Green Room

Obama campaign’s phony jobs numbers

posted at 2:42 pm on August 8, 2012 by

Numbers don’t lie—unless they are furnished by the campaign to re-elect the president. You can see this for yourself by visiting the interactive graph at www.barackobama.com/jobsrecord. It tells you everything you need to know about President Obama’s job creation record—except the truth.

For starters, place your cursor of any of the red or blue bars to see the number of jobs that were lost by or added to the economy for any given month. Take as a case in point January 2012, the administration’s best month for the year to date. According to the campaign website, 277,000 jobs were added. But the Bureau of Labor Statistics jobs report for January indicates that 243,000 jobs were added. It’s still a respectable gain, just not as respectable.

But the numbers get dicier. Take June of 2010. The president’s graph would have you believe that the economy grew by 92,000 jobs, while the BLS jobs report for the same period shows a decline of 125,000 jobs.

Perhaps not surprisingly, the discrepancy between the Obama campaign’s jobs numbers and the BLS report works in reverse during the Bush years. According to the campaign website, the economy bled 294,000 jobs in August of 2008. Not so says the BLS report for the same period, which shows a loss of 84,000 jobs.

 

You can move your cursor to any month you like, but don’t expect the result to be any different. Don’t expect to find any data on unemployment either. That one is simply impossible for Team Obama to fudge after 43 consecutive months where 8% or more of the population has been out of work.

The economy in general is so weak that some analysts are beginning to wonder whether the recession ever really ended. One of them is Louis Woodhill of the conservative Club for Growth, who asks at Real Clear Markets, “What do President Obama’s economic recovery and a unicorn have in common? They are both mythical creatures.”

Woodhill goes so far as to reject the BLS jobs reports (the reports that like those above “The Employment Situation”) in favor of the bureau’s “Household Survey” numbers, which he notes are “more statistically sound,” adding that “July’s were truly awful”:

The number of Americans with jobs actually fell by 195,000 in July. The number of people officially counted as unemployed went up by 45,000, and the ‘headline’ unemployment rate rose from 8.2% in June to 8.3% in July.

However, these numbers don’t express how bad July really was. Even though the working age population increased by almost 200,000, the labor force fell by 150,000, as more people gave up on finding jobs. If the labor force participation rate had been the same in July as it was during George Bush’s last month in office, the unemployment rate would have been reported at 11.2%, rather than 8.3%.

The U.S., Woodhill glumly observes, moved 324,000 jobs father away in July from full employment, which is now 2.8 million jobs more distant than when Obama’s so-called “recovery” began.

Americans can wake up to the realities that the economy teeters more precariously than ever on the brink of the abyss. Or they can re-elect Barack Obama and hope that the fall, though painful, will be quick.

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Comments

meanwhile, his supporters put up graphs on FB that Obambi created 2.9 million private sector jobs in his tenure.

where?

kelley in virginia on August 8, 2012 at 2:48 PM

Hey one of his sepcial ed horde was trying to sell the idea that Obama cut the deficit 5 trillion dolars….

social media is a stupidity bullhorn not a tool to educate.

harlekwin15 on August 8, 2012 at 3:05 PM

What do you expect from bho/team? bho has a problem getting a million, billion, trillion correct, so any number that comes out of dc under bho/team means squat to me! The whole blooming bunch are lying their fool heads off!

The sad fact, those getting news from bhopress, have zero clue about how bad things are?
L

letget on August 8, 2012 at 3:10 PM

Will the MSM ever make Obama tell the truth?

magicbeans on August 8, 2012 at 4:40 PM

Obama used the private-sector measure of the CES, so technically they’re right.

HOWEVER, that is based on a survey that has been proven to be gamed in favor of Teh SCOAMF. The QCEW, which unfortunately is not seasonally adjusted, paints a “slightly” different picture as it countes every job that is covered by unemployment insurance.

Take, for example, the August 2008 and 2009 numbers. The QCEW had a seasonally-unadjusted private-sector job gain of 52K between July 2008 and August 2008 and a seasonally-unadjusted private-sector job loss of 134K betwee July 2009 and August 2009. Miracle seasoning and selective sampling allowed Teh SCOAMF to claim, however, that the job loss in August 2008 was greater in August 2009.

Steve Eggleston on August 8, 2012 at 6:47 PM

ReWrite™ of the last sentence necessary:

Miracle seasoning and selective sampling allowed Teh SCOAMF to claim, however, that the job loss in August 2008 was greater than in August 2009.

Blanking typos.

Steve Eggleston on August 8, 2012 at 6:50 PM

This is much easier done than many suspect. You simply subtract the new hires from the new UIB claims.
Because it is so simple, the current DOLS has been jiggering the numbers absurdly. Last month, America LOST 210,000 jobs. The net lost has been continued now for in escess of 18 months. It is a disaster.

pat on August 9, 2012 at 2:44 AM

kelley in virginia
There is actually a net loss of over 9,000,000 jobs. The so called gain measures hires without subtracting fires/no benefit laborers. They cull those.

pat on August 9, 2012 at 2:46 AM

He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors.
Thomas Jefferson

And everybody that has their eyes and ears open knows the Obama administration is filled with falsehoods and errors (like these phony jobs numbers they’re using).

sadatoni on August 9, 2012 at 3:04 PM