5.2 million full time employments lost Obama’s first year, Part time jobs created, Job myths lies exposed, Media lies, Whitehouse lies, Obamacare created more full times jobs?…let the drug testing begin, Gallup CEO Jim Clifton right
5.2 million full time employments lost Obama’s first year, Part time jobs created, Job myths lies exposed, Media lies, Whitehouse lies, Obamacare created more full times jobs?…let the drug testing begin, Gallup CEO Jim Clifton right
“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief August 5, 2013
“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”
Did you know that 5,205,000 full time employments were lost during the first year of Obama’s occupation of the White House from January 2009 to January 2010?
Don’t take my word for it, FRED, the Federal Reserve Bank of St. Louis reports it.
http://research.stlouisfed.org/fred2/series/LNS12500000
This number has been somewhat obscured because some part time jobs were created to partially offset this number so that we only lost (ha ha) 3,714,000 jobs in 2009.
This is one of the best examples of many full time jobs being replaced by few part time jobs.
Ready for more laughs? (I know & agree, this is too damn serious to laugh)
The Obama White House brags about creating full time jobs.
“New Data: Most of the Increase in Employment is in Full-Time Positions Since the Affordable Care Act Became Law”
“Since the Affordable Care Act became law, the economy has created 6.5 million full-time jobs, while the number of part-time jobs has been essentially unchanged.”
http://www.whitehouse.gov/blog/2013/09/06/new-data-most-increase-employment-full-time-positions-affordable-care-act-became-law
For starters, as you can clearly see, Obama brags about creating full time jobs that were mostly lost during his first year.
The recession supposedly ended June 2009.
By all credible accounts, there has been an increase in part time jobs.
The original WhiteHouse.gov article was posted:
September 06, 2013.
Once again the quote from above:
“Since the Affordable Care Act became law, the economy has created 6.5 million full-time jobs, while the number of part-time jobs has been essentially unchanged.”
From the BLS.
“Commissioners
Keith Hall
January 2008–January 2012
Keith HallAppointed by: George W. Bush
Also served under: Barack Obama”
http://www.bls.gov/bls/history/commissioners/hall.htm
Keith Hall was commisioner of the BLS and is not under the control of Obama.
If anyone should know jobs data, it is Mr. Hall.
From the Atlanta Journal Constitution August 5, 2013.
“Welcome to the Obamcare economy. From McClatchy:
“The July government employment report released Friday showed the job market treading water.”And a closer look at one of the two measures the Labor Department uses to gauge employment suggests that part-time work accounted for almost all the job growth that’s been reported over the past six months. …” ‘Over the last six months, of the net job creation, 97 percent of that is part-time work,’ said Keith Hall, a senior researcher at George Mason University’s Mercatus Center. ‘That is really remarkable.’”Hall is no ordinary academic. He ran the Bureau of Labor Statistics, the agency that puts out the monthly jobs report, from 2008 to 2012. Over the past six months, he said, the Household Survey shows 963,000 more people reporting that they were employed, and 936,000 of them reported they’re in part-time jobs.” ‘That is a really high number for a six-month period,’ Hall said. ‘I’m not sure that has ever happened over six months before.’ “”
“How, then, to explain what’s happened since January? Back to the McClatchy article and Hall, the former BLS chief:
“Hall speculated that the implementation of the Affordable Care Act, shorthanded as Obamacare, might be resulting in employers shifting workers to part-time status to avoid coming health care obligations.”
‘There’s been so much talk about the effects of Obamacare on part-time work,’ he said. ‘This is such an unusual thing to see.’ ”
By “so much talk,” Hall of course was referring to the numerous stories of employers that are cutting back on their workers’ hours to avoid qualifying for Obamacare’s mandate to provide health insurance for them. Just yesterday, the AJC reported on the various ways local employers are trying to cope with the looming mandate (subscription to MyAJC required for link), including the decision by AAA Parking to move 250 full-time workers to part-time status. Many of the Americans affected by these business decisions are, of course, the very people Obamacare was supposed to help.
In fact, we can get even more specific than the January-July numbers Hall outlined.
Looking at the BLS data, the number of Americans working part-time for economic reasons — i.e., not because they want to work part-time — hit a multi-year low in March. Since then, part-time jobs have accounted for a whopping 99.1 percent of all jobs created. Over the past four months, on a net basis, just 9,000 full-time jobs have been added in the entire United States.
That means there have been 110 part-time jobs created for every one full-time job since March.”
Read more:
The Atlanta Journal Constitution article was written one month prior to the WhiteHouse.gov article.
From the Federal Reserve April 14, 2014.
“The persistently high stock of involuntary part-time work
Chart 1 presents the two main categories of involuntary part-time work: i) individuals who work part time due to slack work or unfavorable business conditions, and ii) individuals who could only find part-time work, each as a percentage of the labor force (left panel) and for each its change since 2007 (right panel). For comparison purposes, we also plot the unemployment rate and average weekly hours by persons at work (the workweek). The decomposition in Chart 1 yields our first observation: although the share of individuals in the labor force working part time due to slack work or business conditions has declined roughly along with the unemployment rate, the percentage of individuals reporting they could only find part-time work has continued to increase.”
http://www.federalreserve.gov/econresdata/notes/feds-notes/2014/why-is-involuntary-part-time-work-elevated-20140414.html
Even PBS is asking questions.
“The startling fact you, we and Paul Krugman didn’t know about the jobs report”
“Hidden Part-Time Workers
But the number of part-time workers may actually be even higher than 7 million. As Making Sen$e has recently discovered, there’s another whole pool of part-time workers whom the government counts as full-time employees. How can that be? To count as a full-time worker, you must work 35 hours or more. But what if you work two or more part-time jobs that add up to 35 hours?
Several months ago, when we first asked Wolfers whether those part-time workers would be counted as full-timers, he said, of course not, no, but then quickly realized that, yes, in fact, the Bureau of Labor Statistics would count them as full-time employees.
According to the BLS, in data not disclosed in their monthly report, 1.2 million workers toil at multiple part-time gigs with hours adding up to or surpassing 35 hours. On paper, they’re full-time workers. At work, at home, and shuttling between shifts, though, they’re part-timers who may not enjoy the benefits, convenience or stability that comes with holding one full-time position.
The Real Shocker
Even more shocking is that the BLS’s headline number of jobs added each month — the figure that can move markets and shape headlines — makes no distinction between full-time and part-time payroll gains. “So if you’re on for an hour,” Wolfers said, “you’re counted as having a job” in the survey of employers.”
http://www.pbs.org/newshour/making-sense/the-startling-fact-you-we-and-paul-krugman-didnt-know-about-the-jobs-report/
You expect lies from the Obama camp and White House.
The media is just as bad.
More to come on that.
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