Graph: 7.2 million private sector jobs added in the past 40 months

[Playinghardball]

Found on the ObamaDiary

[The Midway Rebel]

1. Propaganda

More Americans are working minimum wage, low wage and part-time jobs than ever. There is no recovery.

http://www.dailykos.com/story/2013/07/06/1221657/-Jobless-Numbers-tell-Half-the-Story#

[bhikkhu]

13. The BLS publishes the "average work week numbers", which is a good way to look at that

...as far as the amount of hours people are working, its kind of like everything else: its much much better than the mess Obama inherited, its not bad as far as the averages for the past couple of decades, but it could be a bit better.

Anyone who can say "there is no recovery" is either a republican (saying it as a matter of anti-obama "no good news allowed" policy), or was simply paying no attention in the actual recession. Recession is when the economy is contracting. Recovery is when the economy is growing. The economy was in freefall when Obama came into office, but it has been growing slowly and steadily (recovering) since the stimulus package was passed. As always, the recovery could be better, but it is what it is. If you want to blame someone, blame the repugs who insisted on a smaller than necessary stimulus, then sunk every single jobs and infrastructure program the democrats came up with.

[HiPointDem]

15. that's average hours for those who are working, not for the population as a whole. there are

fewer jobs today that when bush took office.

[bhikkhu]

16. bush had 8 years to screw things up

and then throughout that period manufacturing employment continued its decades long job-loss trend. Considering the progress in technology and the automation of production, that's likely to be an ongoing problem that the next president will have to struggle with, and the one after that, and the one after that, and so on.

But aside from that, its the public sector that has mostly suffered lately, and that is mostly at the hands of republicans in congress and at the state level. A good general article here: http://economistsview.typepad.com/economistsview/2013/04/public-and-private-sector-payroll-jobs-bush-and-obama.html

As the OP says, the private sector has been doing well, and 7 million new jobs is nothing to dismiss as insignificant (even if you do dismiss it as insufficient).

[HiPointDem]

17. and at that rate it will take another 40 months (over 3 years) to get to 5.9% UE.

http://www.frbatlanta.org/chcs/calculator/

[bhikkhu]

18. It was always predicted that the recovery would take a long time

3 more years of steady improvement are a whole lot better than many alternatives.

The initial estimates, during the crash, of the time it would take to bring the unemployment rate down (the famous graphic where it was back down to 5% at the end of this year) had three problems; it assumed that the stimulus package would be passed immediately (it took three months to get passed), economists didn't have an accurate measure of GDP to see how bad things actually were (things were worse than anyone thought), and then congress went completely dysfunctional so no additional jobs-generating legislation was able to be passed.

If the democrats could pass the American Jobs Act today, that would be 1.5 million jobs. If the sequester were reversed, that would be over a million jobs...and so forth. If we elect a bunch more repugs in 2014, 5.9% may turn out to be an unreachable goal.

[Scurrilous]

2. K & R

[Boom Sound 416]

3. Reading some birthrate stats

It's anywhere from 80 to 250 thousand jobs a month to pace the birth rate

So at say 125 thousand at 40 months is 5 million jobs required.

Is there a shrug shoulders smilie?

[Fla_Democrat]

6. This one?

Is there a shrug shoulders smilie?



One of my favorites.

along with..




(at one time, not so much now)

and......

[Boom Sound 416]

7. All I can say is

[Fla_Democrat]

12. I forgot that one

Thanks for reminding me.

[Cali_Democrat]

4. Fucking Obama. n/t

[leftstreet]

5. Part-time? Full-time? What's the pay? Union - yes, no?

What are the job loss stats?

[mick063]

8. Wrong graphic

Show the one that matters.


As long as the horde of "working poor" exists, this graphic doesn't mean shit.

[TroglodyteScholar]

9. I remember back in '09 when this was affectionately referrerd to as "the bikini chart."

It paints a compelling picture today, but one that rightwingers in congress will wilfully ignore in order to keep selling their pack of lies to their minions.

[Harmony Blue]

10. Now we need the corporations that are sitting on hordes of cash

due to "uncertainty" to get off the sidelines and start adding full time jobs. The addition of part time jobs in the short term has helped the economy but long term full time jobs needs to be added for it to be a true full fledged recovery.

[SidDithers]

11. What is "something you'll never read in a Greenwald column"?...

/Carnac

Sid

[DevonRex]

14. You win!