Check column 7 will he mention in his State of You'n Us speech the massive loss of jobs while he was ignoring the economy to force Obamacare on our Republic? If you take into account the 2007 number of Employed full time 121621 [thousands] Obama's job creation numbers are negative.
The table attempts to bring together numerous federal gov't sources.
The hyperlinks do not work here. Use this FR thread for the sources to keep this reply from being even bigger. here.
The data are annualized except when noted otherwise. All are monthly or quarterly. I use the last month / quarter of the year.
Taking into account the year preceding the administrations, compare the first six years of Reagan and Obama. Examples: using these spread sheet formulas:
(1986 value - 1980 value) / 1980 value and
(2014 value - 2008 value) / 2008 value
I get
If you take into account the 2007 number of Employed full time 121621 [thousands] Obama's number would be negative. About all that happened is despite Obama most of the jobs lost in the first few years of his admnistration were recovered by the end of 2014.
Gee. How come Obama had such big decreases in (Col 9.) Unemployed and (Col 10) Unemployed looking for full-time work? Guess.
Col 11 and Col 12 are the Unemployment rate and Unemployment rate of the full-time labor force, respectively. The rest of the columns are:
No Reagan years and includes Bush with Obama,
Simple addition of GDP percentages divided by six
Simple addition of GDP Personal consumption expenditures (PCE) percentage of GDP divided by six, seasonally adjusted at annual rates
In a consumer economy this is a critical factor. Consumption for personal goods and services. Thank goodness for Obamacare. :(
| Year |
|---|
| 1980 |
| 1981 |
| 1982 |
| 1983 |
| 1984 |
| 1985 |
| 1986 |
| 1987 |
| 1988 |
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| 2011 |
| 2012 |
| 2013 |
| 2014 |
| Year |
| 2. |
|---|
| 168693 |
| 170990 |
| 173046 |
| 174950 |
| 177133 |
| 178941 |
| 181365 |
| 183467 |
| 185253 |
| 232937 |
| 234825 |
| 236739 |
| 238712 |
| 240431 |
| 244169 |
| 246564 |
| 248843 |
| 2. |
| 3. |
|---|
| 107442 |
| 109057 |
| 110959 |
| 112160 |
| 114257 |
| 116211 |
| 118587 |
| 120593 |
| 122488 |
| 153645 |
| 154723 |
| 153591 |
| 153803 |
| 153995 |
| 155450 |
| 154989 |
| 156258 |
| 3. |
| 4. |
|---|
| 63.7 |
| 63.8 |
| 64.1 |
| 64.1 |
| 64.5 |
| 64.9 |
| 65.4 |
| 65.7 |
| 66.1 |
| 66.0 |
| 65.9 |
| 64.9 |
| 64.4 |
| 64.0 |
| 63.7 |
| 62.9 |
| 62.8 |
| 4. |
| 5. |
|---|
| 99499 |
| 100077 |
| 99120 |
| 102588 |
| 105944 |
| 108023 |
| 110492 |
| 113527 |
| 115947 |
| 146272 |
| 144091 |
| 138368 |
| 139155 |
| 140669 |
| 143303 |
| 144205 |
| 147344 |
| 5. |
| 6. |
|---|
| 59.0 |
| 58.5 |
| 57.3 |
| 58.6 |
| 59.8 |
| 60.4 |
| 60.9 |
| 61.9 |
| 62.6 |
| 62.8 |
| 61.4 |
| 58.4 |
| 58.3 |
| 58.5 |
| 58.7 |
| 58.5 |
| 59.2 |
| 6. |
| 7. |
|---|
| 82648 |
| 82799 |
| 80606 |
| 83997 |
| 87458 |
| 89259 |
| 91297 |
| 93914 |
| 95927 |
| 121621 |
| 118281 |
| 110906 |
| 111655 |
| 113269 |
| 115610 |
| 116826 |
| 119707 |
| 7. |
| 8. |
|---|
| 16843 |
| 17262 |
| 18409 |
| 18556 |
| 18487 |
| 18778 |
| 19194 |
| 19660 |
| 20053 |
| 24727 |
| 25836 |
| 27423 |
| 27444 |
| 27355 |
| 27684 |
| 27378 |
| 27657 |
| 8. |
| 9. |
|---|
| 7943 |
| 8981 |
| 11839 |
| 9572 |
| 8312 |
| 8188 |
| 8095 |
| 7066 |
| 6541 |
| 7374 |
| 10633 |
| 15223 |
| 14649 |
| 13326 |
| 12146 |
| 10784 |
| 8914 |
| 9. |
| 10. |
|---|
| 6612 |
| 7491 |
| 10111 |
| 8017 |
| 6891 |
| 6697 |
| 6586 |
| 5635 |
| 5236 |
| 6009 |
| 9009 |
| 13444 |
| 12867 |
| 11521 |
| 10338 |
| 9171 |
| 7478 |
| 10. |
| 11. |
|---|
| 7.4 |
| 8.2 |
| 10.7 |
| 8.5 |
| 7.3 |
| 7.0 |
| 6.8 |
| 5.9 |
| 5.3 |
| 4.8 |
| 6.9 |
| 9.9 |
| 9.5 |
| 8.7 |
| 7.8 |
| 7.0 |
| 5.7 |
| 11. |
| 12. |
|---|
| 7.4 |
| 8.3 |
| 11.1 |
| 8.7 |
| 7.3 |
| 7.0 |
| 6.7 |
| 5.7 |
| 5.2 |
| 4.7 |
| 7.1 |
| 10.8 |
| 10.3 |
| 9.2 |
| 8.2 |
| 7.3 |
| 5.9 |
| 12. |
| 13. |
|---|
| 61252 |
| 61933 |
| 62087 |
| 62790 |
| 62876 |
| 62730 |
| 62778 |
| 62874 |
| 62765 |
| 79291 |
| 80102 |
| 83148 |
| 84908 |
| 86436 |
| 88719 |
| 91575 |
| 92584 |
| 13. |
| pop. |
|---|
| 227220 |
| 229470 |
| 231660 |
| 233790 |
| 235820 |
| 237920 |
| 240130 |
| 242290 |
| 244500 |
| 301230 |
| 304090 |
| 306770 |
| 309330 |
| 311590 |
| 313910 |
| 316160 |
| 319470 |
| pop. |
| labor1 | labor1 | |
|---|---|---|
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| 123524 | 22810 | |
| 121211 | 22138 | |
| 116663 | 21290 | |
| 117006 | 22153 | |
| 118033 | 22647 | |
| 119844 | 23216 | |
| 120636 | 23787 | |
| 122558 | 24890 | |
| labor1 | labor1 | |
| force | force | |
| domestic | foreign | |
| born | born | |
| [1000s] | [1000s] |
| PR2 |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 68.2 |
| 67.9 |
| 67.2 |
| 67.8 |
| 67.4 |
| 66.4 |
| 66.1 |
| 65.9 |
| PR2 |
| UR2 |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 4.7 |
| 7.6 |
| 11.0 |
| 10.6 |
| 8.8 |
| 8.0 |
| 6.5 |
| 5.3 |
| UR2 |
| income3 |
|---|
| 47,668 |
| 46,877 |
| 46,751 |
| 46,425 |
| 47,866 |
| 48,761 |
| 50,488 |
| 51,121 |
| 51,514 |
| 56,436 |
| 54,423 |
| 54,059 |
| 52,646 |
| 51,842 |
| 51,759 |
| 51,939 |
| N |
| income3 |
| median income |
| Recession |
|---|
| Jan to Jul '80 |
| Jul 1981 to |
| Nov 1982 |
| - |
| - |
| - |
| - |
| - |
| - |
| Dec 2007 |
| to |
| Jun 2009 |
| - |
| - |
| - |
| - |
| - |
| Year |
|---|
| 1980 |
| 1981 |
| 1982 |
| 1983 |
| 1984 |
| 1985 |
| 1986 |
| 1987 |
| 1988 |
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| 2011 |
| 2012 |
| 2013 |
| 2014 |
| Year |
| GDP |
|---|
| -0.2 |
| 2.6 |
| -1.9 |
| 4.6 |
| 7.3 |
| 4.2 |
| 3.5 |
| 3.5 |
| 4.2 |
| 1.8 |
| -0.3 |
| -2.8 |
| 2.5 |
| 1.6 |
| 2.3 |
| 2.2 |
| 5 |
| GDP |
| % chg |
| PCE |
|---|
| 3.32 |
| -1.8 |
| 4.51 |
| 4.06 |
| 3.29 |
| 0.62 |
| 1.62 |
| 0.57 |
| 2.93 |
| 0.34 |
| -3.16 |
| -0.01 |
| 2.79 |
| 0.94 |
| 1.32 |
| 2.51 |
| 2.21 |
| PCE |
| U-6 |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 8.8 |
| 13.6 |
| 17.1 |
| 16.6 |
| 15.2 |
| 14.4 |
| 13.1 |
| 11.2 |
| U-6 |
| U-2 |
|---|
| 3.9 |
| 4.8 |
| 6.4 |
| 4.5 |
| 3.7 |
| 3.4 |
| 3.3 |
| 2.6 |
| 2.5 |
| 2.5 |
| 4.3 |
| 6.3 |
| 5.7 |
| 4.9 |
| 4.2 |
| 3.5 |
| 2.8 |
| U-2 |
| SSDI |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 823,106 |
| 895,011 |
| 985,940 |
| 1,052,551 |
| 1,025,003 |
| 979,973 |
| 884,894 |
| 810,973 |
| SSDI |
1labor: If second labor column (foreign born) is not shown hover the labor (domestic numbers) for foreign born numbers.
Source: to find the tables go here Data Retrieval: Labor Force Statistics (CPS)
HOUSEHOLD DATA Table A-7. Employment status of the civilian population by nativity and sex, not seasonally adjusted [Numbers in thousands]
Employment status and nativity. Then
Scroll down to "Retrieve Data"
The data that I include above are from the month of December except for 2014 where November is the last month with data available.
2 PR Civilian labor force participation rate, foreign born and UR unemployment rate, foreign born. See 1 for source.
3income: For the Census Bureau income data go here. Choose "Consumer Income Reports (P60)" then choose "P60-249 Income and Poverty in the United States: 2013" (pdf file).
It enrages me how Obama’s bureaucrats are able to manipulate statistic with impunity, and the media cooperates spreading the lies. Remember during the 2012 election, the media was awaiting with baited breath the unemployment numbers? Suddenly, they announced that employment had improved “far beyond expectations.” The former CEO of GE, Jack Welch, wrote an editorial calling them liars to their faces. It didn’t matter. Then, 2 months later the BLS “revised” their statistics, again.
We have been in free fall since the late 70's. The decline didn't start with Obama, but he sure is trying to make it worse.
Global wage arbitrage, immigration, trade policies, globalization, debt spending, more government...etc..
Looking back, we will see that a middle class was a oddity in history. The polices of the GOP and the Dems will not solve our current problems...They have been at the root of it.