The labor force was 154,185,000 when Obama took office. It's now 154,017. And the economy has created private-sector jobs for well over a year.
That depends on how many people enter the job force each month.
The jobs number is a net figure, not a gross.
The net job picture has improved - and dramatically so. We've gone from a net loss of 800,000 jobs per month to a net gain averaging about 100K per month over the past year.
Get it now?
oh for gods sake.
a)Labor Force Participation Rate Drops To 63.9%, Lowest Since January 1984
Labor Force Participation Rate Drops To 63.9%, Lowest Since January 1984 | ZeroHedge
Why would you quote an August figure? I gave you the actual numbers.
b)" the economy needs to create close to 150,000 jobs a month just to keep up with population growth".
You do realize that those jobs add up and have to be accounted for before you can add a net + , right?
No, the economy typically needs to add between 100,000 and 300,000 but the demographics of the job market are a critical factor. Ten years from now it will need to add less because people will be retiring at a faster rate than young people are entering the work force.
c) we are right back to the example I used, are we bleeding like we were in 08 and early 09? No, no argument there, is there a recovery where in more jobs have been created than lost, or a net gain in total employment over his tenure? no.
The net total job count is minus 2.9 million ( according to Veronique de Rugy at Reason magazine) and 3.3 million according to Heritage, since Heritage is touted as right of center,fine, I will go with Veronique's who writes for the Libertarian Reason magazine grp. ( and her figure was from exactly one year ago, Oct 2010).
We weren't discussing the net job count - we were discussing private sector job creation, which has been net positive for well over a year.
your continued intellectual dishonesty is not my concern.