Since Liberals Ignored It, Let's Look at the Dept. of Labor-BLS Jobs Report for Last Month

[pinqy]

We had a net loss of manufacturing jobs under Obama, which had never happened before in any previous eight-year period.

You mean aside from the previous 8 years, and the 8 years before that? There were many many 8 year periods of net loss on manufacturing. A quick look at the graph shows that

The U-6 rate stayed historically high until the last year or so of Obama's presidency, when businesses knew he would soon be replaced.

Since the U-6 only goes back to 1994, “historically high” doesn’t mean much.

Wages have risen dramatically over the last 18 months, whereas wages were stagnant/flat-lined for six of Obama's eight years--again, until businesses knew they only had less than two years until he would be out of office.

Ok so your claim is the chang in wages was not due to supply and demand, but only dislike/distrust of Obama.

when Obama took office there were about 5 unemployed for every job opening
That went to 4 unemployed for every 3 job opening when he left office,
And for the last year there have been more job openings than unemployed.

I think supply and demand explain the increase in wages pretty well. You disagree?

No one president had ever presided over a net loss in manufacturing jobs before Obama. I wasn't talking about any random 8-year period but 8-year periods of two presidential terms of the same president.

Do we count Nixon/Ford as an 8-year period? That was a net loss in manufacturing
Reagan had a net loss on manufacturing, and so did both Bushes

Can't you just put on your big boy pants and admit that the U-6 has looked much better under Trump than it did under Obama? 1994 was 25 years ago. That's a pretty long time to measure something, wouldn't you say?

Compared to over 70 years of the U-3? No.
Where are you thinking I denied the U-6was better under Trump? As with the U-3, the U-6 hadn’t been going up under Obama and isn’t going down any faster under a Trump. Continuation of a trend,

Similarly, why can't you guys just admit--sheesh, just admit the fact--that wages are doing much better under Trump than they did under Obama? This fact won't go away just because it makes you guys uncomfortable.

I did admit that. I specifically said wages have been going up. I was disagreeing with your made-up reason why wages have been going up.

Oh, you really, really don't think that many businesses began to be more active in hiring and expanding during Obama's last two years precisely because they knew he would be out of office come January 2017?

I have no idea. What poll or study are you citing?

You don't think many businesses consider such a major factor as the business/economic views and policies of the president when deciding when and how to invest?? REALLY?

Of course they do. But is that the current case?
What evidence supports your claim?

I don't say this was the only factor, but I do say that for many businesses it was a huge factor.

No, you said it was the reason. Not “a reason” not “a major factor,” but the reason. The only one offered.

 

[BrokeLoser]

Here are some good articles on the fact that the economy is doing much better under Trump than it did under Obama:

The Obama Economy vs. the Trump Economy | Daniel J. Mitchell

Trump’s Economy Vs. Obama’s Economy

Unlike some conservatives, I believe that Obama did a decent job on the economy, better than Bush did, but Trump is doing much better than Obama or Bush did.

Did Trump start his presidency with an bad economy? I think not..

Since liberals showed zero interest in all the good economic news for March, let's look at the Department of Larbor's Bureau of Labor Statistics (BLS) jobs report for March. Here are some key highlights:

* The economy added 196,000 new jobs, in spite of all the cold weather and snow storms, etc.

* The change in jobs for January was revised up from +311,000 to +312,000, and the change for February was revised up from +20,000 to +33,000. I bet you never heard about those revisions on CNN, MSNBC, etc., etc.

* Employment in construction rose by 16,000 jobs, and has increased by 246,000 over the past 12 months.

* Among the major worker groups, the unemployment rates were as follows: adult men (3.6 percent), adult women (3.3 percent), teenagers (12.8 percent), Whites (3.4 percent), Blacks (6.7 percent), Asians (3.1 percent), and Hispanics (4.7 percent). These are historic lows for blacks, Hispanics, and women:

Unemployment rate of women in the U.S. 1990-2018 | Timeline

Why Credit for the Decline in Black Unemployment Goes to Trump, Not Obama | People's Pundit Daily

By the way, Hispanic unemployment never dropped below 5% before October 2017. Never.

Bureau of Labor Statistics Data

* In March, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent. Most of my pay raises have been 2.0-2.5%.

* Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $23.24 in March.

* The U-6 unemployment rate, aka the real unemployment rate, dropped again in March and is now down to 7.3%, down from 8.1% in January.

Table A-15. Alternative measures of labor underutilization

In fact, the U-6 rate is now lower than it was in 2005 and is approaching how low it was in 1999!

U6 Unemployment Rate

U6 Unemployment Rate | Portal Seven

I notice you didn't post jobs created?
So I guess you know Obama created more jobs in his last 2 years than the con did in his first 2?
And the economy is following Obamas graph since the depression?

My 15 year old daughter could have made the spread sheets look amazing with $10 trillion of other people’s money and while coming out of a recession.
Sustaining a booming economy and “full employment” is the real task. Anybody sane and not riding the Negroes nutsack is fully aware of this.

 

[ph3iron]

Here are some good articles on the fact that the economy is doing much better under Trump than it did under Obama:

The Obama Economy vs. the Trump Economy | Daniel J. Mitchell

Trump’s Economy Vs. Obama’s Economy

Unlike some conservatives, I believe that Obama did a decent job on the economy, better than Bush did, but Trump is doing much better than Obama or Bush did.

Did Trump start his presidency with an bad economy? I think not..

Since liberals showed zero interest in all the good economic news for March, let's look at the Department of Larbor's Bureau of Labor Statistics (BLS) jobs report for March. Here are some key highlights:

* The economy added 196,000 new jobs, in spite of all the cold weather and snow storms, etc.

* The change in jobs for January was revised up from +311,000 to +312,000, and the change for February was revised up from +20,000 to +33,000. I bet you never heard about those revisions on CNN, MSNBC, etc., etc.

* Employment in construction rose by 16,000 jobs, and has increased by 246,000 over the past 12 months.

* Among the major worker groups, the unemployment rates were as follows: adult men (3.6 percent), adult women (3.3 percent), teenagers (12.8 percent), Whites (3.4 percent), Blacks (6.7 percent), Asians (3.1 percent), and Hispanics (4.7 percent). These are historic lows for blacks, Hispanics, and women:

Unemployment rate of women in the U.S. 1990-2018 | Timeline

Why Credit for the Decline in Black Unemployment Goes to Trump, Not Obama | People's Pundit Daily

By the way, Hispanic unemployment never dropped below 5% before October 2017. Never.

Bureau of Labor Statistics Data

* In March, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent. Most of my pay raises have been 2.0-2.5%.

* Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $23.24 in March.

* The U-6 unemployment rate, aka the real unemployment rate, dropped again in March and is now down to 7.3%, down from 8.1% in January.

Table A-15. Alternative measures of labor underutilization

In fact, the U-6 rate is now lower than it was in 2005 and is approaching how low it was in 1999!

U6 Unemployment Rate

U6 Unemployment Rate | Portal Seven

I notice you didn't post jobs created?
So I guess you know Obama created more jobs in his last 2 years than the con did in his first 2?
And the economy is following Obamas graph since the depression?

My 15 year old daughter could have made the spread sheets look amazing with $10 trillion of other people’s money and while coming out of a recession.
Sustaining a booming economy and “full employment” is the real task. Anybody sane and not riding the Negroes nutsack is fully aware of this.

Bureau of labor spread sheets?
You only quote those that fit your small zero college made up mind.
We're talking the cons first 2 years being lower than Obamas last 2.
Not the recession O inherited.
Record deficits?
Record trade deficits?
Negroes nut sack? Say no more, white boy trump U?
Btw my daughter started a $150mm business under Obama
You?
All it needs is a few brains

 

[ph3iron]

196,000 jobs is a train wreck, it was while Obama was President
U3 and U6 are made up statistics by BLS. Our President has told us so.
The actual number of unemployed is 170 million Americans

Your lack of mathematical skills is frightening. Obama was starting with 10% unemployment so it was much easier to get higher numbers. You should sue U of Buffalo for their lack of education.

Your lack of mathematical skill is astounding

Obama came into office with an economy losing 750,000 jobs a month
Trump came in with an economy gaining 250,000 jobs a month

An advantage of a million jobs a month for Trump

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

 

[ph3iron]

Here are some good articles on the fact that the economy is doing much better under Trump than it did under Obama:

The Obama Economy vs. the Trump Economy | Daniel J. Mitchell

Trump’s Economy Vs. Obama’s Economy

Unlike some conservatives, I believe that Obama did a decent job on the economy, better than Bush did, but Trump is doing much better than Obama or Bush did.

Did Trump start his presidency with an bad economy? I think not..

Since liberals showed zero interest in all the good economic news for March, let's look at the Department of Larbor's Bureau of Labor Statistics (BLS) jobs report for March. Here are some key highlights:

* The economy added 196,000 new jobs, in spite of all the cold weather and snow storms, etc.

* The change in jobs for January was revised up from +311,000 to +312,000, and the change for February was revised up from +20,000 to +33,000. I bet you never heard about those revisions on CNN, MSNBC, etc., etc.

* Employment in construction rose by 16,000 jobs, and has increased by 246,000 over the past 12 months.

* Among the major worker groups, the unemployment rates were as follows: adult men (3.6 percent), adult women (3.3 percent), teenagers (12.8 percent), Whites (3.4 percent), Blacks (6.7 percent), Asians (3.1 percent), and Hispanics (4.7 percent). These are historic lows for blacks, Hispanics, and women:

Unemployment rate of women in the U.S. 1990-2018 | Timeline

Why Credit for the Decline in Black Unemployment Goes to Trump, Not Obama | People's Pundit Daily

By the way, Hispanic unemployment never dropped below 5% before October 2017. Never.

Bureau of Labor Statistics Data

* In March, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent. Most of my pay raises have been 2.0-2.5%.

* Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $23.24 in March.

* The U-6 unemployment rate, aka the real unemployment rate, dropped again in March and is now down to 7.3%, down from 8.1% in January.

Table A-15. Alternative measures of labor underutilization

In fact, the U-6 rate is now lower than it was in 2005 and is approaching how low it was in 1999!

U6 Unemployment Rate

U6 Unemployment Rate | Portal Seven

I notice you didn't post jobs created?
So I guess you know Obama created more jobs in his last 2 years than the con did in his first 2?
And the economy is following Obamas graph since the depression?

My 15 year old daughter could have made the spread sheets look amazing with $10 trillion of other people’s money and while coming out of a recession.
Sustaining a booming economy and “full employment” is the real task. Anybody sane and not riding the Negroes nutsack is fully aware of this.

Amusing, in all your cut and pastes you seem to have forgotten the dept of labor numbers on jobs
Bureau of Labor Statistics Data
As you would say
"I bet you never saw this on knees news"
(The more you watch, the more ignorant you get, - Canadian study)

 

[AzogtheDefiler]

Your lack of mathematical skills is frightening. Obama was starting with 10% unemployment so it was much easier to get higher numbers. You should sue U of Buffalo for their lack of education.

Your lack of mathematical skill is astounding

Obama came into office with an economy losing 750,000 jobs a month
Trump came in with an economy gaining 250,000 jobs a month

An advantage of a million jobs a month for Trump

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

 

[ph3iron]

196,000 jobs is a train wreck, it was while Obama was President
U3 and U6 are made up statistics by BLS. Our President has told us so.
The actual number of unemployed is 170 million Americans

And our resident trumpies never list the jobs report.
Bureau of Labor Statistics Data
Trump worse than Obama .
It's deep state data

 

[ph3iron]

Your lack of mathematical skill is astounding

Obama came into office with an economy losing 750,000 jobs a month
Trump came in with an economy gaining 250,000 jobs a month

An advantage of a million jobs a month for Trump

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

As the old joke
"If you are too dumb to get a real job, join the military.
Great socialist benefits"

 

[ph3iron]

Since liberals showed zero interest in all the good economic news for March, let's look at the Department of Larbor's Bureau of Labor Statistics (BLS) jobs report for March. Here are some key highlights:

* The economy added 196,000 new jobs, in spite of all the cold weather and snow storms, etc.

* The change in jobs for January was revised up from +311,000 to +312,000, and the change for February was revised up from +20,000 to +33,000. I bet you never heard about those revisions on CNN, MSNBC, etc., etc.

* Employment in construction rose by 16,000 jobs, and has increased by 246,000 over the past 12 months.

* Among the major worker groups, the unemployment rates were as follows: adult men (3.6 percent), adult women (3.3 percent), teenagers (12.8 percent), Whites (3.4 percent), Blacks (6.7 percent), Asians (3.1 percent), and Hispanics (4.7 percent). These are historic lows for blacks, Hispanics, and women:

Unemployment rate of women in the U.S. 1990-2018 | Timeline

Why Credit for the Decline in Black Unemployment Goes to Trump, Not Obama | People's Pundit Daily

By the way, Hispanic unemployment never dropped below 5% before October 2017. Never.

Bureau of Labor Statistics Data

* In March, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent. Most of my pay raises have been 2.0-2.5%.

* Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $23.24 in March.

* The U-6 unemployment rate, aka the real unemployment rate, dropped again in March and is now down to 7.3%, down from 8.1% in January.

Table A-15. Alternative measures of labor underutilization

In fact, the U-6 rate is now lower than it was in 2005 and is approaching how low it was in 1999!

U6 Unemployment Rate

U6 Unemployment Rate | Portal Seven

So why didn't you quote the dept of labor numbers that Obama created more jobs than the con?
Obamas Last 2 years v's the cons first 2
Bureau of Labor Statistics Data

 

[AzogtheDefiler]

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

As the old joke
"If you are too dumb to get a real job, join the military.
Great socialist benefits"

Yep

 

[Harpy Eagle]

Your lack of mathematical skill is astounding

Obama came into office with an economy losing 750,000 jobs a month
Trump came in with an economy gaining 250,000 jobs a month

An advantage of a million jobs a month for Trump

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

 

[AzogtheDefiler]

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I can go through the litany of things but mostly it is entitlements that he promised he would not touch and has not but as such we continue to run a deficit. Again it has been 2 yrs vs 8 so I am staying patient.

 

[ph3iron]

196,000 jobs is a train wreck, it was while Obama was President U3 and U6 are made up statistics by BLS. Our President has told us so. The actual number of unemployed is 170 million Americans

LOL! Yeah, okay. Thanks for sharing. Go get your brain reset so that the "Warning: Facts Being Presented" notice in your brain will turn off.

FYI, none other than Bernie Sanders has said that the U-6 is the most accurate measurement of the employment situation. He made this point several times during the 2016 primary.

I see, jobs created numbers by the dept of labor is deep state data.
I get it now

 

[Harpy Eagle]

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I can go through the litany of things but mostly it is entitlements that he promised he would not touch and has not but as such we continue to run a deficit. Again it has been 2 yrs vs 8 so I am staying patient.

So, now it is not about the military spending...how quickly that changed.

 

[AzogtheDefiler]

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I can go through the litany of things but mostly it is entitlements that he promised he would not touch and has not but as such we continue to run a deficit. Again it has been 2 yrs vs 8 so I am staying patient.

So, now it is not about the military spending...how quickly that changed.

No no it is. He is spending there vs the EPA and other nonsense but he is not curbing other places and that is my issue with him. I agree with you. Not sure what the laughing emojis are about?

 

[Harpy Eagle]

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I can go through the litany of things but mostly it is entitlements that he promised he would not touch and has not but as such we continue to run a deficit. Again it has been 2 yrs vs 8 so I am staying patient.

So, now it is not about the military spending...how quickly that changed.

No no it is. He is spending there vs the EPA and other nonsense but he is not curbing other places and that is my issue with him. I agree with you. Not sure what the laughing emojis are about?

They are about your sudden shift away from military spending

 

[ph3iron]

He spent $10trn to do so. LOL. Again your math skills are terrible. There is a smaller pool now so the growth won’t be as large. All BHO did was lower borrowing costs...once he could not do that anymore he just spent and sat on his hands.

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I feel better now.
Have you researched the total cost of our military paranoia?
It's 1/2 our discretionary spending.
That's why we have lousy health care, schools and roads
Ever driven in Europe?

 

[AzogtheDefiler]

How is that different than Trump and his more than 2 trillion added to the debt?


Sent from my iPhone using USMessageBoard.com

It’s for different reasons but not much different. I am Disappointed in the current administration and their lack of fiscal focus.

Amazing , Obamas deficits are catastrophic, the cons are for different reasons!!
Terrific indoctrination

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I feel better now.
Have you researched the total cost of our military paranoia?
It's 1/2 our discretionary spending.
That's why we have lousy health care, schools and roads
Ever driven in Europe?

I like my healthcare and schools and roads. Property Taxes pay for schools. A lot fewer people drive in Europe. False equivalency. Plus Europe is becoming a damn caliphate. Pass! With a capital P

 

[AzogtheDefiler]

It is..Trump is spending on military. Obama spent on odd shit.

The additional military spending accounted for less than 20% of the deficit last year

I can go through the litany of things but mostly it is entitlements that he promised he would not touch and has not but as such we continue to run a deficit. Again it has been 2 yrs vs 8 so I am staying patient.

So, now it is not about the military spending...how quickly that changed.

No no it is. He is spending there vs the EPA and other nonsense but he is not curbing other places and that is my issue with him. I agree with you. Not sure what the laughing emojis are about?

They are about your sudden shift away from military spending

It’s not a shift. I just Didn’t want to go into it line item by line item. Military spend was just an example.

 

[ph3iron]

196,000 jobs is a train wreck, it was while Obama was President U3 and U6 are made up statistics by BLS. Our President has told us so. The actual number of unemployed is 170 million Americans

LOL! Yeah, okay. Thanks for sharing. Go get your brain reset so that the "Warning: Facts Being Presented" notice in your brain will turn off.

FYI, none other than Bernie Sanders has said that the U-6 is the most accurate measurement of the employment situation. He made this point several times during the 2016 primary.

U6 is Fake News
Our President told us so
Bernie Sanders is a commie
Our President told us so

Yet even that commie admits that the U-6 is the most accurate measurement of employment, because it considers not just the unemployed but also the partially unemployed, the underemployed, etc.

The real number of unemployed is over 50 percent.

LOL! Uh, yeah. Okay. You bet. Of course it is. Pray tell, if it's 50% now, what was it under Obama? 60%?!! Wing nutty.

Like I said, go hook yourself back up to your brainwashing machine for a reset to clear the "Warning: Facts Being Presented" notice that went off when you read the OP.

Just read the deep state labor bureau stats.
Simple really
Bureau of Labor Statistics Data