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re: What's the true number of jobs created by Barry?
Posted on 12/8/16 at 10:31 am to stout
Posted on 12/8/16 at 10:31 am to stout
Numbers are in thousands
LINK
October 2007 (Pre-Recession)
Employment population - 237,553
Civilian Labor Force - 153,253
Employed - 146,007
Employment Population Ratio - 62.7
Unemployed - 7,245
Unemployment Rate - 4.7
Not in Labor Force - 79,462
% of Employ Pop not in Labor Force - 33%
Labor Particip. Rate = 65.9
Average workweek (hours) = 33.8
Average Hourly Earnings (not adj for inflation) = 17.58
LINK
October 2009 (Beginning of Recession)
Employment population - 219,165.88
Civilian Labor Force - 153,975
Employed - 138,275
Employment Population Ratio - 58.5
Unemployed - 15,700
Unemployment Rate - 10.2
Not in Labor Force - 82,575
% of Employ Pop not in Labor Force - 38%
Labor Particip. Rate = 65.1
Average workweek (hours) = 33
Average Hourly Earnings (not adj for inflation) = 18.72
LINK
October 2016 (Current)
Employment population - 254,321
Civilian Labor Force - 159,712
Employed - 151,925
Employment Population Ratio - 59.7
Unemployed - 7,787
Unemployment Rate - 4.9
Not in Labor Force - 94,609
% of Employ Pop not in Labor Force - 37%
Labor Particip. Rate = 62.8
Average workweek (hours) = 34.4
Average Hourly Earnings (not adj for inflation) = 25.92
So in Summary, from today to beginning of recession
Employment Pop = +38,156
Civil Labor Force = +5,737
employed = +13,650
emp pop ratio = +1
unemp = -7,913
unemp rate = -5%
not in labor force = +12,034
% of Employ Pop not in Labor Force = -1
That spells out, stagnation, which is what we've been saying.
In relation, from today to pre-recession
Employment Pop = +16,768
Civil Labor Force = +6,459
employed = +5,918
emp pop ratio = -3%
unemp = +542
unemp rate = +.2
not in labor force = +15,147
% of Employ Pop not in Labor Force = +4%
ETA: And this does not take into account going from full time to part time jobs. I'll try and find those numbers.
ETA ETA: I will update with additional numbers for each period like labor particip rate, hourly work week, earnings, etc...
LINK
October 2007 (Pre-Recession)
Employment population - 237,553
Civilian Labor Force - 153,253
Employed - 146,007
Employment Population Ratio - 62.7
Unemployed - 7,245
Unemployment Rate - 4.7
Not in Labor Force - 79,462
% of Employ Pop not in Labor Force - 33%
Labor Particip. Rate = 65.9
Average workweek (hours) = 33.8
Average Hourly Earnings (not adj for inflation) = 17.58
LINK
October 2009 (Beginning of Recession)
Employment population - 219,165.88
Civilian Labor Force - 153,975
Employed - 138,275
Employment Population Ratio - 58.5
Unemployed - 15,700
Unemployment Rate - 10.2
Not in Labor Force - 82,575
% of Employ Pop not in Labor Force - 38%
Labor Particip. Rate = 65.1
Average workweek (hours) = 33
Average Hourly Earnings (not adj for inflation) = 18.72
LINK
October 2016 (Current)
Employment population - 254,321
Civilian Labor Force - 159,712
Employed - 151,925
Employment Population Ratio - 59.7
Unemployed - 7,787
Unemployment Rate - 4.9
Not in Labor Force - 94,609
% of Employ Pop not in Labor Force - 37%
Labor Particip. Rate = 62.8
Average workweek (hours) = 34.4
Average Hourly Earnings (not adj for inflation) = 25.92
So in Summary, from today to beginning of recession
Employment Pop = +38,156
Civil Labor Force = +5,737
employed = +13,650
emp pop ratio = +1
unemp = -7,913
unemp rate = -5%
not in labor force = +12,034
% of Employ Pop not in Labor Force = -1
That spells out, stagnation, which is what we've been saying.
In relation, from today to pre-recession
Employment Pop = +16,768
Civil Labor Force = +6,459
employed = +5,918
emp pop ratio = -3%
unemp = +542
unemp rate = +.2
not in labor force = +15,147
% of Employ Pop not in Labor Force = +4%
ETA: And this does not take into account going from full time to part time jobs. I'll try and find those numbers.
ETA ETA: I will update with additional numbers for each period like labor particip rate, hourly work week, earnings, etc...
This post was edited on 12/8/16 at 10:53 am
Posted on 12/8/16 at 10:51 am to BugAC
Your numbers are "stagnant" because they include the worst economic collapse since the Great Depression. What's job growth been since the bottom of the recession?
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