Economy added 255,000 jobs in July

Am I supposed to be a defender of Bush? You must be new here.

How could there be about 20 million more under Obama's "improving" economy?

 

No. I just pointed out your claim that 100 million American workers have been "idled by the current sick economy" is false RW propaganda bull(*)(*)(*)(*).

 

Which right wing source invented that number?

 

First of all, there are 92,916,000 not in labor force so it is less than 13 million, and as everyone knows the increase is due to demographics and not economic conditions.
If you remember, when Bush won reelection and was pushing privatizing SS, the main argument for doing it was the changing demographic of Boomers retiring which would result in less workers for each retiree. Now suddenly the Right pretends there are no retiring Boomers affecting the size of the work force.

 

You tell me, YOU posted it!!!!!

 

So is it your point that these idled workers are not a problem?

- - - Updated - - -

I thought the figure was generated by the USG. Am I wrong?

 

You are always wrong!

They are not idle "workers" and the number I gave comes from the BLS who track such things, so only YOU know who invented the exaggerated number you cited.

http://www.bls.gov/webapps/legacy/cpsatab16.htm

 

No idea.

http://www.freerepublic.com/focus/f-news/3309604/posts
http://www.infowars.com/there-are-100-million-working-age-americans-that-do-not-have-jobs/
http://savingtherepublic.com/blog/tag/100-million-americans-out-of-work/
http://townhall.com/columnists/stephenmoore/2015/07/07/100-million-americans-not-working-n2022050

 

I did find this: http://www.politifact.com/truth-o-m...-million-americans-not-working-or-looking-wo/

But they say it is a real problem and getting worse. Odd huh?

They do say that the real problem only involves 20 million workers, but that was in 2013.

I did a Google search - lots of hits. Could not find one from MOJO, newrepublic.com, or thenation.com. I did try.

 

Try politifact.

http://www.politifact.com/truth-o-m...-million-americans-not-working-or-looking-wo/

I looked for a left wing discussion in Mother Jones, The Nation and The New Republic. Nothing popped up for me.

Politifact indicates that this is a real problem, that has been exaggerated by right wing sources.

 

Nowhere asserts the 90 million are "workers" who have been "idled" by the "current sick economy" as you falsely claimed.

 

Your own link confirms most of my numbers and I have included people who are also included in the not in labor force total, like stay at home moms and dads as well as family care givers, so it is nowhere near 20 million.

From your link:
​However, the 90 million number is padded, since this number includes a lot of Americans who wouldn’t be expected to be working. Specifically:
• People age 16 to 17, who likely are in high school: 9 million
• People who are enrolled in either two- or four-year colleges: 21 million
• People age 65 and older, who have reached retirement age: 40 million people

 

I am not sure all students, stay at home moms, and all retired people should not be excluded. But if you want to challenge Politifact's "[added" numbers have at it. Perhaps they will agree with you.

 

The BLS defines who are not in the labor force, not PolitiFact. Home responsibilities include stay at home moms and dads and family caregivers. My numbers are more accurate than PolitiFact's and I didn't include the 3+ million for "other reasons."

http://www.bls.gov/opub/btn/volume-...in-the-labor-force-why-arent-they-working.htm

Interviewers categorize survey participants’ verbatim responses into the following categories: ill health or disabled; retired;2 home responsibilities; going to school; could not find work;3 and other reasons.

 

Obama>Bush

 

I will rely on with Politifact - until you win your Pulitzer.

 

More bull(*)(*)(*)(*).

Number of employed dropped by over a million last month.

 

FALSE

Here are the actual numbers directly from the BLS and not some third party:
June 2016 - 151,097,000 employed.
July 2016 - 151,517,000 employed.
An INCREASE of 420,000.

http://beta.bls.gov/dataViewer/view/timeseries/LNS12000000

 

255,000 burger flippers? No wonder national productivity is declining.

 

In what year did American economy grow more than 3% under the President Obama? The answer: in no year!

http://www.thegatewaypundit.com/2016/04/simply-worst-obama-first-president-ever-not-see-single-year-3-gdp/

 

The source IS BLS. ALL of the "increase" was "seasonal revisions" or fudge inserted into the actual numbers. A real count of real jobs? Frikken disaster.

Learn to pull your own numbers out of BLS.

 

More lies from the Obama WH:

Shocking data revision by feds: Americans’ wages dropped 4.2% instead of rising in the first quarter. When they released the phony first quarter figures, Obama immediately sprinted to the microphones to crow about how "his policies were working to raise wages for middle class Americans." Now with the "revisions" we find out they didn't go up at all, but rather, they DROPPED by 4.2%.

And I don't see Obama sprinting to the microphones to hail forth on the real numbers not the garbage he read of his teleprompter before.

This shocking news -- making President Obama’s claim that the economy has recovered from the great recession a bad joke – was buried in a report on second quarter earnings, and of course was buried by the nation’s media, who are anxious to elect the horse (*)(*)(*)(*) princess, Hillary Clinton.

“Real hourly compensation decreased 0.4 percent, rather than the previously-published increase of 4.2 percent,”

http://www.bls.gov/news.release/prod2.nr0.htm

Compensation also fell another 1.4 percent in the second quarter, from April to June, the BLS admitted in the same report. So another 2 percent drop in wages just since December.

~
I also know that I’ve spent every single day of my presidency focused on what I can do to grow the middle class and increase jobs, and boost wages … Here’s the good news: Wages are actually growing at a rate of about 3 percent so far this year. That’s the good news. Working Americans are finally getting a little bigger piece of the pie. But we’ve got to accelerate that...

If you’re really concerned about pocketbook issues and seeing the economy grow, and creating more opportunity for everybody, then the choice isn’t even close. If you want someone with a lifelong track record of fighting for higher wages, and better benefits, and a fairer tax code, and a bigger voice for workers … you should vote for Hillary Clinton.

~Lyin' Obama endorsing Crooked Hillary.

 

It's only a matter of time until the jobs numbers are also revised. Probably about 90 days away from that.

 

The graph that you provided is not seasonally adjusted so it is not comparable to the "official" BLS numbers.

The same metric, the St. Louis Fed Total Nonfarm Payrolls - Unadjusted bounces up and down from month to month somewhat. Even so, it shows a 16,000,000+ increase in Total Nonfarm Payrolls since 2015; their seasonally adjusted data shows the same thing.


In addition, this same non-seasonally adjusted metric from FRED shows a gain of almost 2.5 million from Jul 2015 to Jul 2016.

 

So you'd rather have 255,000 more people in the social welfare programs?