Loading...
Profile image
By Political Calculations (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

President Obama's Job Creation Claims

% of readers think this story is Fact. Add your two cents.


President Obama has been claiming while out on the campaign trail that he has created over five million jobs since being sworn into office in January 2009.

Today, we’re going to adapt the chart we normally feature after each monthly employment situation report to see what the real numbers are, by age group!

Our chart below reveals what we found:

Overall, we find that there are 743,000 fewer employed teens through October 2012 as compared to January 2009, while young adults between the ages of 20 and 24 saw their numbers increase by just 497,000. Adults Age 25 or older saw their numbers among the employed ranks of the U.S. workforce increase by a relatively lackluster 1,443,000.

Altogether, that brings President Obama’s total jobs created for his presidency up to 1,197,000, about 76% below his claimed job creation figure of 5,000,000. Put another way, President Obama’s net job creation ability is less than one-fourth as good as he claims it to be. And where teen employment is concerned, outright negative.

Loading...

All of the positive net gain in jobs for President Obama have come within the last three months after having been stalled out in the first half of 2012. This outcome is consistent with our observation that the U.S. economy went through a microrecession in the second quarter of 2012, followed by a much more robust performance in the third quarter.

We continue to anticipate that growth in the U.S. economy will decelerate off its third quarter pace, which will likely be more negatively affected by the disruptive effects of Hurricane Sandy in the northeastern United States than we had originally forecast.



Source:
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Support BeforeitsNews by trying our natural health products! Join our affiliate program
Order by Phone at 888-809-8385 or online at
www.mitocopper.com


Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

APeX - Far superior to colloidal silver! Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!

Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!

Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)


FINAL WARNING!  Diseases are EXPLODING!  Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver!  APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver!  Nobody else has a product like THIS!   See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS!  Get some now and tell your friends about it too so we can reach more people!  


APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.


Learn about APeX Here and Get the 50 Page Report in PDF format.   Call us at 888-809-8385 to order by phone.



Report abuse
Loading...
    Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Loading...
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.