Graphic of the Day: Change in US Employment Minus Texas

Obama should be kissing Rick Perry''s butt in thanks.

Chart via Redstate:

Shocker: 20% of American Families have No One Employed...

Obamanomics...

(CNSNews.com) - In 20 percent of American families in 2013, according to new data released by the Bureau of Labor Statistics (BLS), not one member of the family worked.
A family, as defined by the BLS, is a group of two or more people who live together and who are related by birth, adoption or marriage. In 2013, there were 80,445,000 families in the United States and in 16,127,000—or 20 percent--no one had a job.
The BLS designates a person as “employed” if “during the survey reference week” they “(a) did any work at all as paid employees; (b) worked in their own business, profession, or on their own farm; (c) or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family.”

Change: 86M Makers, 148M Benefit Takers

86 million Americans are supporting the rest of this country. 

Via CNS:

Buried deep on the website of the U.S. Census Bureau is a number every American citizen, and especially those entrusted with public office, should know. It is 86,429,000.
That is the number of Americans who in 2012 got up every morning and went to work — in the private sector — and did it week after week after week.
These are the people who built America, and these are the people who can sustain it as a free country. The liberal media have not made them famous like the polar bear, but they are truly a threatened species.

Inconvenient Fact: The U.S. economy lost 1.2 million jobs between June and July

Of course, Obama's BLS reported a 163,000 job gain after they got through making "adjustments."

Via WaPo:

The U.S. economy lost 1.2 million jobs between June and July. But that’s not how it got reported. When the Bureau of Labor Statistics (BLS) released its jobs figures for July, it said the economy gained 163,000 jobs. So what gives?

BLS isn’t hiding anything. The discrepancy just has to do with what’s known as “seasonal adjustments.” The U.S. economy follows certain predictable patterns in hiring and layoffs every year. School districts always let workers go for the summer and hire in the fall. Retailers always staff up for the Christmas holidays and lay people off afterwards. Students always flood the labor market in June.[...]

This is exactly what BLS does in its monthly jobs reports. As Jacob Goldstein of Planet Money points out, the U.S. economy had 1.2 million fewer jobs (pdf) in July than it did in June. But, according to the bureau, the economy still had 163,000 more jobs than one would’ve expected, given seasonal trends. That’s a sign of a steadily recovering labor market. So BLS reported it as a 163,000 gain in jobs.

So how accurate is the seasonal adjustment for July? Not very according to the NYT's.

In the last 10 July jobs reports, dating back to 2002, the agency has added an average of 1.33 million jobs to its original estimate. Last year, for example, the agency estimated that payrolls declined by 1.3 million jobs in July, but it reported a seasonally adjusted increase of 96,000 jobs.

That places a huge premium on the accuracy of the adjustment: A 5 percent error in the adjustment would have shifted the reported total last July by two-thirds.

And even in the best of times, the bureau’s estimates are rarely that accurate.

The government has estimated an average change of 149,700 jobs in the last 10 July jobs reports, but it has since revised those estimates by an average of 92,900 jobs per year. In other words, the initial estimate is generally off by about 62 percent.

In three of those 10 years — 2002, 2003 and 2007 — the agency wasn’t even correct about whether the economy gained or lost jobs.

So take Friday’s report with a measure of caution.

Independents believe Obama's policies make it harder to find a job

A Reuters/Ipsos poll has found a majority of Independents think Obama's policies make it harder to find employment. They are right.

(Reuters) — With President Barack Obama and Republican challenger Mitt Romney delivering dueling visions for the U.S. economy in speeches on Thursday, a majority of independents said that Obama’s policies have made it harder for Americans to gain employment, a Reuters/Ipsos poll showed on Friday.

Fifty-two percent of independents said they agreed with the idea that the president has not helped create more jobs in America, an argument central to Romney’s campaign.

Obama appears to have trouble convincing some members of his own party that his administration has been good for jobs: 29 percent of Democrats said they agreed with the claim that he has not been a job creator.

With the unemployment rate at 8.1 percent, the Obama campaign maintains that 4.2 million private-sector jobs have been created since he entered office in January 2009, although roughly as many have been lost.

“I think the thing that Obama’s team is going to be worried about is the number of independents who agree that the policies the president has put in place make it harder to create jobs,” said Ipsos pollster Chris Jackson. “The key conversation is convincing them that the things he has done have helped the economy or not certainly made things worse.”

Chart of the Day: US Labor Force 2001-2011

This chart shows the number of people with jobs combined with the unemployed who are seeking jobs. Do you see the job recovery President Obama is touting? What the chart actually shows if the effect of 99-week unemployment benefits, relaxed rules for disability and a large number of Americans who have completely dropped out of the labor force.

48 out of 57 states have lost jobs since President Obama and Democrats passed trillion-dollar stimulus plan

48 out of 57 50 states have lost jobs since president Obama and the overwhelmingly democratic congress passed 'Porkukus.' Only New Hampshire and North Dakota have had net job gains since Obama's stimulus was passed. Democrats promised 3 million in new jobs would be created. The actual result is a net loss of 2 million jobs.

Via Big Government:

48_50 chart -

There is more at Big Government.

Stimulus Fail: 46% Say Job Market Worse Than a Year Ago

It has become obvious to Americans the "Stimulus" was poorly targeted for job creation. President Obama is pushing "Recovery Summer," but voters aren't buying that snake oil. A New Rasmussen survey has found only 14% of adults think the job market has improved in the last year. 46% say it has gotten worse.

Rasmussen reported:

The survey also shows that just 14% say the job market is better now than it was a year ago.

Forty-six percent (46%) disagree and say the job market is worse today.

Lower income workers are much more likely to think the job market is getting worse. This is frightening news for Democrats running for reelection this fall.

Fifty-six percent (56%) of those lower income adults say the labor market is worse today.

Payrolls drop by 131,000 as Census winds down and states run out of stimulus money

This drop of 131,000 jobs was unexpected. Unexpected drops are becoming a common term relating to employment.

Overall employment fell by 131,000, reflecting the dismissal of temporary census workers, and the jobless rate held at 9.5 percent.

Nancy Pelosi reacts by blaming the GOP and Bush.

Sorry. Only The Government Is Hiring.

Employment grew by 431,000 in May, but 411,000 were temporary Census jobs. Private industry isn't hiring. The DOW reacted by closing below 10,0000 for the first time since February 8, 2010. Welcome to the Obama economy.

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent.

The Real Hockey-stick Chart

No. This isn't the temperature. It is US unemployment for the last decade.

Hat tip Gateway Pundit via Wizbang.

Obama economic adviser Robert Reich laughed at for For Saying Stimulus 'Keeping People Employed'

On CNBC, Reich was explaining to hosts Melissa Francis and Lawrence Kudlow how things would be much worse if not for the stimulus package. They could barely contain their laughter. The 17% of Americans without jobs aren't laughing.

From NewsBusters:

Former Clinton Labor Secretary and current Obama economic advisor Robert Reich was laughed at Friday for claiming "the stimulus package is the thing that is actually keeping the economy up, keeping people employed."

In a discussion on CNBC about the larger than expected September job losses reported Friday by the Labor Department, Reich was explaining to hosts Melissa Francis and Lawrence Kudlow how things would be much worse if not for the stimulus package.

He also implied that things won't get better until healthcare is reformed.

In the middle of this absolutely absurd statement, Francis and Kudlow appeared to look at each other with the former breaking out into laughter and the latter doing his best to hold it back (video below):

The Obama Recession

The employment numbers are actually worse than if we hadn't passed the stimulus according to the Obama team's projections. From American Thinker:

I think it is time to call it "The Obama Recession." Using Obama's own numbers, we are now worse off than we would have been had Obama's stimulus not gone into effect.

Early in the Obama administration, his economic experts put out a report on the predicted effect of his recovery plan on jobs, "American Recovery and Reinvestment Act: Job Impact by Congressional District" . In that document is a reference to another document, "The Job Impact of the American Recovery and Reinvestment Plan" , dated January 10, 2009.

I give you these references and links so you know what is shown below is real. In the second document, a figure shows the predicted unemployment rate with and without President Obama's stimulus package, the one that is supposed to "create or save" 3 million jobs.

That figure from January has been updated for reality through May's unemployment figure, the one just released today (Friday, June 5) by the blog Innocent Bystanders.


(click for larger view)

The figure should speak for itself. Not only are the actual unemployment numbers worse than predicted with the Recovery Plan, they are worse than predicted had there been no stimulus at all!