The unemployment numbers should be higher than 8.86%. Obama and the Dems created the most part-time jobs due to Obamacare and trying to get employment numbers higher so they could stay in office.
There's certainly no shortage of imbeciles like you who keep repeating bullshit like that, no matter how many times it gets debunked.
Part time jobs
jan/2009: 26,377,000
jan/2017: 27,405,000
increase: 1,028,000 (4%)
Full time jobs
jan/2009: 115,818,000
jan/2017: 124,705,000
increase: 8,887,000 (8%)
Civilian Labor Force
jan/2009: 154,210,000
jan/2017: 159,716,000
increase: 5,506,000 (4%)
Part time jobs increased on par with labor force growth, whereas full time jobs outpaced labor force growth by a factor of 2 to 1.
There's certainly no shortage of imbeciles like you who keep repeating bullshit like that, no matter how many times it gets debunked.
Heh. Calling me an imbecile when we know you are one of the lemmings that lick Obama's and other Dems' anal hole.
Figures don't lie, but liars do figure. The full time jobs that Obama created were not in the high productivity sector, but the low-skill, low-pay gigs in bars, restaurants, Wal-Marts and temp agencies. The number of breadwinner jobs full-time positions in energy and mining, construction, manufacturing, the white collar professions, business management and services, information technology, transportation/distribution and finance, insurance and real estate — is still 1.7 million below the level of December 2007; in fact, it is still lower than it was at the turn of the century.
What does this mean?
It means there is no mystery as to how the Obama and Wall Street celebrate d year after year of “jobs growth” during his term. However, the long-term trend of full-time, family-supporting employment levels were already heading south.
It’s the Democrats' version of “trickle-down economics,” and not the good kind.
What happened is the Keynesian money printers at the Fed were fueling serious financial bubbles. It generated a temporary lift in the discretionary incomes of the top 10 percent of households, which own 85 percent of the financial assets, and the next 10-20% which feed off the their winnings.
Accordingly, the leisure and hospitality sectors boomed, creating a lot of job slots for bar tenders, waiters, bellhops, etc.
I call this the “bread and circuses economy,” but it has two problems. Most of these slots generate only about 26 hours per week and $14 per hour. That’s about $19,000 on an annual basis, and means these slots constitute 40 percent jobs compared to the breadwinner category at about $50,000 per year. Besides that, a soon as the financial bubble goes bust, these jobs quickly disappear.
How stupid can you be if don't realize you can't create jobs by continuing to raise taxes on corporations?