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Related: About this forumChart: May Jobs Report - Bikini Graph
May Marks 27 Consecutive Months of Private Sector Job Growth
June 1, 2012, the Department of Labor announced that the economy added 69,000 jobs in May, and the unemployment rate rose to 8.2 percent. Approximately 82,000 new jobs were created in the private sector, marking the 27th consecutive month of private sector job growth. -snip-
http://www.democraticleader.gov/blog/?p=5137
http://www.democraticleader.gov/blog/?p=5137
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Pelosi Statement on May Jobs Report
June 01, 2012
Washington, D.C. - Democratic Leader Nancy Pelosi released the following statement today after the Department of Labor announced that the economy added 69,000 jobs in May and the unemployment rate rose to 8.2 percent. With private businesses adding 82,000 jobs, this marks the 27th consecutive month of private sector job growth:
"Today's report makes clear that we have more work to do to restore security and opportunity for the middle class. With only 42 legislative days remaining in this Congress, Republicans must listen to the American people, who are demanding immediate action.
"America's workers and small businesses demand certainty; yet Republicans are risking another deep recession by threatening to hold the full faith and credit of the United States of America hostage and refusing to bring to the floor a vote on the middle-income tax cuts. The American people's top priority remains job creation; yet Republicans have no jobs plan. Their only plan is to hand more tax breaks to millionaires, Big Oil, special interests, and corporations that ship jobs overseas.
"Democrats have put our proposals for jobs and middle class tax cuts on the table. The time is now for Republicans to join us in moving forward on behalf of the middle class."
http://www.democraticleader.gov/news/press?id=2638
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Chart: May Jobs Report - Bikini Graph (Original Post)
Tx4obama
Jun 2012
OP
iemitsu
(3,888 posts)1. i love the moniker "bikini graph".
it made me open this thread.
SoutherDem
(2,307 posts)2. Yet, this is considered bad new???
To hear the news and Republicans May's unemployment numbers were of historic lows compared only to that of the Great Depression.
We are doomed, DOOMED I tell you, has been their cry.
As long as we allow them to turn positives into negatives we are in trouble.
MannyGoldstein
(34,589 posts)3. How about adjusting that graph for population growth?
I'm guessing not, but a boy can try, can't he?
Tx4obama
(36,974 posts)4. The graph shows NUMBER of JOBS - it has nothing to do with 'population' n/t
MannyGoldstein
(34,589 posts)5. What if we had a graph of average wages over time
Not adjusted for inflation? Useless, I think.
People don't care about the number of jobs. They care about how easy it is to be unemployed. And it's easier to be unemployed this month than it was last month, because the number of jobs created in the last month was half the number needed to break even after accounting for population growth.
Tx4obama
(36,974 posts)6. Here's a link to the Contact page of the folks at the website that released the graph