This 'jobs legacy' shtick seems to be the big think in the newsbiz these days. Here's a graphic from another article--
--and it paints quite a different picture from the one from a NYT piece on this other thread:
--but imho the best take is the one from IBD:.
Grampa said “figures don’t lie, liars figure”. It all depends on who is doing the counting and the preconceived bias’s of the recipient.
That bottom graph is the most telling since there’s been no improvement after falling behind in 2010, exactly when the recession should have been fading away. Instead, the recession’s effects were being locked in by the factors cited in the IBD article.
All that job growth you're talking about, it's all part time jobs. You also need to talk about the underemployed; those college grads who are flipping burgers because your leadership can't create any real jobs. Worst President ever...including Carter.
Excellent analysis by the only free market business paper left.
During the first term, the Obama administration kept trying to sell the poor economic numbers as ‘the new normal’.
If the Obama admin numbers were real, they would be proclaiming from the rooftops how he managed to salvage the economy and drive the UE from 9.7% in 2010 to 4.7% today.
It’s not a “jobs” report, it’s an Unemployment report.
It is a disaster for the American workers.
What? I just saw an article that said the employment rate was humming.
We need the true unemployment numbers exposed, not this false crap and false economy.
bm
Watch how accurate the jobs numbers reporting becomes after January 20th...