Here's some interesting information. This is the total number of non-farm payroll jobs, averaged for each quarter, for each year of Obama's presidency. The first line(blue) of each Quarter is the year before Obama took office.
Another interesting aspect. In 2000, there were:
174,136,341 workforce age
45,373,341 non-working adults
26% non-working adults
In 2010, there were:
194,296,087 workforce age
66,987,087 non-working adults
34% non-working adults
The percentage of workforce-age adults who aren't working has increased by 30%. This is what people talk about when they say unemployment doesn't reflect the true message. As a percentage of the population, we have 21% more unemployed people than we did under Bush(using the following figures.
In 2008, there were
190,000,000 workforce age(estimate extrapolated from 2000-2010 trend)
54,160,000 non-working adults
28% non-working adults
So, let's look at employment as a percentage of the workforce-age adults from year to year:
Those who are touting the recent employment numbers should reconsider their opinions.
All the information came from the following sites:
http://www.census.gov/prod/cen2010/brie … 0br-03.pdf
The job employment scene is very daunting, good job posting a forum post regarding this. I think you did a good job with the information you provided. I listened to, saw and read material describing similar information that you have here a few weeks back.
Thanks. I had a wonderful debate on Romney's work at Bain on a debate website. My opponent approached me after the debate and said that he changed his mind about his stance in the middle of the debate due to what I said, and had basically given it up from there. I wish we could all be like that, be willing to consider something objectively instead of always being entrenched.
I posted a forum topic on his work at Bain in the forums of that website and the forums here, but not a single Anti-Bain person has responded to either one. Sadly, information like this usually falls on deaf ears, or only the choir hears it.
I guess I'll just have to build up my own news outlet, get syndicated on TV and the radio, and become another talking head.
The problem with statistics is that any argument using them always omits all the other statistics but the ones that serve the point that is attempting to be made.
They are fun though.
It is like my old statistics instructor would say - figures don't lie but liars can figure. Statistics can be useful as a part of the evidence for a position - it is best that they do not become the whole position.
There is nothing inherently wrong with statistics, but they can be used improperly. I figured out these to show the ridiculous problem with using Seasonally Adjusted NFP figures and a clearly incorrect unemployment figure to say things are better than they are.
Well, you know what they say, "Liars figure, and figures lie." lol.
Yes, we can always fall back on cliche sayings for truth.
If there is a problem with my statistics, please, feel free to point it out.
Germany has its lowest unemployment rate for nearly twenty years at present.
It stands at 6.7 percent. http://www.reuters.com/article/2012/01/ … RF20120131
Germany does not export jobs, of course.The culture, generally, is to develop skills and short-termism is frowned upon.
In countries where capital is king, the opposite is true. You can get a quick return outsourcing even if the longer term consequence is a hollowing out of the economy as well paid jobs get scarcer and scarcer.
Companies wouldn't outsource as much if we didn't make it so expensive to do business in the US. One of the highest corporate tax rates in the world, it's not the company's fault.
Nor is outsourcing necessarily bad. It allows a company to deliver products for less, and it allows companies that couldn't survive at all without it to survive.
Beside, our lowest unemployment rate in 20 years is 4%, so why is Germany's business plan better than ours?
The unemployment rate in the US according to the latest figures is 8.7%. If you don't understand how to find and use stats, I would avoid them.
http://www.google.co.th/publicdata/expl … yment+rate
According to CNBC, that figure doesn't include the 1.2 million who have stopped looking for jobs. I posted the link on another forum, if you'd like to check it out.
I was comparing our lowest in 20 years to Germany's lowest in 20 years. I didn't say it is 4% right now, in case you haven't noticed, it fluctuates.
The entire point of this thread was to point out some of the problems with the official unemployment figure. It only tells us about unemployment, not how many are unemployed. There is a difference between the two.
That is only the U-3 unemployment number. It describes a specific number based on a proscribed set of parameters. The U-6 number is, and has been since the Obama Depression started, nearly twice that high. Check the Bureau of Labor Statistics - one should know where to look for these sorts of things if one is to deal in facts.
The Germans don't export jobs? That will be a surprise to:
1 - Siemens USA Holdings- 23,200 Jobs
2 - Volkswagen of America- 2,500 Jobs
3 - T-Mobile USA- 29,000 Jobs
4 - Allianz North America- 9,000 Jobs
5 BMW of North America- 1,302 Jobs
(http://www.olafbohlke.com/public/Top50G … iesUSA.pdf)
That is 5 of 50, the jobs listed are from 2006, that number may now be fewer. The point is that the Germans, like all smart economies put jobs where ever they are profitable.
The reason Germany is creating so many domestic jobs is that they refused to do massive bailouts for their own banks and businesses. Angela Merkel was rather critical of the idea. The result is that they have concluded their internal recession and now are the only ones capable of sustaining the EURO. The next three largest economies in the Eurozone - France, Italy, Spain - are in varying degrees of financial trouble.
Ironically, it appears that Europe will be a German Empire after all.
The best way to keep jobs here is unwind the massive administrative state and its ridiculous cancer of regulations from the economy.
by uncorrectedvision5 years ago
If not the most often touted, misunderstood piece of government disinformation is the unemployment rate. It does not represent those who are not employed or those who would rather be employed than...
by kbschennai7 years ago
The Last 18 months saw very few vacancies available in the engineering sector. The services sector was a big casualty .But now, the India growth story is again gaining momentum. The Government's initiatives have proved...
by JaxsonRaine4 years ago
Here are two arguments that I have heard, separately, from people on the left.1 - Minimum wage doesn't cost jobs.2 - Companies outsource to countries with low wages.Let's examine that for a moment. Let's imagine the...
by Ralph Deeds5 years ago
The nation’s employers added 114,000 jobs in September, a modest showing that was less than the previous month. But the unemployment rate dropped to 7.8 percent from 8.1 percent, the lowest since Obama took office in...
by lady_love1586 years ago
The labor department released the jobless numbers and the good news is the rate dropped to 9%! The bad news is only 36,000 jobs were created...So what's the story? It seems the numbers don't add up! AP reported more...
by OLYHOOCH6 years ago
I thought you all said we need jobs. Funny thing. Every month I see a figure like this and I say to my self, this JOB ISSUE, is like, THE OBAMA BC ISSUE. ( Here they are, you just cant see or find them.) We say one...
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.