How's that stimulus working out for you all? Here is what has been happening with Biden's 3-letter word last year:
January US jobs lost: 598,000 jobs4+ million fewer jobs to lose, and that's neglecting the corrections that were made to the jobs numbers from last year that showed even bigger losses. Recall that the stimulus package was supposed to stop the unemployment rate at 8%! A crisis could become a calamity? Remember that? Here's how that looks (via Michael's Comments):
February US jobs lost: 706,000 jobs
March US jobs lost: 742,000 jobs
April US jobs lost: 545,000 jobs
May US jobs lost: 345,000 jobs
June US jobs lost: 467,000 jobs
July US jobs lost: 247,000 jobs
August US jobs lost: 216,000 jobs
September US jobs lost: 263,000 jobs
October US jobs lost: 190,000 jobs
November US jobs lost: 11,000 jobs
December US jobs lost: 85,000 jobs
January US jobs lost: 20,000
February US jobs lost: 30,000
March US jobs lost: -162,000
April US jobs lost: -290,000
Total US jobs lost under Obama: 4,013,000 jobs
Note that the blue lines are the numbers that Obama's team came up with. So the actual unemployment rate is not only worse that what would happen with porkulus, but even worse than was predicted without it. And the jobs picture:
From the AP, which went with only the positive news in the headline, via The Detroit News: Employers add 290,000 jobs in April
Employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as people streamed back into the market looking for work.That's a curious sentence, no? The jobless rate rose as people streamed back into the market? But that's how Enron-style unemployment accounting works. Those that fall off unemployment roles are not counted. A chunk of those jobs increases, however, were not in the private sector:
The government says the hiring of 66,000 temporary government workers to conduct the census helped overall payroll growth last month.






Typical right wing response. "We ought to be doing nothing." It's nice to try and spin numbers, disregarding the jobs created by the stimulus as well. Gee, maybe your corporate overlords will show mercy on you if you report bad things about the Democratic party..lol.
ReplyDeleteBiggest job growth in 4 years. Unemployment is rising because people are entering back into the job market. The moonbattery knows apparantly the right wing as well. Way to come into the moonbat fold.
ReplyDeleteWe are now starting to see the change Obama is talking about: just take a look what is happening in Greece!
ReplyDeleteMy "corporate overlords" who laid me off two months ago were Democrat douchebags. And Census "jobs" are temporary gigs; would you take one if you were out of work? It probably would pay you less than unemployment. They are not real jobs, in spite of what the numbers may say.
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