Obama Creates 4,000,000 Jobs.

[bravoactual]

Why You Don?t Know Obama Has Created 4.5 Million Jobs - The Daily Beast.

Fact.

President Obama has created over 4,000,000 jobs, with over 55-Straight Months of Job/Economic Growth.

Compared to the shrub's numbers. The former deserter-in-chief created 8.57 Million Jobs, but net loss of 7.121 Million Jobs Lost for net gain of 1.536 Million Jobs.

Over 1.5 Million Jobs were lost in the last full quarter (September, October, November and December) 2008. The shrub left office in January 2009.

Republicans continue to block President Obama's attempts on Infrastructure Jobs.

But when the number of Jobs created by President Obama is compared to Jobs created by bush, the stark truth is that that more jobs were created under Mr. Obama than under bush who left this country with a crippling National Debt and Two Illegal, Immoral and Unconstitutional War(s) that were fully paid for and were financed by continuing resolutions.

 

[Stephanie]

wow, he be superman

he's the gawd of job creators

lets all bow

 

[Bloodrock44]

And in those 55 months, people who have applied for 1st time unemployment benefits have outnumbered those gaining employment. Nice try Comrade.

 

[Stephanie]

anyone believe the dailybeast just remember this

they've had Meggie McCain as a guest writer there

IQ's not needed

 

[teapartysamurai]

Why do liberal think LYING about job creation is going to cover for the ACTUAL UNEMPLOYMENT NUMBERS????

You can play that game all day long and you aren't going to fool the people OUT OF WORK.

Keep lying libs.

 

[LoneLaugher]

And in those 55 months, people who have applied for 1st time unemployment benefits have outnumbered those gaining employment. Nice try Comrade.

Interesting stat. Can you point to the last month where that was not the case?

 

[Stephanie]

the only jobs Obama has created is MORE GOVERNMENT jobs YOU GET TO PAY FOR

 

[LoneLaugher]

the only jobs Obama has created is MORE GOVERNMENT jobs YOU GET TO PAY FOR

My, what a completely unsubstantiated comment! That's not like you, Staph! You feeling OK?

 

[Stephanie]

I just ran across this...

SNIP:


Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud — Paul Craig Roberts


July 7, 2014 | Categories: Articles & Columns | Tags: Jobs, unemployment, | Print This Article Print This Article

Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud
And More Fraud Is in the Works

Paul Craig Roberts

Washington can’t stop lying. Don’t be convinced by last Thursday’s job report that it is your fault if you don’t have a job. Those 288,000 jobs and 6.1% unemployment rate are more fiction than reality.

In his analysis of the June Labor Data from the Bureau of Labor Statistics, John Williams (Shadow Government Statistics - Home Page) wrote that the 288,000 June jobs and 6.1% unemployment rate are “far removed from common experience and underlying reality.” Payrolls were overstated by “massive, hidden shifts in seasonal adjustments,” and the Birth-Death model added the usual phantom jobs.

Williams reports that “the seasonal factors are changed each and every month as part of the concurrent seasonal-adjustment process, which is tantamount to a fraud,” as the changes in the seasonal factors can inflate the jobs number. While the headline numbers always are on a new basis, the prior reporting is not revised so as to be consistent.

The monthly unemployment rates are not comparable, so one doesn’t know whether the official U.3 rate (the headline rate that the financial press reports) went up or down. Moreover, the rate does not count discouraged workers who, unable to find a job, cease looking. To be counted among the U.3 unemployed, the person must have actively looked for work during the four weeks prior to the survey. The U.3 rate automatically declines as people who have been unable to find jobs cease trying to find one and thereby cease to be counted as unemployed.

There is a second official measure of unemployment that includes people who have been discouraged for less than one year. That rate, known as U.6, is seldom reported and is double the 6.1% rate.

Since 1994 there has been no official measure than includes discouraged people who have not looked for a job for more than a year. Including all discouraged workers produces an unemployment rate that currently stands at 23.1%, almost four times the rate that the financial press reports.

What you can take away from this is the opposite of what the presstitute media would have you believe. The measured rate of unemployment can decline simply because large numbers of the unemployed become discouraged workers, cease looking for work, and cease to be counted in the U.3 and U.6 measures of the unemployment rate.

The decline in the employment-population ratio from 63% prior to the 2008 downturn to 59% today reflects the growth in discouraged workers. Indeed, the ratio has not recovered its previous level during the alleged recovery, an indication that the recovery is an illusion created by the understated measure of inflation that is used to deflate nominal GDP growth.

Another indication that there has been no recovery is that Sentier Research’s index of real median household income continued to decline for two years after the alleged recovery began in June 2009. There has been a slight upturn in real median household income since June 2011, but income remains far below the pre-recession level.


ALL of it here
Virtual Economy?s Phantom Job Gains Are Based on Statistical Fraud -- Paul Craig Roberts - PaulCraigRoberts.org

 

[Bloodrock44]

And in those 55 months, people who have applied for 1st time unemployment benefits have outnumbered those gaining employment. Nice try Comrade.

Interesting stat. Can you point to the last month where that was not the case?

288,000 jobs created. 316,000 1st time unemployment claims. Look it up.

 

[PoliticalTorch]

Why You Don?t Know Obama Has Created 4.5 Million Jobs - The Daily Beast.

Fact.

President Obama has created over 4,000,000 jobs, with over 55-Straight Months of Job/Economic Growth.

Compared to the shrub's numbers. The former deserter-in-chief created 8.57 Million Jobs, but net loss of 7.121 Million Jobs Lost for net gain of 1.536 Million Jobs.

Over 1.5 Million Jobs were lost in the last full quarter (September, October, November and December) 2008. The shrub left office in January 2009.

Republicans continue to block President Obama's attempts on Infrastructure Jobs.

But when the number of Jobs created by President Obama is compared to Jobs created by bush, the stark truth is that that more jobs were created under Mr. Obama than under bush who left this country with a crippling National Debt and Two Illegal, Immoral and Unconstitutional War(s) that were fully paid for and were financed by continuing resolutions.

It's hard for Conservatives to give any credit to a hard-working Democratic president who creates jobs like President Obama. They are so against the president and apparently and sadly against jobs as well, that they neglect thanking the president for all he does for the country that keeps the country and its people employed as this report has brought out.

 

[LoneLaugher]

And in those 55 months, people who have applied for 1st time unemployment benefits have outnumbered those gaining employment. Nice try Comrade.

Interesting stat. Can you point to the last month where that was not the case?

288,000 jobs created. 316,000 1st time unemployment claims. Look it up.

No. When was the last month that 1st time jobless claims did not exceed jobs created?

By the way, that 1st time jobless claim is a weekly number. Yiu need to take four weeks. The number is currently more like 1,200,000 per month.

You are doing great!

 

[protectionist]

the only jobs Obama has created is MORE GOVERNMENT jobs YOU GET TO PAY FOR

Nothing wrong with creating govt jobs if they're the right kind of govt jobs. So what are the right kind, you ask ? How about >>

1. ICE agents

2. Border Patrol officers

3. Construction workers to build the Mexican border fence.

4. Immigration court personnel

5. Immigration jail personnel

6. Security guards for airports and ports.

Maybe if these were the govt jobs being created, we wouldn't have to ask TO WHOM are the new created jobs going ? Nor would we have to guess how many (most?) are going to illegal alien invaders and foreigners on work visas.

 

[ScreamingEagle]

Why You Don?t Know Obama Has Created 4.5 Million Jobs - The Daily Beast.

Fact.

President Obama has created over 4,000,000 jobs, with over 55-Straight Months of Job/Economic Growth.

Compared to the shrub's numbers. The former deserter-in-chief created 8.57 Million Jobs, but net loss of 7.121 Million Jobs Lost for net gain of 1.536 Million Jobs.

Over 1.5 Million Jobs were lost in the last full quarter (September, October, November and December) 2008. The shrub left office in January 2009.

Republicans continue to block President Obama's attempts on Infrastructure Jobs.

But when the number of Jobs created by President Obama is compared to Jobs created by bush, the stark truth is that that more jobs were created under Mr. Obama than under bush who left this country with a crippling National Debt and Two Illegal, Immoral and Unconstitutional War(s) that were fully paid for and were financed by continuing resolutions.

pretty clever guy.....taking old jobs and splitting them into two new jobs....

 

[Contumacious]

Fact.

President Obama has created over 4,000,000 jobs, with over 55-Straight Months of Job/Economic Growth..

“Creating Jobs”

By Eric Peters


I think a good measure is the extent to which office-seekers bray about “creating jobs.” In the first place, a politician no more creates jobs than a mule creates new mules. Politicians redistribute other people’s property. Qua Dr. Evil, it’s what they do."

.

 

[LoneLaugher]

You won't find one.

http://www.oui.doleta.gov/unemploy/wkclaims/report.asp

Bureau of Labor Statistics Data

 

[Claudette]

Well any jobs create are because the private sector has hired and I doubt the jackass in the WH has done much to make sure that happens.

Yep. He's a winner and I'm sure he appreciates all the Obamabots telling him how great he is.

LMAO

 

[Stephanie]

Well any jobs create are because the private sector has hired and I doubt the jackass in the WH has done much to make sure that happens.

Yep. He's a winner and I'm sure he appreciates all the Obamabots telling him how great he is.
LMAO

No kidding..it's beyond gag me with a spoon after watching it for six years

 

[Stephanie]

SNIP:

Unemployment drops to 0% as the last worker leaves the labor force

President Obama today became the first to achieve a milestone coveted by enlightened central planners everywhere, as the Bureau of Laborious Statistics announced the much-followed meaningless headline: "U3 unemployment rate for last month was ZERO PERCENT," which clearly implies that the glorious economic recovery he engineered after the disastrous Bush years has now resulted in full employment.

It appears that Professor Obama succeeded in finding the Holy Grail, which eluded history's greatest economic thinkers like Lenin, Stalin and Mao. This landmark achievement, along with his establishment of free healthcare for everyone via the Affordable Care Act, cements his reputation as the Greatest Leader in this or any other universe for all time.

The dramatic moment occurred at 12:03 PM, four weeks to the day after Lyman Yilk, a pipe-fitter from Bittcling, Pa, finally gave up looking for work.

Mr. Yilk has been unemployed since 2005, but was on a celebratory bender since the day after Mr. Obama's first election and failed to notice that the Keystone Pipeline (which Mr. Yilk was hoping to find work on) had been cancelled due to environmental concerns. When he finally sobered up four weeks ago and learned the project was dead, he abandoned his search to find a job.

all of it here
Unemployment drops to 0% as last worker leaves labor force

 

[pinqy]

And in those 55 months, people who have applied for 1st time unemployment benefits have outnumbered those gaining employment. Nice try Comrade.

Interesting stat. Can you point to the last month where that was not the case?

288,000 jobs created. 316,000 1st time unemployment claims. Look it up.

That's 288,000 net change in jobs from May to June. And 316,000 intitial claims during the week. Do you not understand the difference between net and gross? The 288,000 is the number of people hired minus the number of people leaving employment.