The Lying Games

Unemployment figures for the last eight years

 

2008	5.8
2009	9.3
2010	9.6
2011	8.9

2008	5.8
2009	9.3
2010	9.6
2011	8.9

It was a Wednesday night and I was on patrol keeping America informed when I came across the lie. Job creation. We down at the station had heard rumors that jobs had been created in the last couple of years in America but we found it hard to believe. So being the inspector that I am I dug in and this is what I found.

Employment, Hours, and Earnings
from the Current Employment Statistics survey (National)
1-Month Net Change
Series Id:	CES0000000001
Seasonally Adjusted
Super Sector:	Total nonfarm
Industry:	Total nonfarm
NAICS Code:	-
Data Type:	ALL EMPLOYEES, THOUSANDS
Years:	2002 to 2012
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2002	-129	-146	-24	-84	-9	47	-100	-11	-55	121	8	-163	-545
2003	95	-159	-213	-49	-9	0	25	-45	109	197	14	119	84
2004	162	44	337	249	310	81	46	122	161	348	63	134	2057
2005	137	240	141	360	170	243	374	193	66	80	334	160	2498
2006	283	316	283	181	14	76	209	183	157	-9	204	171	2068
2007	236	93	190	72	139	75	-40	-18	73	79	112	89	1100
2008	41	-84	-95	-208	-190	-198	-210	-274	-432	-489	-803	-661	-3603
2009	-818	-724	-799	-692	-361	-482	-339	-231	-199	-202	-42	-171	-5060	-8663
2010	-40	-35	189	239	516	-167	-58	-51	-27	220	121	120	1027
2011	110	220	246	251	54	84	96	85	202	112	157	223	1840
2012	275	259	143	77	69								823	3690
Net loss of jobs still (4.97 million)														-4973

The next time the media lies and says that jobs are being created you tell them to go to: http://www.bls.gov  research and then report the facts correctly. Jobs cannot be considered created until the jobs that were lost have been recovered first. As you can see by the data provided by the Bureau of Labor Statistics America is still down almost 5 million jobs since the financial meltdown of 2008. The fact is we may not see real job growth for many more years to come. Even if America is fortunate to repeat the employment growth of 2011 it will take 2.7 more years to get back to zero jobs lost and this seems unlikely since we are in a four month downward trend in job replacement. Maybe it's time to change management America.


Leon

Just giving the facts mam, just the facts

Images: Yahoo Images