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View Diary: JOBS! JOBS! JOBS! (18 comments)

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  •  1.1 Million job growth in 2010 (3+ / 0-)
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    A Siegel, SolarMom, mos1133

    In 2010, according to the Bureau of Labor Statistics, there was a 1,124,000 job growth. Thank God for the GOP Party of No. :)

    Taxes are the cover charge for living in civilization.

    by grabovcan on Tue Jan 25, 2011 at 06:12:42 AM PST

    •  Sigh ... (12+ / 0-)

      Republicans get a pass from traditional media in their 'job killing' frame when it is, truly, their policy concepts which have proven to be job and decent wage killing for the vast majority of Americans.

      The 1.1 million, however, is a shadow of what it should and could have been -- even in the face of Republican obstructionism. Honestly, with some of the approaches that I highlight here (and others that aren't in this diary but which have been part of the conversation for years), we could have seen an order of magnitude greater job creation with not much more Federal investment and, at the end of the day, lower 'deficit' implications due to tax revenues from those millions of additional employed people and lower demands on social services.

      Blogging regularly at Get Energy Smart NOW! for a sustainable energy future.

      by A Siegel on Tue Jan 25, 2011 at 06:21:20 AM PST

      [ Parent ]

    •  More BLS stats (1+ / 0-)
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      A Siegel

      Offer a very sobering view:

      The civilian labor force participation rate edged down in December to 64.3 percent, and the employment-population ratio was essentially unchanged at 58.3 percent. (See table A-1.)

      This means 35.7% of working age Americans did not "paticipate" in the labor force. Certainly a percentage of that 35.7% is unable to work, for any of a variety of reasons, but the rest were either looking for work or had given up.

      In addition, just to keep up with population growth, we need 137k jobs per month. That means the 1.1 million new jobs created in 2010 fell 544,000 jobs short of meeting working age population growth, never mind making any dent in the millions of unemployed.

      Making efficiency, sustainability, and alt energy "non-scary"

      by radical simplicity on Tue Jan 25, 2011 at 12:19:05 PM PST

      [ Parent ]

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