Scratch that, help Obama do the math. I visited one of his web sites saying that the Obama administration created about 4.6 million jobs in the last 30 months. However, what of the following?
In Jan 2007 the unemployment rate was 4.6%
In Jan 2009 the unemployment rate was 7.8%
Today it is around 8.3%
Likewise, in Jan 2007 the Labor force participation rate was 66.4%
In Jan 2009 the labor force participation rate was 65.7%
Today it is around 63.7%.
How does this add up?
Originally posted by whodeySimple, we lost 4.6 million less jobs than we could have. Now tell folks a job saved is a job created an viola!!! Don't know why they picked the number they did.
Scratch that, help Obama do the math. I visited one of his web sites saying that the Obama administration created about 4.6 million jobs in the last 30 months. However, what of the following?
In Jan 2007 the unemployment rate was 4.6%
In Jan 2009 the unemployment rate was 7.8%
Today it is around 8.3%
Likewise, in Jan 2007 the Labor force partici ...[text shortened]... e labor force participation rate was 65.7%
Today it is around 63.7%.
How does this add up?
Originally posted by whodeyYour schoolboy error is to mix concrete numbers and percentages and expect some correlation.
Scratch that, help Obama do the math. I visited one of his web sites saying that the Obama administration created about 4.6 million jobs in the last 30 months. However, what of the following?
In Jan 2007 the unemployment rate was 4.6%
In Jan 2009 the unemployment rate was 7.8%
Today it is around 8.3%
Likewise, in Jan 2007 the Labor force partici ...[text shortened]... e labor force participation rate was 65.7%
Today it is around 63.7%.
How does this add up?
Obama could have created a billion new jobs, but if a billion and a half old jobs disappear or a half a billion more people join the job market the unemployment will rise by half a billion.
Do the math yourself and stop pretending to be an honest dunce.