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Let's look at some REAL numbers, shall we? How about this: www.livetradingnews.com...
The average work week for all workers held at 34.5 hours.
The underemployment rate, that includes part- time workers who prefer a full-time position, and people who want work but have given up looking held at 14.5%.
The number of temporary workers increased 21,100. Payroll at temporary-help agencies often slow as companies seeing a steady increase in demand take on permanent staff.
Transportation and warehousing, government agencies and construction all cut jobs in April.
The participation rate, which indicates the share of working-age people in the labor force, fell to 63.6%, the lowest since December 1981, from 63.8%.
Originally posted by TSZodiac
reply to post by xuenchen
Yes - more truths that you will NEVER see in the MSM, and - notice please - that as soon as some "truth" is posted on this thread, it disappears from the Home Page.....Interesting, N'est Pas?
Obama’s job creation record – the whole truth
January 14, 2012 | Filed under 2012 Presidential Race,Barack Obama,Economics,Employment | Posted by Michael Laprarie
Undoubtedly over the next few months we will hear the Obama campaign repeat the claim he made last week during a visit to the new Consumer Financial Protection Bureau – 3.2 million jobs have been created in the last 22 months, including nearly 2 million last year. In Democratic party propaganda, you’ll often find claims like this paired with data from George W. Bush’s presidency, suggesting that three years into Bush’s first term, he had presided over a loss of 3.2 million jobs.
It’s technically true that according to adjusted statistics, there have been over 3 million new hires across both the public and private sector. But that didn’t happen in a vacuum. What the Obama Campaign wants to avoid at all costs is a discussion of the full state of the current labor market.
First and foremost, although the President and the mainstream media are celebrating our new “low” 8.5% unemployment rate (still over 50% higher than average unemployment during the Bush Administration), that number is strongly dependent on seasonal hires for the holidays, and the continuing shrinkage of the labor pool. Right now, the number of Americans 16 and older who have jobs stands at 58.5%, the lowest it has been since 1983.
Further, over a million eligible workers have given up and stopped looking for work since 2008. If our current unemployment rate were recalculated using the size of the labor pool from December 2007 (62.7%) we would have an unemployment rate of 11%.
The reason why so many have given up is our dismal long-term unemployment situation, which is now the worst since the Great Depression. Right now, over 45% of jobless Americans have been unemployed for six months or longer.
Other unemployment statistics remain equally grim. The U6 unemployment rate, which measures the unemployed plus the underemployed who are still actively seeking employment, stands at nearly 16%. The unemployment rate among teens is hovering around 25%. The unemployment rate among blacks remains steady at 16%, with over 40% unemployment among black youths.
Now let’s look at “job creation” via Obama’s $850 billion Stimulus plan. Although the Administration claimed “2 million jobs created or saved” by the Stimulus in 2009, further analysis showed that most of the money invested by the government went toward subsidies to keep existing workers on government payrolls, rather than toward new hires. One widely publicized study reduced the number of ‘created or saved’ government jobs to 450,000, with a concurrent reduction in the private labor market of over 1 million jobs.
Other studies have shown that, instead of inspiring state and local governments to undertake new projects and hire more unemployed workers, the bulk of Stimulus money was used to pay for projects already on the books that were completed by workers already on state or local government payrolls. Government contractors in the private sector were asked to buy unnecessary equipment and complete jobs inefficiently, in order to cook statistics and make it appear that a great deal of money was being quickly spent on Stimulus projects.
Finally, adding insult to injury in the employment market, only 42% of private firms that received Stimulus grants or contracts actively sought to hire the unemployed; the rest simply used the money to poach workers from competitors. 47% of workers hired for Stimulus-funded jobs were already employed at other similar jobs.
According to generally accepted statistics, the US labor market shed 8.5 million jobs during this most recent recession. Assuming that we indeed added 3.2 million Americans to public and private sector payrolls during the last two years, we are still far, far behind in terms of economic recovery. And when you factor in all the above details - the number of workers poached from private sector jobs by Stimulus subsidies, the percentage of long-term unemployed (which is not improving), the millions who have given up looking for work and have dropped out of the available labor pool – it becomes obvious that there has been no recovery at all, at least in terms of employment.
And Barack Obama desperately wants to make sure that you don’t understand that.
Obama Lies About Ohio Bridge Repairs For a Second Time
May 4, 2012 | Filed under 2012 Presidential Race,Barack Obama,Big government,corruption,Culture Of Corruption,Democrats,Economics,Liberals,Media,Obama Regime | Posted by Warner Todd Huston
Apparently Obama and his administration operate under that old, underhanded adage that if you tell a lie long enough and loud enough it becomes “truth” because Obama has done it again by lying about how his jobs bill was to have been instrumental in the repairs of bridges that span the Ohio River.
Back in September President Obama had another one of his campaign rallies disguised as a press conference in downtown Cincinnati in front of the Brent Spence Bridge, a span that connects Ohio and Kentucky. At that time he claimed that his jobs bill and stimulus money was to pay for much needed repairs on the bridge. Afterward, newspaper fact-checkers in Cincy as well as Washington DC noted that Obama’s claims were simply untrue, no stimulus money was going to any of the bridges over the Ohio river, much less the Brent Spence.
The scolding of the media doesn’t seem to have deterred Obama, however, for this week he’s done it again. Lied about how his stimulus money and jobs bill cash was to go to repair bridges across the river.
Back in September, the Washington Post’s Fact Checker blog gave Obama its Three Pinocchios rating for his false claims. Today the WaPo has upped the ante giving Obama’s claims four Pinocchios for his newest assertions, this time campaign rhetoric that Republicans are making the bridges unsafe by blocking his big spending plans.
On April 30 in remarks made at a D.C. conference of the AFL-CIO’s Building and Construction Trades Department, Obama made the direct claim that Republicans “said no” to his jobs bill and this, he said, was making the bridges across the Ohio unsafe. At the conference he said:
I sent them a jobs bill that would have put hundreds of thousands of construction workers back to work repairing our roads, our bridges, schools, transit systems, along with saving the jobs of cops and teachers and firefighters, creating a new tax cut for businesses. They said no. I went to the Speaker’s hometown, stood under a bridge that was crumbling. Everybody acknowledges it needs to be rebuilt. Maybe he doesn’t drive anymore. Maybe he doesn’t notice how messed up it was. They still said no. There are bridges between Kentucky and Ohio where some of the key Republican leadership come from, where folks are having to do detours an extra hour, hour-and-a-half drive every day on their commute because these bridges don’t work. They still said no.”
But is any of this true? The WaPo says no. The Post fact-checker said he understood the need for symbolism but that need “does not give a president license to stretch the facts.”
Obama’s lies this time were even more egregious than those of last September. Last time Obama simply made vague claims that he was going to fix the Brent Spence Bridge — claims that were not true as his federal money outlays were not going to that bridge in the first place.
But this time he’s gone full-on liar-liar with his campaign rhetoric that the Republicans have actually blocked funding that was to go to bridge repairs.
In his remarks to the union thugs, Obama alluded to a bridge that “won’t work” implying that it has been shut down. The only bridge across the Ohio that fits this description is the Sherman Milton Bridge that connects Indiana and Kentucky near Louisville. A crack was discovered in that bridge last year but, as it happens, it was discovered that this crack had been there since 1962. Further, the bridge was quickly repaired and none of Obama’s jobs bill money or stimulus cash was used.
As the WaPo notes, “While Obama claimed ‘these bridges don’t work,’ the Sherman Milton Bridge has already been repaired, ahead of schedule, and motorists are driving over it again.”
Finally, Obama’s claim that it was only Republicans that blocked his jobs bill is also simply untrue. The bill he was touting at the time had bipartisan opposition and couldn’t even get past his Democrat controlled Senate.
The WaPo concludes:
Calling out the Republicans at the Brent Spence bridge was bad enough, given the bipartisan support for its reconstruction. But pointing to the Sherman Milton Bridge, which already has been repaired without funding from the president’s jobs bill, is ridiculous.
Perhaps the president was using outdated talking points, but that’s little excuse. Given that the president earned Three Pinocchios before, we have little choice but to up the ante this time.
Once again we see a president that makes outright false claims over and over again imagining that if he just says the lies enough people won’t notice that he’s lying any more. Still, Obama does know one thing. He knows that most news outlets will uncritically report his words as “news” without noting where he is lying and voters will hear his fantasy “facts” and imagine that he is telling them the truth.
In that case, he’s right. All he has to do is tell any lie he wants and most of the time his words will be taken as fact whether they are or not. Bloomberg, for one, never noted that Obama lied in its report. Neither did ABC News. And neither did the National Journal which happily noted Obama’s attacks on Republicans but didn’t note his lies. In fact, only the WaPo Fact-Checker noted his outright lies at the union event. Many other followed suit reporting Obama’s words as if his claims were legitimate political points.
As Obama’s preceding ideological father once said, “A lie told often enough becomes the truth.”