Jobs
Oct 5, 2014 14:28:37 #
An interesting statistic....
Two questions......
1. Under which administrations (Carter, Reagan, Bush, Clinton, Bush, Obama) were the most and least US private sector payroll jobs created?
2. Under which administrations were the most and least public sector (federal, state and local government) US payroll jobs created?
Comments? Guesses?
The surprising answers later.
Two questions......
1. Under which administrations (Carter, Reagan, Bush, Clinton, Bush, Obama) were the most and least US private sector payroll jobs created?
2. Under which administrations were the most and least public sector (federal, state and local government) US payroll jobs created?
Comments? Guesses?
The surprising answers later.
Oct 5, 2014 14:58:20 #
Just a wild guess, Robert: Based on how your question is stated, I'll guess Reagan "created" the least, and Obama "created" the most. Realizing, of course, a president doesn't really "create" jobs.
Trouble is:
How well/poor was the economy at the time?
Who is counting the job creation figures?
How badly were additional jobs needed?
Were the "jobs created" full or part-time? Were they entry-level jobs, or career jobs?
Were they union-only jobs, or truly private sector?
Trouble is:
How well/poor was the economy at the time?
Who is counting the job creation figures?
How badly were additional jobs needed?
Were the "jobs created" full or part-time? Were they entry-level jobs, or career jobs?
Were they union-only jobs, or truly private sector?
Oct 5, 2014 15:20:08 #
Danilo wrote:
Just a wild guess, Robert: Based on how your ques... (show quote)
Reagan is a winner in one of the four catagories, Obama is not.
All valid points and definitely should be taken into consideration as also the timing of economic recessions.
Statistics will be from the US Bureau of Labor Statistics. Private sector jobs include both union and non-union jobs.
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Oct 5, 2014 23:32:14 #
Oct 6, 2014 14:50:19 #
Here are the stats on Private Sector Payroll Job creation.
The winner is Clinton whereas the least were created under G. W. Bush's 1st term. There was negative total Private Sector Job growth during G. W. Bush's eight years.
I will post the stats on Public Sector Payroll Jobs Added (Indication of the growth of Federal, State and Local Government) later.
The winner is Clinton whereas the least were created under G. W. Bush's 1st term. There was negative total Private Sector Job growth during G. W. Bush's eight years.
I will post the stats on Public Sector Payroll Jobs Added (Indication of the growth of Federal, State and Local Government) later.
Private Sector Payroll Job Creation
Oct 7, 2014 13:09:46 #
Here are the stats on Public Sector Payroll Job Creation:
The winner is Reagan whereas the least were created under Obama's 1st term.
For more detail and commentary go to:
http://www.calculatedriskblog.com/2014/10/public-and-private-sector-payroll-jobs.html
My long belief that the GOP stood for smaller government and greater growth of the private sector has taken a hit by these stats. During the last almost 40 years government has grown by leaps and bounds under both the GOP and Dem admins but private sector job creation has been better under the Democrats.
Also, our present employment situation would be much better if public sector job growth under Obama had been anywhere near previous the growth under previous admins.
The winner is Reagan whereas the least were created under Obama's 1st term.
For more detail and commentary go to:
http://www.calculatedriskblog.com/2014/10/public-and-private-sector-payroll-jobs.html
My long belief that the GOP stood for smaller government and greater growth of the private sector has taken a hit by these stats. During the last almost 40 years government has grown by leaps and bounds under both the GOP and Dem admins but private sector job creation has been better under the Democrats.
Also, our present employment situation would be much better if public sector job growth under Obama had been anywhere near previous the growth under previous admins.
Public Sector Payroll Job Creation
Oct 7, 2014 13:24:41 #
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Oct 7, 2014 13:25:30 #
Don't need to guess it's right here.
http://blogs.investors.com/capitalhill/index.php/home/35-politicsinvesting/7190-private-jobs-down-46-million-from-january-2008-federal-jobs-up-114
http://blogs.investors.com/capitalhill/index.php/home/35-politicsinvesting/7190-private-jobs-down-46-million-from-january-2008-federal-jobs-up-114
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