

BLS always considered 35 hours full time and STILL does now

IOW, you LIE like a typical CON$ervative!

Don't you ever get sick of licking up Obama's crap and making excuses, have you no pride?