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EarlG

(21,958 posts)
Fri Jan 5, 2018, 12:48 PM Jan 2018

Pic Of The Moment: Donald Slump: 2017 Was The Worst Year For Job Creation In Six Years



Job growth slows to a six-year low in Trumps first year


12 replies = new reply since forum marked as read
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Pic Of The Moment: Donald Slump: 2017 Was The Worst Year For Job Creation In Six Years (Original Post) EarlG Jan 2018 OP
My, my, my. Who would have guessed that? Arkansas Granny Jan 2018 #1
K&R Gothmog Jan 2018 #2
I asked this in another thread TlalocW Jan 2018 #3
Yeah, I don't think this is really a winning argument. progressoid Jan 2018 #4
my response in that thread NewJeffCT Jan 2018 #6
Dems know how to govern and the GOP never has been very good at it. BigmanPigman Jan 2018 #8
it's actually 7 years NewJeffCT Jan 2018 #5
Good question... Tough question... Bragging rights keithbvadu2 Jan 2018 #7
Why isn't this being covered endlessly by CNN and MSNBC? lark Jan 2018 #9
Caligula sometimes talked about 94 million jobless Americans during the campaign, progree Jan 2018 #10
Mine is so bigly and beautiful Yo_Mama_Been_Loggin Jan 2018 #11
What a loser. 2naSalit Jan 2018 #12

TlalocW

(15,388 posts)
3. I asked this in another thread
Fri Jan 5, 2018, 01:36 PM
Jan 2018

Trump is bragging about an economy (2017's) that democrats are claiming he has no right to because he couldn't have passed anything to affect that year. It was essentially, Obama's last budget/economic plans. So are we being intellectually dishonest when we use job numbers against him? Is there a way to honestly separately the economy, which was pretty good in 2017, from falling jobs numbers?

TlalocW

progressoid

(49,992 posts)
4. Yeah, I don't think this is really a winning argument.
Fri Jan 5, 2018, 03:13 PM
Jan 2018

It is a bit disingenuous since we generally blame Obama's first year or two on Bush.

NewJeffCT

(56,828 posts)
6. my response in that thread
Fri Jan 5, 2018, 03:15 PM
Jan 2018

The good economy is still because of policies put into place by Obama during his tenure – the solid GDP growth and the good performance of the stock market. However, the weakening job growth is a sign that the economy could be headed south. Did the private sector slow down hiring in anticipation of Trump and Republicans having a negative effect on the economy? Have sectors been negatively affected by Trump (i.e., tourism/hotels; healthcare over the uncertainty about Obamacare’s repeal) You can’t tell anything for certain, but 80-90 years of history have shown that the economy tends to be better with Democrats in the Oval Office.

BigmanPigman

(51,615 posts)
8. Dems know how to govern and the GOP never has been very good at it.
Fri Jan 5, 2018, 03:28 PM
Jan 2018

The thing that angers me is the Dems always have to clean up GOP messes when we get into office but they never get the credit or gratitude. They are blamed for other BS by the GOP instead and the Americans follow them like sheep.

keithbvadu2

(36,855 posts)
7. Good question... Tough question... Bragging rights
Fri Jan 5, 2018, 03:16 PM
Jan 2018

Good question... Tough question... Bragging rights

If Donald wants to brag about stuff, he owns all the stuff.

(reply to TlalocW)

lark

(23,138 posts)
9. Why isn't this being covered endlessly by CNN and MSNBC?
Fri Jan 5, 2018, 03:28 PM
Jan 2018

They just rave on about unemployment rate and stock market. I didn't know this jobs creation information until this minute, shameful since I watch MSNBC at least several hours a day, spend at least an hour here and read any related articles in NYT and now WaPo.

progree

(10,910 posts)
10. Caligula sometimes talked about 94 million jobless Americans during the campaign,
Fri Jan 5, 2018, 03:37 PM
Jan 2018

(citing the "Not In Labor Force" number) and said the real unemployment rate is 40% --
Not in Labor Force, Age 16+ https://data.bls.gov/timeseries/LNS15000000

Here is the 12 months of 2017 (in thousands):

2017: 94364 94248 94179 94407 95038 94743 94684 94759 94480 95395 95416 95512

Interestingly, its up by 1,148,000 since the inaugural month of January, so you don't hear very much about it from Trump or his Trumpanzees anymore. (1.148 million more "jobless Americans" to use Trump's campaign rhetoric)

I discuss this some more at
https://www.democraticunderground.com/?com=view_post&forum=1017&pid=466755

Some other stats of interest:

Civilian labor force, 16 and over, thousands, https://data.bls.gov/timeseries/LNS11000000

Civilian noninstitutional population, 16 and over, Thousands, https://data.bls.gov/timeseries/LNS10000000

Since January, the Labor Force has grown by only 879,000,
the Not in Labor Force number has grown by 1,148,000
while the civilian non-institutional population (the sum of the above two numbers) has grown by 2,027,000

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