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Bill USA

(6,436 posts)
Thu Jan 19, 2017, 06:36 PM Jan 2017

Obamas Criminally Underrated Jobs Record. Since DT said there r no jobs in '15, jobs grew 3 Mil

President Obama’s Criminally Underrated Jobs Record


[font size="3"]Since Donald Trump said “there are no jobs” in 2015, the U.S. has created 3 million of them[/font]

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This wasn’t true then. But it’s even less true now. Here’s a brief tour of economic developments since Trump’s June 2015 address:

Jobs

Since June 2015, the economy has created more than 3.2 million jobs— more than the number of jobs in 38 separate states and roughly equal to the number of workers in states like Massachusetts or Washington. In the last 15 months, the labor force has added another Bay State.

When Barack Obama took office, the unemployment rate was passing 8 percent on its way to 10 percent. But U.S. unemployment has now been at 5 percent or below every month for a full year.

The economy created 11 million jobs under President Obama, which is (literally) quasi-infinitely more than the number of jobs created under President George W. Bush, since his jobs created total was about 400,000 below zero. The economy has now added jobs for 73 consecutive months, a record.

https://lh3.googleusercontent.com/zpSu03AUqtVVeUeP_GxIuSKcoTKUw3ZP6GQCv1g9sPUUM2vZPO4VbXiDRvdPQMzMft8UJ-_8bsfe9bjcjgNLXjgeX-o0DjXDvRK1yY2JLkXj3a5GVOQIitkPNusVdZa_ujAgCnNz

Wages

Median household incomes jumped by 5.2 percent in 2015, the year Trump made his comments. That was fastest rate on record, according to the U.S. Census.

Real Growth in Household Income
https://lh5.googleusercontent.com/thZcAmy5tGxxOec8R889QIW9O2ozs2MSASRdCLWUxvemVbp-8xxg-vSYWy_9a3O9bQ0CEkNYh846hSwIn9LAKN3NanLxgrj6cpg4sPcdkwz-LQxQLjSTqpTCqrX4u6Dl_K_Dnv4K
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