* Bumped Up *
After almost four years of Obama policies, the number of Americans unemployed or not in the labor force has ballooned to 4,817,000. That is the horrific increase and the statistics do not tell the story of mothers and fathers depressed because they cannot find work and feed their families. These are not mere numbers. Oh, and the ones hardest hit? African Americans and Latinos.
It is one thing to endure the inane verbal gymnastics and contortions of Obama cheerleaders who insist Obama’s economic policies are working, but it is outrageous that the mainstream media continues to probe the feces looking for flecks of gold. Shit is shit folks, and the latest numbers on unemployment are truly shitty.
We can all agree that our population continues to grow. We have not lost millions to war or pestilence. Okay? And BLS data bear this out–Civilian non-institutional population grew from last June, where the number stood at 239,489,000, to 243,155,000 in June of 2012, which means 3,666,000 new folks in that group.
How about the number employed? In June 2011 there were 139,385,00. That number increased to 142,415,000 for June 2012, which sounds dandy until you put it into perspective with what was going on in 2009 (more about that in a bit). The number of people unemployed in June 2012 stands at 12,749,000.
The really bad news is that the number of people NOT in the labor force continues to grow. There were 86,080,000 in June 2011. Today? It has jumped to 87,992,000. That’s an increase of 1,912,000. Obama apologists like LOLA828 insist that this is just old people retiring. That is complete nonsense. Population continues to grow in the United States. As population grows the number of folks who are eligible to work continues to grow.
So let’s go back and look at where things stood at the end of the first year of Barack Obama’s Presidency.
Here is Obama’s baseline.
2009– 235,801,000 Civilian non-institutional population
81,659,000 Not in the Labor Force
How many more people are there in the potential labor force? America has added 7,354,000 souls in the last 3 and one-half years.
How many more people are employed? Only 2,538,000.
Now look at the change in the combined number of Unemployed and “Not in the Labor Force.” In 2009 that number was 95,924,000. Today? 100,741,000.
The number no longer in the labor force is truly shocking. We have seen a surge of SIX MILLION THREE HUNDRED THIRTY THREE THOUSAND (6,333,000) men and women who are no longer in the labor force. That is the only way Obama can pretend that unemployment is holding steady.
Here is the critical number for measuring where we stand. I will put this in caps–THERE ARE FOUR MILLION EIGHT HUNDRED SEVENTEEN THOUSAND (4,817,000) AMERICANS WHO ARE UNEMPLOYED OR NOT IN THE LABOR FORCE AFTER THREE PLUS YEARS OF OBAMA POLICIES.
Civilian non-institutional population
Net increase of 7,354,000
Net increase of 2,538,000
Net decrease of 1,516,000
Not in the Labor Force
Net increase of 6,333,000
When job growth does not keep pace with population growth, the only way you can hold the unemployment level steady is by shoving folks into the “NOT IN THE LABOR FORCE” category.
Let Obama run on that. His plan is to push Americans out of the job market. If you are comfortable with that kind of economy then Obama is your boy.
UPDATE–Watch the announcement live:
UPDATE II–Hey, for the fun of it, let’s compare the first three and one-half years of Bush with Obama’s.
|Year||Civ Pop||Employed||Unemployed||Not in Labor|
Bush’s record compared to Obama’s for the first 3 and one-half years:
Net Population Increase of 8,265,000 under Bush compared to Net increase of 7,354,000 under Obama.
Net Employed Increase of 10,468,000 under Bush compared to only 2,538,000 under Obama.
Net Unemployed Increase of 1,348,000 under Bush while the number of Unemployed fell by 1,516,000. However, total unemployed under Bush was only 8,924,000 while the total under Obama is 12,749,000.
Net Not in Labor Force Increase by 4,597,000 under Bush while the figure under Obama’s stewardship soared to 6,333,000.
Under Obama the number of people not participating in the labor force is now 36%. During the Bush Presidency the number stood at 34% when he left office.
Here is the stunning percentage. Compare the population employed as a percentage of the civilian non-institutional population under Bush with that of Obama’s. When Bush left office in 2008 65% of the population was employed. Under Obama the number has plunged to 58.5% as of June 2012.