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Thread: Trump and job creation

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    Re: Trump and job creation

    Quote Originally Posted by Chomsky View Post
    Despite Trump's lies and hyperbole, the OP's numbers cannot be disputed. Trump's job creation record is slightly below that of Obama's for the same period.

    And August seems to be quite the slump, too. Hopefully it's an aberration.

    But the big problem I see is the jobs added were net part-time. Full-time workers actually declined! That's hardly "winning" or making us "great".


    They're growing more and more desperate as their "great white hope" proves to be rather hopeless at the day-to-day running of the country.

    There's been a lot of "Saying" about jobs, but what program, what EO has Trump signed that has had an immediate impact on jobs?

    None.

    This growth is on the same trajectory as Canada's as the North American market continues to build its way out of the American's destruction of the wolrd economy in '08.

    Trump's been too busy fighting with the media, staving off investigations, and warring over the size of his inauguration, his hands and and ever-stroked ego.

    What will tell if and when Orange Head has impacted the job market will be that miracle moment when West Virginia miners head back down into the coal pits.
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    Re: Trump and job creation

    Quote Originally Posted by Conservative View Post
    As posted show me those Terrible August numbers vs. 2016? Still waiting? You simply cannot admit you are wrong
    ??

    He created 153K jobs in August! Those are your numbers!

    (And we lost 160K)

    Looks to me like 650,000 fewer part time employees vs. August 2016. Please show me your numbers that prove differently and trump is creating part time jobs??
    In August he created no net jobs.
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    Re: Trump and job creation

    Quote Originally Posted by Conservative View Post
    Look, I posted the numbers that you refuse to acknowledge, that doesn't do your credibility any good which apparently you don't care about. You really don't understand data at all but buy what you are told by the left and media. BLS.gov gives you the true picture which you want to ignore. I posted the total employment and that is NET. Already proved it with the numbers that you ignore
    Your numbers contradict you assertions.

    Your boy had a net job loss this month, and he's no better than Obama.

    Your numbers. Take 'em, or leave 'em.
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    Re: Trump and job creation

    Quote Originally Posted by Chomsky View Post
    Your numbers contradict you assertions.

    Your boy had a net job loss this month, and he's no better than Obama.

    Your numbers. Take 'em, or leave 'em.
    Maybe you need to get an elementary student to read these numbers to you

    Labor Force Statistics from the Current Population Survey
    Original Data Value

    Series Id: LNS12000000
    Seasonally Adjusted
    Series title: (Seas) Employment Level
    Labor force status: Employed
    Type of data: Number in thousands
    Age: 16 years and over
    Years: 2007 to 2017

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    2007 146028 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
    2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
    2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
    2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
    2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
    2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
    2013 143225 143315 143319 143603 143856 144006 144318 144304 144466 143577 144536 144741
    2014 145055 145102 145715 145673 145819 146222 146461 146501 146845 147426 147361 147521
    2015 148061 148108 148244 148522 148792 148742 148890 149092 148932 149255 149419 150030
    2016 150533 151043 151301 151028 151058 151090 151546 151655 151926 151902 152048 152111
    2017 152081 152528 153000 153156 152923 153168 153513 153439
    To make it simple for you, Last August there were `151.65 million Americans employed and this August it was 153,4 million Americans employed, that comes to about 1.8 million more Americans working this August that last August but according to you that is a job loss. You want to compare July to August ignoring the comparison to last year.

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    Re: Trump and job creation

    Quote Originally Posted by Chomsky View Post
    ??

    He created 153K jobs in August! Those are your numbers!

    (And we lost 160K)

    In August he created no net jobs.
    Vs. last year in August, 1.8 million more employed and 650,000 fewer part time for economic reasons vs. last year thus comparing Trump to Obama vs. comparing Trump to Trump which now you want to do

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    Re: Trump and job creation

    Quote Originally Posted by Chomsky View Post
    ??

    He created 153K jobs in August! Those are your numbers!

    (And we lost 160K)

    In August he created no net jobs.
    No, there was a net change of +156,000 nonfarm payroll jobs in August (seasonally adjusted)
    Now, Conservative usually prefers net change in total employment as opposed to nonfarm payroll jobs. Total employment (seasonally adjusted) had a net change of -74,000 in August.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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    Re: Trump and job creation

    Quote Originally Posted by Conservative View Post
    Maybe you need to get an elementary student to read these numbers to you



    To make it simple for you, Last August there were `151.65 million Americans employed and this August it was 153,4 million Americans employed, that comes to about 1.8 million more Americans working this August that last August but according to you that is a job loss. You want to compare July to August ignoring the comparison to last year.
    Yes, but you need 160K a month to break even from those entering the market place. Otherwise unemployment rises.

    And that's exactly what happened in August. Trump added 153K, and the unemployment rate blipped up a tenth of a percent.

    You need around 160K per month to break even. He failed, unemployment edged up. He fell a little under Obama's August 2016 156K, where the employment rate remained unchanged from the previous month.
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    Re: Trump and job creation

    Quote Originally Posted by Chomsky View Post
    Yes, but you need 160K a month to break even from those entering the market place. Otherwise unemployment rises.

    And that's exactly what happened in August. Trump added 153K, and the unemployment rate blipped up a tenth of a percent.

    You need around 160K per month to break even. He failed, unemployment edged up. He fell a little under Obama's August 2016 156K, where the employment rate remained unchanged from the previous month.
    I gave you the data for August and every month of 2017 vs. Obama in 2016. please post for me the month that Obama's employment numbers were better than Trump's?

    As with most radicals you want to ignore the part time for economic reasons and what that does to the unemployment numbers, 600,000 more in 2016 than in 2017 basically are what you are giving Obama credit for and ignoring that improvement under Trump. You will also ignore the discouraged worker drop under Trump vs. Obama which tells you that the people believe in the Trump economy over Obama and how that number affects the official unemployment rates.

    The data is the data and right now there are 1.8 million more Americans employed in August this year vs. Obama, that is reality but you want to compare Trump's August to Trump's July. Why is it so hard for you and others to admit when wrong?

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    Re: Trump and job creation

    Quote Originally Posted by pinqy View Post
    No, there was a net change of +156,000 nonfarm payroll jobs in August (seasonally adjusted)
    Now, Conservative usually prefers net change in total employment as opposed to nonfarm payroll jobs. Total employment (seasonally adjusted) had a net change of -74,000 in August.
    Ah, but 156K added barely breaks even.

    We need around 160K added to keep up with the expanding pool job of candidates.

    Ostensibly, this was displayed by the slight uptick in the unemployment rate.

    160K essentially gets us nothing. We're threading water.
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    Re: Trump and job creation

    Quote Originally Posted by Chomsky View Post
    Yes, but you need 160K a month to break even from those entering the market place. Otherwise unemployment rises.
    Where on earth did you get that idea?

    And that's exactly what happened in August. Trump added 153K, and the unemployment rate blipped up a tenth of a percent.
    Well, your main flaw is the +156K is nonfarm payroll jobs, comes from the Current Employment Statistics, and is NOT used to calculate the unemployment rate.

    The unemployment rate went slightly up (not statistically significant) because total employment went from 153,513,000 to 153,439,000 (-74,000) and unemployment went from 6,981,000 to 7,132,000 (+153,000) so that the labor force went from 160,494,000 to 160,571,000 (+77,000).
    6,981,000/160,494,000 = 4.3% and 7,132,000/160,571,000 = 4.4%

    You need around 160K per month to break even.
    Please show your math.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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