Posted on 12/27/2016 10:30:46 AM PST by james59
When President Obama took office, the economy was losing 800,000 jobs per month. Today, we are in the midst of the longest streak of job growth on record. U.S. businesses have added 15.6 million jobs since early 2010. The unemployment rate has been cut by more than half from its peak. Rising home prices have brought millions of homeowners back above water. Were less reliant on foreign oil than we have been in nearly three decades. Weve cut our budget deficit by two-thirds as a share of the economy. Last year, the poverty rate fell by more than any year since 1968, and median household income rose at the fastest rate on record, with the typical family earning an additional $2,800. Thats a record of progress.
USA Today fails to mention the majority of those jobs were not in the U.S.
I seem to remember reading several places that appoximately 100% of the “new jobs” were part-time. And that approximately 100% of them had been taken by illegal invaders.
Who knew we needed 15 million waiters ad bartenders?
Actually, the number is about 1/4 or less and all the jobs involve the phrase “You want fries with that?”
Same here but the guy lives in New Jersey and works part time at Home Depot.
And how many jobs have been lost in that time period?
Beat me to it.
However, 94% of them are part-time.
LINK: https://data.bls.gov/timeseries/LNS15000000
Notice how US News “missed” how 14.5 million have been added to the “not in the labor force.”
Not in the labor force
80.529 million - Jan 2009
95.055 million - Nov 2016
I’m only getting half of the story.
Totally fake numbers. Obama BS.
IIRC, it takes something like 250,000 jobs a month just to break even.
There have been very few months in the past 8 years where more jobs were created than those lost or dropped out of the workforce.
And that doesn’t count Boomers retiring.
More like 10 million with 94% of them MacDonald type jobs...that = 600,000 real jobs for his whole term - in a healthy economy it would be lopsided in the other direction.
This is a perfect example of how you lie by using the truth.
Why not just tell the truth, and claim he added eleven-ninety gazillion jobs.
Watch for the renewal of “McJobs” on January 21st.
More FAKE NEWS! HEHNHEH
How come we have 94 million out of work, college grads can’t find a job, living with their parents, people who WERE on the unemployment rolls, were dropped from that agency and NO LONGER counted as unemployed, their are existing in the either zone, so Obama’s administration cannot count them. How Many? I do not know. So How Could
his 8 years in office have the longest streak of job growth.
Under Obama, we lost 14 million jobs.
MORE LATER
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