Thread: Milestone: More private sector jobs today than when Obama took office.

Originally Posted by gingern42

4.2 million jobs, 4 trillion in spending. By my math that's (*)(*)(*)(*) near 1mil per job. Great. Better be some (*)(*)(*)(*)ed good jobs.

Nope! You'd have to compare with the hypothetical employment level that would have occurred without stimulus

Originally Posted by Gator

Only if the world is static, which it is not. To keep up with the population requires around 125,000 - 150,000 jobs created per month.

Obama claims 4.2 million jobs in 27 months, between 3.4 and 4.1 million of those are just to stay even with the population. Obama is just treading water. Almost none of the lost jobs have been recovered.

Thats being generous and ignoring 2009 even though the obama stimulus was signed in February 2009. Some of the 2009 job losses should fall onto obama making the stats even worse.

So that is the way you do it, eh? Fascinating.

So tell us, under your "dynamic" method of computing employment, how many millions of jobs were lost during the last 8 years the Republicans controlled the Administration?

Originally Posted by Iriemon

Another little nugget of data I earlier missed from the June BLS labor data.

In May 2012, for the first time, the number of people employed in the private sector is greater than when Obama took office.

Hmm? You would think that after 3 1/2 years of all this job creation Obama keeps talking about under his administration, there would be MORE jobs.

Originally Posted by unrealist42

The right is blaming the left for the lack of employment growth but there is plenty of employment growth in the private sector. Only the right's jihad against public workers is keeping the unemployment rate from falling.

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Federal government employment has only gone up

Originally Posted by dixon76710

Hmm? You would think that after 3 1/2 years of all this job creation Obama keeps talking about under his administration, there would be MORE jobs.

There are MORE jobs. 4.2 million more than in Jan 2009.

Originally Posted by dixon76710

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Federal government employment has only gone up

How much?

Originally Posted by Iriemon

So that is the way you do it, eh? Fascinating.

Its called economics and it is fascinating. Once a person sheds their ideological blinders, many things become fascinating.

Originally Posted by Iriemon

So tell us, under your "dynamic" method of computing employment, how many millions of jobs were lost during the last 8 years the Republicans controlled the Administration?

Not a very well posed question but I see your intent. The President alone does not control the economy. Blaming Bush individually for the recession is a fools errand.

During the Bush-43 admin, the Republicans had a majority in the Senate for 4 years, and the House for 6 years. The Republicans had majorties in both House and Senate for only 4 years (2003-2007).
During the Clinton years, the Democrats controlled both the House and Senate only for the first 2 years, the remaining 6 were Republican.

Thats called divided government. You can't blame one President or one political party until 2009 when obama and the democrats had total control and used that control to dominate the nation. Pre-2009, the blame goes to all of DC. Post-2009, the blame goes to the democrats.

Originally Posted by Gator

Its called economics and it is fascinating. Once a person sheds their ideological blinders, many things become fascinating.



Not a very well posed question but I see your intent. The President alone does not control the economy. Blaming Bush individually for the recession is a fools errand.

I wasn't attempting to blame Bush at all. I'm curious as to how many jobs were lost in the last Republican administration under your employment method so we can compare apples to apples.

And?

Originally Posted by Iriemon

Another little nugget of data I earlier missed from the June BLS labor data.

In May 2012, for the first time, the number of people employed in the private sector is greater than when Obama took office.

Total Private Sector Jobs (seasonally adjusted)
Jan 2009 110.985 million.
May 2012 111.040 million.

Source: http://data.bls.gov/pdq/SurveyOutputServlet

That means that all the job losses during his term, that were netting out at about 700,000 jobs lost per month when Obama took office, have been recovered.

That includes about 4.2 million private sector jobs created since January 2010.

We have not fully recovered yet, but we are moving in the right direction.

I wouldn't expect the RW propaganda channels to report this, but amazing how there hasn't been a peep about this milestone in the lame stream media

Are you implying Obama and Company have taken steps to assure the private sector the best possible business environment in order for them to sustain job growth?

If you are, then please tell me what those specific actions might have been?

If you are not, then your numbers are simply showing what happens without government involvement...

Originally Posted by OldManOnFire

Are you implying Obama and Company have taken steps to assure the private sector the best possible business environment in order for them to sustain job growth?

I don't think my post implied any such thing.

If you are, then please tell me what those specific actions might have been?

If you are not, then your numbers are simply showing what happens without government involvement...

Are you implying that Obama's policies caused the hudreds of thousands of jobs lost every month when he took office, and then played no role in the economy turning around and adding over 4 million new jobs since January 2010?

If you are, then please tell me what those specific actions might have been and how they caused the initial job loss but had no effect on the economy turning around.

If you are not, then your numbers are simply showing what happens without government involvement...

Please explain how you contend there has been no government involvement.