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View Diary: Obama is now a net job creator (54 comments)

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  •  Here are the data (3+ / 0-)
    Recommended by:
    Delevie, rbird, rhauenstein

    All nonfarm payrolls:
    http://research.stlouisfed.org/...

    You can click "View Data" on the left panel for more. But it says that Bush presided over the growth of 1.095 million jobs between January 2001 and January 2009.

    Private payrolls are here:
    http://research.stlouisfed.org/...

    In which case... Bush presided over a loss of 646,000 private sector jobs.

    Most people will start at January, because the surveys are taken during the middle of each month, and also because the Presidents are not inaugurated until the 20th. Therefore, counting starts in February, to be fair across the board.

    But anyways, this basically says: the last time a Republican attempted to be President, the economy sucked six ways to Sunday.

    "Growth for the sake of growth is the ideology of the cancer cell." ~Edward Abbey ////\\\\ "To be a poor man is hard, but to be a poor race in a land of dollars is the very bottom of hardships." ~W.E.B. DuBois

    by rovertheoctopus on Thu Sep 27, 2012 at 11:58:10 AM PDT

    [ Parent ]

    •  And just to be be this is private AND govt jobs? (2+ / 0-)
      Recommended by:
      rovertheoctopus, sethtriggs

      I believe that is the case, that non-farm payrolls includes government jobs, but can someone confirm that for me?

      •  You're correct (1+ / 0-)
        Recommended by:
        sethtriggs

        Basically, the monthly print on nonfarm payrolls includes private-sector and government-sector paryolls. So, the 386,000 jobs here include 453,000 private-sector, but with a loss of 67,000 government jobs bringing the 386,000 number.

        Simple as that! =)

        "Growth for the sake of growth is the ideology of the cancer cell." ~Edward Abbey ////\\\\ "To be a poor man is hard, but to be a poor race in a land of dollars is the very bottom of hardships." ~W.E.B. DuBois

        by rovertheoctopus on Thu Sep 27, 2012 at 07:47:06 PM PDT

        [ Parent ]

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