and the pace of job creation has markedly slowed in 2019 ...
Summary: Average monthly net new jobs created
221,000 Obama's last 29 months
194,000 Trump's 29 months (February 2017 through June 2019)
172,000 2019 so far (January through June)
144,000 February through June 2019
From G_j: https://www.democraticunderground.com/100212250349
which links to: https://www.forbes.com/sites/chuckjones/2019/07/05/trump-is-falling-almost-1-million-jobs-short-vs-obama
Comparing Trump's 29 months with Obama's last 29 months
Working back from January 2017, Obamas last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.
Note that back in January this year the total difference was only 194,000, which means over the past five months it has increased by 616,000.
Yes, there's been quite a slowdown so far this year (the 6 months January through June), just 172,000 per month average, compared to 223,000 per month average in all of 2018.
For the 5 months February through June of 2019, it's been only 144,000 per month average.
Monthly changes: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
Edited to add:
And yes yes, the unemployment rate is at about 50 year lows, but note that the prime age (25-54) labor force participation rate is below the pre-Great Recession average, going back to about 1987.
in case you think something looks different than the previous time you looked at it, but aren't sure what. Something to get an idea of DU poll movements in between EarlG's excellent reports
The below URL shows a calendar of all the snapshots. Scroll down a little ways to the calendar with the shaded blue dots - these are dates you can click on to see the snapshot on that date.
Unfortunately, DU software breaks the below URL into 2 pieces. You will have to copy the entire line below and paste it into your browser's Address bar:
This one is the June 26 snapshot (simply clicking on it works) :
I did a snapshot of June 26 (10:21 am, before the first debate) and then writing down what I see today, July 1
Below is the June 26 order. The July 1 order is the same except that Buttigieg and Sanders have switched places. Sorry, just doing the first 7. The rest are 1% and less.
16 17 Warren
14 13 Biden
10 10 Harris
8 7 Buttigieg (now 5th place)
8 8 Sanders (now 4th place)
2 2 O'Rourke
2 2 Inslee
Edited to clarify the shapshot URLs
Edited to add a pointer to EarlG's latest report, posted in this Democratic Primaries Forum on June 28:
so as to see the trends back to the beginning and see the 1 percenters too.
Profile InformationGender: Male
Member since: Sat Jan 1, 2005, 03:45 AM
Number of posts: 10,825
About progreeThanks for all the good wishes. A wellness check was done several days ago My next door neighbor of 43 years is looking out for me
- 2023 (29)
- 2022 (33)
- 2021 (21)
- 2020 (20)
- 2019 (3)
- 2018 (8)
- 2017 (2)
- 2016 (6)
- 2015 (9)
- 2014 (10)
- 2013 (7)
- 2012 (6)