Showing posts with label Bureau of Labor Statistics. Show all posts
Showing posts with label Bureau of Labor Statistics. Show all posts

Friday, June 17, 2022

February, 2018: Explaining Job Numbers to Trump Fans

 

EXPLAINING JOB NUMBERS TO TRUMP FANS

 

Can’t we all just get along? Conservative friends of the blogger who glance at these posts always seem so…mad.

 

Let us strive to find common ground. For example, are monthly job gains good so far under Emperor Trump?

 

Yes.

 

Are they as good as under President Obama, notorious Kenyan interloper, according to Trump?

 

They are not.

 

____________________

 

This is what we liberals refer to as “using facts.”

____________________

 

 

We of the liberal persuasion will do our best to outline relevant facts. Let us begin with a quick perusal of the Bureau of Labor Statistics reports to form a picture of the growth of the job market in recent years.

 

Unless I have made some minor error in addition the total number of jobs added each year, once the Great Recession ended, would be as follows:

 

2011:   2,074,000

2012:   2,176,000

2013:   2,301,000

2014:   3,004,000

2015:   2,720,000

2016:   2,345,000

2017:   2,114,000


I added a chart later, which covers all of Trump's time in office.


 

Of course, conservatives once insisted job numbers couldn’t possibly be that good. You may even remember that happy day when Candidate Trump claimed 93 million Americans were without jobs.





 

That claim was so far-fetched it seemed no one who could count on fingers and toes and come up with anything close to “twenty” would fall for it.

 

Yet many in Trumpistan did.

 

Suppose this claim had been true. Even if we cut Emperor Donald I some slack, even if we ignored the entry of a couple million young people into the labor force this year, even if we simply subtracted the number of jobs created in 2017, it would mean at least 91 million Americans still lack employ.

 

 

Ten thousand baby boomers retired every day.

 

Of course, I know my conservative friends like to say the job gains under Obama didn’t hold up because the labor participation rate plunged. Magazillions of Americans, they insisted, had given up looking for work. So, we can check Bureau of Labor Statistics and see what we find. That participation rate did drop from 66.2% in January 2008 to a 62.7% in December 2015.

 

I would point out to my Trump-loving friends that 10,000 baby boomers retired every day. I would do my best to explain how this would impact the labor participation rate. Senator Rob Portman, an admitted Republican, said as much, but in a different context, in a 2014 speech. This figure, 10,000, was reported first in the Wall Street Journal. It was then analyzed by the Washington Post. The Post agreed Portman’s figure was accurate, meaning 3.5 million Baby Boomers were bowing out of the job market every year. My friends of conservative bent did not wish to hear such math.

 

It made them angry when I kept citing figures from the Bureau of Labor Statistics.

 

In fact, who can forget Candidate Trump insisting that Obama’s good job numbers were one of the “biggest hoaxes in politics.” The monthly numbers remained a hoax till he took office. Then the numbers became, in some magical fashion, real. Press Secretary Sean Spicer said so himself, as soon as the first good reports were issued for Trump. The numbers “may have been phony” before, Spicer informed stunned reporters.

 

They were “very real” now.

 

Again, this humble blogger had a hard time believing anyone could fall for such math-defying dung.

 

 

The economy had shed 4,000,000 jobs.

 

Today we find ourselves in a position to study the job numbers for the first year of the reign of Emperor Donald I. Technically, he should not get credit for all gains in January 2017 since he took over after 19 ½ days had passed. Still, we shall allow him all those gains. (We are if nothing else, gracious in our assessment.)

 

As we can quickly see, if we grab our calculators and start punching buttons, Obama added more jobs five years in succession (2012-2016) than the Donald I in 2017. Finally, we should disabuse our conservative friends of the idea that Trump “inherited a mess” when he took office. For 76 months in succession, jobs had been added to the U.S. economy, starting in October 2010.

 

By comparison, Mr. Obama did inherit a mess. If we consider the last eleven months of 2008 and the first 19 ½ days of January 2009 (assuming Obama could not cause job losses till he took the oath of office at noon on January 20), we learn that he took over an economy which had just shed 4,072,000 jobs.

 

Even Donald J. Trump can probably tell. Losing 4,072,000 jobs in one year is worse than gaining 2,000,000 + jobs annually for six years.

 

What does that leave Trump to brag about when comparing job numbers? True, gains could strengthen in months ahead. He could outperform Obama in the end. We cannot know. We can, however, knock another plank out of the argument that economic miracles have been performed since he took office.

 

For those who love Trump, we also find that labor participation rates have ticked down slightly in the last year.


Summing up, again focusing on facts, as far as job creation is concerned, Emperor Donald is doing a good job.

 

He’s not doing significantly better than the man who preceded him in the White House. In fact, he’s doing a bit worse.

 

And, just for fun, remember that Mr. Obama was never accused of paying off porn stars during his time in office.

Monday, April 18, 2022

February 8, 2020: Liberal Math vs. Trump Math

2/8/20: The preliminary job numbers for January 2020 are good. The December numbers are revised upward. 

I may be a liberal, but the math for President Trump, his jobs record, is good. I don’t deny the obvious. I’m not prone to telling incredible whoppers…like…President Trump. 



Were these babies really looking for jobs?

 


Liberal Math vs. Trump Math. 

Let’s roll with the math facts. According to the Bureau of Labor Statistics, 225,000 jobs were created in January. That means we can expect Trump to shout the good news from the top of every Trump-branded building in the land. 

But I admit it. I don’t understand “Trump Math.” 

December 2019 figures may change slightly in February. But as of now, the Bureau says 2,096,000 jobs were added in 2019. I’m a liberal. I’m not a moron. I believe in facts. If the Bureau says almost 2.1 million jobs were added last year and unemployment stands at 3.6%, I’m good with that.

 

That doesn’t mean I can untangle Trump Math. I’ve been trying to come to grips with the numbers for years, ever since Professor Sean Hannity, a practitioner of Trump Math, told his night school students that when Obama left office there were 95,000,000 Americans out of work. That, Professor Hannity assured his classes, was Barack Hussein Obama’s “disastrous legacy.” 

Like I say, I go for facts. Click the link and you can watch Hannity bloviate yourself. So, what has happened since he said all those folks were wandering the highways and byways, looking for work? 

According to Trump Math we have to assume Hannity will soon be insisting his orange hero has created 88 million jobs since taking over in January 2017. That’s Trump Math. That’s how it works.



The two practitioners of Trump Math - Professor Hannity and the Orange Guru.


 

If Hannity was right – and Trump, who put the figure of people out of work because of Obama at 93 million was right – then, yes, when Donald J. Trump took office he did “inherit a mess.” And not a little mess. That would be a “mess,” like finding elephant poop trampled into your living room rug. But there it was: Trump Math. According to Hannity and a whole bunch of other right-wing mathematicians, a little more than one in four Americans, if we started with the entire populatioy, was looking for work on the day Trump swore to uphold the Constitution and only occasionally ask foreign countries to help him win U.S. elections. 

 

Trump fans must believe it and get mad at liberals if they don’t. 

Back in the day, before Trump had a chance to make America great, and get impeached, he was already scoring points by touting Trump Math. Mexico was going to pay for the Wall! Trump was going to balance the budget and wipe out $21 trillion in national debt if we gave him two terms to work his magic. He was insisting, variously, that the real unemployment rate under Obama was way higher than what the Bureau of Labor Statistics said. On the eve of the 2016 election, Trump insisted the rate was something like 42%, or 28% or 29% or 35%. He wasn’t sure which; but he had “heard” those numbers!!! 

According to Trump Math those numbers had to be true. That’s an axiom of Trump Math. If Trump says it, no matter how stupid, all Trump fans must believe it and get mad at liberals if they don’t. 

Trump fans get mad a lot. 

Here’s what the Bureau of Labor Statistics said in January 2017. The unemployment rate was a modest 4.7%.


Allow me switch to Liberal Math for a moment. Also known as “statistics.” The U.S. population in 2017 was, rounding down, 325 million. If 42% of 325 million Americans were unemployed, that would mean 136.5 million men and women were looking for jobs. If we took Trump and Professor Hannity’s claims to heart, and used a figure of 28%, then, okay, we were close. At that rate, you had 91 million Americans out of work. 

 

The impossibility of impossible claims. 

You’d still have to be using the entire population to make such claims work. You’d have to be counting grade school kids, toddlers, babies, and centenarians to make Trump Math fit. The babies would have to crawl from place to place in search of jobs. As for work experience, all they’d be able to list would be, “Drinking my bottle, sleeping in a crib, and pooping my pants.” 

Desperate centenarians would be hobbling from shop to store to factory and back to the unemployment office with their walkers, having searched desperately for jobs and come up empty. 

Liberal Math holds that the person speaking, or writing, must remain rooted in reality. So we need to check statistics again. The U.S. labor force (not the U.S. population) in January 2017 numbered 160 million people. So, any claim – that 93 million – or 95 million – or 136.5 million persons were out of work – would make zero sense. But that was what Trump Math said. 

Here we have no choice but to point out to Trump fans, the impossibility of impossible claims. 

When the new job numbers came out in February 2017, they were good. And the bragging commenced. Trump had often insisted that any good job numbers under Obama were “phony,” “artificial,” and “the biggest hoaxes in modern politics.” The numbers were “rigged.” Trump fans listened. They believed. And they hated Obama and liberals for what they had done. Now after just one full month in office, the Bureau said unemployment had dropped one tenth of a percent, with Trump in charge, to 4.6%. The right-wing rejoicing began. Reporters asked Press Secretary Sean Spicer if the good job numbers were suddenly real. “They may have been phony in the past,” he replied with a grin, “but it’s very real now.”  

Look, Liberal Math is just math. 

By comparison, in order to fall for Trump Math, you would have to be such a colossal idiot that you would be too idiotic to realize you were an idiot. 

 

From 28% to 4.6% unemployment in one month! 

If we allowed Mr. Trump the easiest possible case – that the “real” unemployment rate was 28% the day his predecessor left office, then he was saying that at minimum, using the whole population of the country, 91,000,000 Americans were out of work. Or we could use Liberal Math and be nice. If we granted Trump his claim, and figured 28% of the workforce was out of jobs when Obama left Washington D.C. – then 44,800,000 Americans were unemployed. 

That’s how regular math, also known here as Liberal Math, works. You can’t make stupid shit up. 

Trump takes over. The first month unemployment falls to 4.6%. 

Liberal Math says: Okay. That sounds plausible. The Bureau of Labor Statistics has no reason to lie. So: 4.6% it is. 

The next step doesn’t work. According to Trump Math we have just gone

 

Here we must revert again to Liberal Math. Sometimes called: “percentages.” If the U.S. workforce included 160,000,000 men and women, then 4.6 % unemployment would mean 7,360,000 individuals were looking for work. Trump had said that the real unemployment rate before he took over was at least 28%. 

Here is how Trump math has to work:  

44,800,000 Americans are out of work when Obama leaves office (January 2017).

  – 188,000 Jobs are created (February)

  7,360,000 Americans out of work (March 1, 2017)

 

That’s what Trump fans had to believe. That’s the line Professor Hannity was pedaling. What you had to believe, if you loved Trump, was that 188,000 jobs had been added to the economy in February. 

And somehow 37,440,000 people who were unemployed before now had jobs. This miracle made “loaves and fishes” look like a parlor trick. 

Let us break this to Trump lovers as gently as possible. Trump Math is horseshit. And he’s not even that fantastic a jobs creator. He’s good. Okay. We give him that. He’s not Bush 43 or Jimmy Carter. He’s just not as good as he thinks, or as his loyalists believe. 

Once again, let’s go to the charts. If we add up monthly figures from the Bureau of Labor Statistics, we find: 

JOBS ADDED: 

2019                2,096,000

2018                2,314,000

2017                2,109,000 

Good job, President Trump. 

 

An economy that was hemorrhaging jobs. 

Now let’s look at the numbers for President Obama, once he pulled us out of the Great Recession. 

(Not caused by Obama, or Democrats, by the way.) 

Sorry, Trump fans; but Liberal Math is clear. Obama: That man really did “inherit a mess.” He took over an economy that was hemorrhaging jobs. 

Bush 43 did that. 

So, what happened, starting in October 2010, when the United States, and much of the rest of the world, finally began to recover from the worst recession in eighty years? 

To the charts again!

 

JOBS ADDED: 

2016                2,341,000

2015                2,720,000

2014                3,004,000

2013                2,301,000

2012                2,176,000

2011                2,074,000

 

Now, let’s do some Liberal Math. Liberal Math is sometimes called “addition, subtraction, multiplication and division.” 

First, another snippet of Trump Math, to set the stage. Mr. Trump and his minions insist that any jobs added from the moment he was elected (November 8, 2016) must be credited to him. Because. Well… 

It’s magic. 

Let us therefore grant Trump his claims of magic powers. For simplicity, we start the clock on November 1, a week earlier. We are too lazy to divide up a month and give part of the numbers to Obama and part to President Donald J. Magic Man. That means the clock starts ticking on 11/1/2016. 

If we give President Trump that generous starting point and add all jobs created since, we see that 7,125,000 jobs have been added in the last 39 months (November 2016 through January 2020). 

That averages out to 182,692 jobs per month.

 

Now, for comparison purposes, we start in October 2010, when the Great Recession ended. We add the last three months of that year, and all the jobs created up to the end of October 2016. Because that’s how Liberal Math works. Addition. And we find that during that period, under Obama, the economy added 14,700,000 jobs. We divide by 73, because, again, that’s how Liberal Math works. Division. What do we learn? During a stretch of just over six years, leading up to the moment Trump was elected, President Obama added an average of 201,370 jobs per month. 

Liberal Math says: Trump has been good. 

Obama was better.


  

POSTSCRIPT: Preliminary job numbers for January 2020, show that President Trump is barely holding his own in the bloody “War on Coal.” Since taking over the Oval Office and pushing policies to push burning of more coal, he’s not even close to victory. If we look at the numbers for November 2016, when he says his magic began, we see there were 50,400 coal miners at work in this country. 

As of January 2020 that number has “surged” to 47,000, a gain of… 

What? A loss of 3,400 mining jobs in three years? 

By comparison, climate change continues to threaten everyone riding around on the globe. One continent, Australia, has gone up in smoke. A second, Antarctica, not exactly known for balmy weather (it’s summer in the Southern Hemisphere now), hits an all-time high temperature today: 64.9°. 

That record, roughly 15° above normal for the Antarctic Peninsula, which juts out to the north, topped an “old” record high, set back in 2015. In the last 50 years, average temps there have risen by 5.4° and at current rates melting ice across the continent could add an additional 16 inches of water to the world’s oceans by the end of the century. 

Don’t expect to drown if you live in Ohio. But flooding problems along all the world’s coasts will worsen.

Trump Math also "tells" us that if global temperatures are rising, we shouldn't worry.

 

BLOGGER’S NOTE (5/10/2020): We learn in April that electricity generated from renewables in this country surpasses energy generated from coal every day that month. 

Much sympathy to the coal miners and their families and communities; but few coal mining jobs are ever coming back.

 

BLOGGER’S NOTE #2 (4/18/2022): A second check of the numbers shows that by the end of Trump’s term in office, when he had to be dragged out of the White House, still insisting he won a second term in a “Trump Math” landslide, he had been routed in the “War on Coal.” Only 37,700 coal miners were still employed.

Saturday, October 6, 2018

Can You Pass This Test on Trump and His Job Numbers?


TODAY, TRUMP FANS and Trump mockers, since we can’t agree on Judge Kavanaugh’s fitness for a seat on the U.S. Supreme Court, let’s see if we can agree on something concrete.

I mean: math.


According to the website that has this for sale it's a pro-Kavanaugh shirt.
I'm not sure I agree.


Let’s imagine that sometime back, a president claimed that 94,000,000 Americans were desperate for jobs. And, now that he had taken office, he was going to fix that problem and quick. 

Question #1: Which of the following was it?

A)   Franklin D. Roosevelt
B)    Millard Fillmore
C)   Barrack Obama
D)   Donald J. Trump


(Admit it: You probably didn’t even know Fillmore was President of the United States back in 1850.)

In any case, the correct answer is: “D.”

Yes, in March 2017, Trump claimed that 94 million Americans were out of work, a figure he also cited while running for office. If you believed that figure then, or believe it now, you are probably a hopeless nincompoop and should stop taking this test and seek immediate medical assistance.

Sean Hannity did believe it, which makes you wonder if some Russian agent might have sneaked into his studio and left behind radioactive hair gel—and no one noticed even though it is increasingly clear something has damaged Sean’s brain.

*

MOVING ON, as I said, I like math. So, for the numbers that follow, I consult the Bureau of Labor Statistics, where I like to go for what we liberals call “facts.”

Now, back to the test!

 Question 2: If Donald J. Trump and Fox News claim in March 2017 that 94 million Americans are looking for work and Bureau of Labor Statistics show that roughly 4 million jobs have been added to the U.S. economy since, then at least 90 million Americans must still be looking for work?

A)   True

B)    False

I don’t make up the math, Trump fans, I just do the math. “A” is correct!


Question #3 requires background. When monthly job numbers under Obama kept coming in good, Candidate Trump said the numbers were “phony” and “rigged.” Even sensbible conservatives agreed and liked to point out that the labor participation rate had plunged under Mr. Obama. 

According to right-wing nuts, a different category of conservatives, it was all Obama’s commie-Kenyan-terrorist-paling-around-with-fault.

Naturally, now that the numbers are no longer rigged and Trump is adding jobs at what he insists is a feverish pace, which number, according to the Bureau of Labor Statistics, represents the lower labor participation rate?

A)   January 2014: 62.9 percent
B)    January 2015: 62.9 percent
C)   January 2016: 62.8 percent
D)   January 2017: 62.9 percent
E)    January 2018: 62.7 percent
F)    September 2018: 62.7 percent

Yes, “E” and “F” are correct! 

This does not mean President Trump is doing a terrible job on employment. He is not. In fact, he and his aides are hiring up lawyers at a fearful pace!

It does mean that Trump and an alarming number of conservatives and all the right-wing nuts were full of crap when they faulted Obama for the decline in the rate.

(In fact, most of the decline from 66.2 percent in January 2009 had to do with roughly 10,000 baby boomers retiring every day.)

OKAY, HERE IS AN EASY ONE. Sharpen your pencils and write down the proper letter on your paper.

Question Four: If the Bureau of Labor Statistics cites job losses (in red) and gains for the thirteen months up to and including the month they took office, which president inherited the real mess?


A)   +103,000, +257,000, +235,000, +174,000, +34,000, +285,000, +325,000,  +175,000, +264,000, +140,000, +172,000, +180,000, +259,000 (Trump). 


B)    +8,000, -81,000, -55,000, -229,000, -184,000, -154,000, -213,000, -277,000, -443,000, -475,000, -759,000, -707,000 and -787,000 (Obama).

Clearly, even the numbest numbskull can see that the numbers for “B” are worse. If you are just taking office, you would prefer to “inherit” “A.”

So, if you marked “B,” good job Trump fans or Trump mockers. 


Now, a harder one—and you may mark as many as you like. 

Question 5: Which statements are true?

A)   President Obama inherited “B;” therefore he inherited a mess.
B)    President Trump inherited “A;” therefore he did not inherit a mess.
C)   President Trump likes to claim he inherited a mess; therefore all the jobs created from the moment he won election he gets the credit for; meaning he believes he possesses magical powers.

The math clearly shows: A and B are correct. If you marked only those two, you may count your answer right. 

President Trump and his fans have also claimed that he deserves credit for all job gains from the moment election results were final in November 2016, Hillary’s tears started to flow, and Vladimir began to party.

If you marked “C” give you get a bonus point. If you believed “C,” however, you are a Trump-loving, reality-challenged fan. 

Therefore, no extra point for you.

Last, but not least, here are graphs showing job gains for four periods of twenty months each. Together they cover the period from December 2011 to September 2018. (Two are slightly different in scale because at least one month of gains tops or touches 350,000 during two spans measured, which throws off the scale). 


GRAPH A.

GRAPH B.
GRAPH C.


GRAPH D.

Now a series of questions:

Question #6: Which of these choices is correct?

A)   Graph A shows job gains under Obama in his last twenty months in office and Graph B show job gains under Trump in the twenty months since he took over.

B)    Graph B shows job gains under Obama in his last twenty months in officeand Graph A shows job numbers under Trump in the twenty months since he took over.

C)   Graph C shows job gains under Obama, Graph D under Trump.


D)   Graph B shows job gains under Obama, Graph C under Trump.

Choice B is correct. 


Question #7: If you total the jobs added on graphs A and B which president added move jobs total during the periods (leaving out January 2017 figures, which were split for the two men) above?

A)   President Trump

B)    President Obama

Yes, Obama  did! B.


Question Eight (True or False): All four graphs show that job gains during the 20-month periods highlighted were solid and good and roughly equal.

Answer: “True.


Question Nine: President Trump promised, if elected, to reduce the deficit and, if reelected, in eight years to eliminate the national debt entirely. (This sounded like magic; but still his fans believed him.)

The federal deficit for Fiscal Year 2016, under President Obama, was $585 billion. The deficit for Fiscal Year 2017 rose to $665 billion. (That fiscal year falls mostly under Obama.) The Congressional Budget Office now reports that the deficit for FY 2018, just ended, was $782 billion.

A)   The deficit is decreasing since Trump took over.
B)    The deficit is not changing.
C)   The deficit is increasing since Trump took over.

Yes, with Republicans in control of both houses of Congress and the President of the United States with veto pen in hand, if necessary, to bring down the deficit, “C” is correct. The deficit is increasing!


Bonus Question: What do you think the projected budget deficits for FY 2019 and 2020 are expected to be?

Answer: If you said anything close to “one trillion in added debt for each year,” give yourself a bonus point!


Question #10: If you believed Trump/GOP claims that President Obama was killing the U.S. economy, that Trump inherited a mess and that a giant tax cut for the wealthiest Americans was necessary to goose job growth, which of these statements are true?

A)   Monthly job gains have decreased slightly since Trump took office.

B)    The budget deficit has actually increased since the tax cuts were passed.

C)   Our children and grandchildren will be stuck paying the bills and all they will get is a lousy t-shirt bearing Brett Kavanaugh’s face.

Yes, A, B and C are all correct!

Score yourself honestly and if you have higher than a 7, consider yourself as having passed the reality check.