« That explains why the DNC protesters were so well-behaved... | Main | Ukraine Court Orders New Run-Off Election »

On The Job

With today's release of the November jobs figures, the Bush administration has hit the "even jobs" mark for their first term.

Total nonfarm payroll employment (seasonally adjusted) in January 2001 when George Bush took office in Jan 2001 according to the BLS was 132,167 million jobs and today that number stands at 132,075 million jobs, making Bush effectively "even jobs" in his first term, with two months left to go in the term.

In their third debate, John Kerry trotted out this tired charge:

"President Bush is the only US President in 72 years to lose jobs -- 1.6 million jobs lost."
You know what they say; "there's lies, damn lies, and statistics."

December's numbers will make Bush "plus jobs" for his first term - yet another reason that there will be a second term...

[Note - This idea was shamelessly stolen from Paul]


TrackBack

Listed below are links to weblogs that reference On The Job:

» ISOU linked with Daily Read - Midday Edition

» Vox Baby linked with The Employment Situation: November

» Young Pundit linked with Election Politics

» Rip & Read Blogger Podcast linked with Rip & Read Blog Podcast for December 4, 2004

Comments (11)

It's almost better that dur... (Below threshold)
andre3000:

It's almost better that during the election we had a net loss of jobs. Imagine if Bush were running on having created 50,000 jobs in just four years...

If this pathetic performanc... (Below threshold)
NeilS:

If this pathetic performance is what Republicans call a good economy, then we are all in trouble.

Other then White House staf... (Below threshold)

Other then White House staff, how much control does the President really have on the job market?

Exactly.


Jason

NeilS -Well, if it... (Below threshold)
JLawson:

NeilS -

Well, if it hadn't been for that little speedbump called 9/11, and the fact that we were slipping into a recession BEFORE Bush took office, you might have a point.

As it is, you're just plain blunt.

J.

Well, he's still 92,000 job... (Below threshold)
jayarbee:

Well, he's still 92,000 jobs short; so he hasn't made it to even yet. More to the point, though, due to pupulation growth more than 140,000 jobs have to be created each month just to keep pace. So no matter the job performance for the next month or so, Bush will end up being well over 6 million short of even.

As for the 9/11 excuse, it was the best thing that ever happened to Bush as it allowed him to receive a vote total close enough to steal yet another election -- which is why he allowed the attacks to occur in the first place.

And we were not slipping into a recession before the 2000 election. Growth had slowed somewhat from their ultra high points of preceeding months, but the economy was still strong and growing.

Kerry misrepresnted the eco... (Below threshold)
pgl:

Kerry misrepresnted the economy? Try Don Evan's "best economy in my lifetime". Employment growth has been truly awful over the past four years.

Jay, put down the pipe and ... (Below threshold)

Jay, put down the pipe and step away from the bong, slowly.

I think you had a typo here... (Below threshold)

I think you had a typo here: 132,167 millon would be 132 billion jobs. Too high.

I discovered the error as I was reading your post into today's Podcast. Listen if you get a chance.
Charlie

As a bunch of people have p... (Below threshold)
Krusty Krab:

As a bunch of people have pointed out in other forums, starting from January 2001 is really crack(-piped) up. Unless Bush is the Dark Lord and his very presense has an effect on the job market, you need to start from January 2002 -- when his policies would actually start taking effect.

For people who's primary source is not the DNC, try the following exercise: go to http://www.bls.gov/webapps/legacy/cesbtab1.htm

Then select "total private seasonally adjusted" then press "retrieve data" (don't include government otherwise you'll accidently much more positive job growth numbers). Take the difference of projected Nov 2004 minus January 2002 and you find an increase of about 1.3 million jobs.

jayarbee says: And we were not slipping into a recession before the 2000 election

The issue is what impact Bush's policies had on the economy. By the time his policies were in place, the recession was in full swing.

pgl says: Employment growth has been truly awful over the past four years.

A detailed look at the numbers (can't display them graph form here, sorry) shows a sharp dive starting around January 1 2001 and ending around January 2002, nicely bracketing Clinton's legacy period. The jobs are relatively flat (slight downslope) until around mid-summer 2003, then jobs grow at pretty close to their historical values.

Actually, in october I show... (Below threshold)

Actually, in october I showed how we've had net job growth since December '03 Net Job Growth?

And another thing: 483 thou... (Below threshold)

And another thing: 483 thousand jobs were added in total, the 112 thousand jobs statistic was off the Payroll survey, which is very inaccurate when answering the question "how many people are working?"

This is why the "jobs" report was so low but the unemployment rate simultaniously dropped a percent. Job creation in total outpaced employment pool.




Advertisements









rightads.gif

beltwaybloggers.gif

insiderslogo.jpg

mba_blue.gif

Follow Wizbang

Follow Wizbang on FacebookFollow Wizbang on TwitterSubscribe to Wizbang feedWizbang Mobile

Contact

Send e-mail tips to us:

[email protected]

Fresh Links

Credits

Section Editor: Maggie Whitton

Editors: Jay Tea, Lorie Byrd, Kim Priestap, DJ Drummond, Michael Laprarie, Baron Von Ottomatic, Shawn Mallow, Rick, Dan Karipides, Michael Avitablile, Charlie Quidnunc, Steve Schippert

Emeritus: Paul, Mary Katherine Ham, Jim Addison, Alexander K. McClure, Cassy Fiano, Bill Jempty, John Stansbury, Rob Port

In Memorium: HughS

All original content copyright © 2003-2010 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark.

Powered by Movable Type Pro 4.361

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.

Author Login



Terms Of Service

DCMA Compliance Notice

Privacy Policy