Tag Archives: unemployment rate

Job growth by President from Obama to Truman

As you can see Obama is the only one with a negative jobs number. Notice also that the only two terms where government growth was genuinely slowed was under Ronald Reagan, Dwight Eisenhower (the size of government shrank under Eike), and under the second term of Bill Clinton (Thanks to Newt and the Republican Revolution). As government has grown the expansion of jobs has slowed. Also while Obama shows an unemployment of 8.3%, as has been discussed earlier that number is skewed because so many people have given up looking for work and are now not being counted. The real unemployment rate, known as the U6, is over 15%.

Presidents job creation Obama to Truman

Gallup: Unemployment 9%, Not 8.3%

Yup, it’s like that….

When the administration knew that the 8.3% number was a blip from people leaving the workforce they kept saying 8.3% and still are.

Gallup:

Unemployment in the U.S. rose to nine percent in mid-February, up from 8.3 percent a month earlier, according to a new Gallup survey. The polling company said this suggests that it is “premature” to assume the economy will not feature prominently in the 2012 election season.

Gallup figures typically provide an indication of what the government will report at the end of the month.

“The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February,” Gallup said in its mid-month unemployment survey, released on February 17. “The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January.”