Perspective. We averaged +20,000 jobs during Bush's 96 months in office

[scheming daemons]

If you are generous and eliminate Bush's disastrous final year in office, we averaged +65,000 jobs per month for his first 84 months.


Today we got a report that August generated +96,000 jobs. Nearly five times better than Bush's average, and 50% better than his average that discounts his final year.


Another thing... this is the best August number since 2006.


As for the 358,000 that "left the workforce". Baby boomers just started turning 65 last year. We are going to *AVERAGE* 250,000 baby boomers retiring, and thus leaving the workforce, for the next two decades.

In addition, hundreds of thousands of 18-24 years olds "left the workforce" in August. Why? Because they quit their summer jobs to go back to college.

The 358,000 leaving the workforce is not a sign of anything more than summer ending and more baby boomers retiring.



In two weeks, the only thing people will notice is the rate is 8.1%.

[livetohike]

1. Thanks for this. Do you have a link, or links that you got the numbers from?

I am in a FB messaging feud with an old friend, who may become a former friend if I don't get through his thick skull soon.

[scheming daemons]

2. Did the math on my calculator. Go to Bureau of Labor Statistics. They have all the numbers going

back decades.

[livetohike]

8. Thanks!

[jmowreader]

3. Look at Bush's first 48 months

Bush created under 10,000 jobs in his first term.

All the 'no president has been reelected with (fill in your favorite negative economic statistic) ignores history: Bush had numbers that made Hoover look good, and he got reelected.

Comparative analysis: at 90k jobs/month, Obama's jobs creation does in nine days what Bush did in four years.

[onecent]

4. K & R 1000 TIMES....n/t

[Skittles]

5. comparing to bush is pretty low fucking bar

the jobs situation SUCKS and it's pathetic trying to window-dress this issue

[MANative]

6. For anyone who's interested, here's a link

http://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth

When I ran the numbers in Excel, I came up with a little different result - 30,900 monthly average. Either way, it's a pretty pitiful number.

[panader0]

7. Rec'd

[spanone]

9. who is this mysterious 'bush' person you speak of? when in our history did he exist?

[tabasco]

11. LOL!

Disappeared by the puppetmasters!

[tabasco]

10. Yah, but that "librul" right-wing-owned media is all gloom and doom

Funny how that works.