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Old 01-09-2015, 03:51 PM
 
Location: Chicago, IL
1,988 posts, read 2,223,598 times
Reputation: 1536

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Quote:
Originally Posted by Mircea View Post
Apparently longer than yours. CNN is wrong as usual.

For those seeking Truth....

Top 10 Years of Net Job Gains Since 1980


1984 4,171,000
2000 3,403,000
1997 2,850,000
1987 2,843,000
1994 2,801,000
2006 2,697,000
2012 2,600,000
1988 2,528,000
2005 2,478,000
1986 2,447,000

Although factually correct and truthful, we're lacking context here. We need to be examining job creation relative to other factors.

So let's do that.

Top 10 Years of Net Jobs Created Relative to Population


1984 2.36%
2000 1.60%
1987 1.56%
1994 1.42%
1997 1.40%
1988 1.37%
1986 1.36%
1989 1.27%
1985 1.20%
2006 1.18%

In plain English, that's the number of new jobs created per person (and we're talking about the Non-Institutional Civilian Population Age 16+).


Top 10 Years of Net Jobs Created Relative to Net Population Increase


1984 192.39%
1994 141.75%
1988 135.91%
1989 133.37%
1987 131.26%
1985 117.66%
1997 112.12%
2014 104.76%
1995 103.95%
1986 102.77%

Finally, we ought to look at the relationship between jobs created and the size of the Labor Force, rather than the Population.


Top 10 Years of Net Jobs Created Relative to Labor Force Size

1984 3.67%
2000 2.39%
1987 2.37%
1994 2.14%
1997 2.09%
1988 2.08%
1986 2.08%
1989 1.92%
1985 1.86%
2006 1.78%

At most, you can claim that 2014 ranks on the high end of Mediocre, otherwise there's nothing special about it.

Happily debunking....


Mircea
I'm curious where your numbers came from. They do not match the BLS data. By using the BLS data, CNN is correct.

 
Old 01-09-2015, 04:57 PM
 
Location: Florida
76,971 posts, read 47,640,534 times
Reputation: 14806
Quote:
Originally Posted by Mircea View Post
Apparently longer than yours. CNN is wrong as usual.

For those seeking Truth....

Top 10 Years of Net Job Gains Since 1980

1984 4,171,000
2000 3,403,000
1997 2,850,000
1987 2,843,000
1994 2,801,000
2006 2,697,000
2012 2,600,000
1988 2,528,000
2005 2,478,000
1986 2,447,000
Wrong about what?

So, you went back 35 years, and then you find two years when we created more jobs. All righty then.
 
Old 01-09-2015, 05:13 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Some of that job growth could be attributed to Obamacare and the definition of full time/part time.
To keep places staffed yet keep employees under 30 hours companies probably hired more people.

I know the McDonalds that I go to did that and the girls there told me they are capped at 25 hours per week.
 
Old 01-09-2015, 05:22 PM
 
62,959 posts, read 29,141,740 times
Reputation: 18589
Government data shows that since 2000 all of the net gain in the number of working-age (16 to 65) people holding a job has gone to immigrants (legal and illegal).

This is remarkable given that native-born Americans accounted for two-thirds of the growth in the total working-age population.

While Americans Lost Jobs, All Employment Growth Went to Immigrants | FrontPage Magazine
 
Old 01-09-2015, 05:33 PM
 
Location: Florida
76,971 posts, read 47,640,534 times
Reputation: 14806
Quote:
Originally Posted by Oldglory View Post
Government data shows that since 2000 all of the net gain in the number of working-age (16 to 65) people holding a job has gone to immigrants (legal and illegal).

This is remarkable given that native-born Americans accounted for two-thirds of the growth in the total working-age population.

While Americans Lost Jobs, All Employment Growth Went to Immigrants | FrontPage Magazine
Perhaps you could show the actual data, not just a blog talking about it.
 
Old 01-09-2015, 05:52 PM
 
29,939 posts, read 39,468,904 times
Reputation: 4799
Quote:
Originally Posted by RaymondChandlerLives View Post
1984 saw unemployment hover between 7.3-8%. 1984, not 2014, is a perfect example of the economy growing like crazy because it had nowhere to go but up.

Fun fact: Reagan's America didn't see sub-5.6% unemployment until April 1988, his final year in office. At this point in his presidency it stood at 6.6%. Yeah, the economy created jobs, and the public sector thrived, but it wasn't enough to bring unemployment to healthy levels until the end of the decade. The recession Reagan and Congress had to deal with was nowhere near as calamitous as the Great Recession either.

2000, now THAT'S enviable growth. To add 3.4 million jobs to an economy that was already kicking butt is very impressive.
And what could possibly have been different during those contrasting time frames? Is it harder to drop the UE rate with people wanting to be in the labor force or is it harder with people wanting to get out of the labor force? If you're an honest person the answer is easy.
Attached Thumbnails
2014 was America's best year of job growth since 1999-image.jpg  
 
Old 01-09-2015, 05:56 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Quote:
Originally Posted by Finn_Jarber View Post
Perhaps you could show the actual data, not just a blog talking about it.
The data is there..the article cites what was used.
I went and read it.

They used the government data to produce charts.
The household survey includes race, place of birth and legal status in the US.

It's all government produced data and it spells out exactly what that article says.
 
Old 01-09-2015, 06:33 PM
 
Location: Alameda, CA
7,605 posts, read 4,846,404 times
Reputation: 1438
Quote:
Originally Posted by Robert_J View Post
How many of these were seasonal jobs? With this area being heavily populated with distribution centers, they are always hiring during the run up to Christmas. After Jan 1, they go back to their regular staffing levels. The same goes with the shipping companies like Fed Ex, UPS and the numerous trucking companies in the area.
Here is a link to the report. You can see the numbers both seasonally adjusted (which are reduced this time of year) and non-seasonal adjusted. In either case, the net job growth from Dec 2013 to Dec 2014 is about the same.

Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail

Not Adjusted.
Dec 2013 138,269
Dec 2014 141,256

Adjusted

Dec 2013 137,395
Dec 2014 140,347
 
Old 01-09-2015, 08:54 PM
 
Location: Pasadena, CA
9,828 posts, read 9,417,405 times
Reputation: 6288
Quote:
Originally Posted by HappyTexan View Post
Some of that job growth could be attributed to Obamacare and the definition of full time/part time.
To keep places staffed yet keep employees under 30 hours companies probably hired more people.

I know the McDonalds that I go to did that and the girls there told me they are capped at 25 hours per week.
The vast majority of new hires were for full-time positions. This has been the case throughout the Obama administration. The "part-time economy" meme used by the right is 100% myth:

[http://m.theatlantic.com/business/ar...graphs/283674/
Quote:
Originally Posted by Oldglory View Post
Government data shows that since 2000 all of the net gain in the number of working-age (16 to 65) people holding a job has gone to immigrants (legal and illegal).

This is remarkable given that native-born Americans accounted for two-thirds of the growth in the total working-age population.

While Americans Lost Jobs, All Employment Growth Went to Immigrants | FrontPage Magazine
Mostly false:

Economist: Immigrants have taken all new jobs created since 2000 | PunditFact

Last edited by RaymondChandlerLives; 01-09-2015 at 09:08 PM..
 
Old 01-09-2015, 09:04 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,334,196 times
Reputation: 7627
Quote:
Originally Posted by Mircea View Post
Apparently longer than yours. CNN is wrong as usual.

For those seeking Truth....

Top 10 Years of Net Job Gains Since 1980


1984 4,171,000
2000 3,403,000
1997 2,850,000
1987 2,843,000
1994 2,801,000
2006 2,697,000
2012 2,600,000
1988 2,528,000
2005 2,478,000
1986 2,447,000

Apparently your source (whatever it is) doesn't include the last year. Either that or you are just making stuff up again.
If you included it, 2014 would be #3 in that top 10 list.


Although factually correct and truthful, we're lacking context here. We need to be examining job creation relative to other factors.

So let's do that.

Top 10 Years of Net Jobs Created Relative to Population


1984 2.36%
2000 1.60%
1987 1.56%
1994 1.42%
1997 1.40%
1988 1.37%
1986 1.36%
1989 1.27%
1985 1.20%
2006 1.18%

In plain English, that's the number of new jobs created per person (and we're talking about the Non-Institutional Civilian Population Age 16+).

Make up your mind - first you claim this is referring to the "Population " THEN you claim it's the "Non-Institutional Civilian Population Age 16+" (ie the Labor Force). Apparently you don't even understand that those are 2 different statistics.


Top 10 Years of Net Jobs Created Relative to Net Population Increase


1984 192.39%
1994 141.75%
1988 135.91%
1989 133.37%
1987 131.26%
1985 117.66%
1997 112.12%
2014 104.76%
1995 103.95%
1986 102.77%

Again, you are leaving out 2014. It would fall #6 on that list (again in the TOP 10)

Finally, we ought to look at the relationship between jobs created and the size of the Labor Force, rather than the Population.


Top 10 Years of Net Jobs Created Relative to Labor Force Size

1984 3.67%
2000 2.39%
1987 2.37%
1994 2.14%
1997 2.09%
1988 2.08%
1986 2.08%
1989 1.92%
1985 1.86%
2006 1.78%

Again, you are leaving out 2014. It would fall in the middle of that Top 10 list.

At most, you can claim that 2014 ranks on the high end of Mediocre, otherwise there's nothing special about it.

"Mediocre" - you mean in every one of your "Top 10" lists (excluding your 2nd one - which you can't even tell us what statistic it actually is)?
That's "mediocre"?



Happily debunking....

I did, thanks

Mircea
Ken
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