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progree

(12,790 posts)
20. "this tells it all" - yes it does. I like that it's percent change, and that it is annualized
Fri Jan 9, 2026, 11:06 AM
Jan 9

Last edited Fri Jan 9, 2026, 12:05 PM - Edit history (1)

Until now, all I've ever seen is job creation in thousands by each president .

First this is unfair to early presidents. For example, the labor force (in thousands) under Truman was about half of what it is today. But by looking at their records as percent change, that fixes that distortion.

Second, 2-term presidents have an advantage over 1-term presidents, and even more so over less-than-one-term presidents like JFK, the way some of these graphs are -- as generally more jobs are created in 8 years than in 4 years (or nearly 3 years by JFK). By annualizing the numbers, that gets rid of that distortion

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1 members have recommended this reply (displayed in chronological order):

The jackass has created a no fire no hire economy in the private sector. lostincalifornia Jan 9 #1
4.4% unemployment while the U.S. economy is losing jobs? NoMoreRepugs Jan 9 #2
I know progree will be around shortly but I think one factor is the "Labor Participation Rate" BumRushDaShow Jan 9 #3
#29 a little ways below /nt progree Jan 9 #30
... BumRushDaShow Jan 9 #31
could be an effect of mass deportations DBoon Jan 9 #15
Yes. The St. Louis Fed estimates only a net 57k jobs/month (+/- 25k) need to be created, down from the old 150k number progree Jan 9 #29
Actually nonfarm payroll employment FELL by 192,000, but were seasonally adjusted upwards to +50,000 progree Jan 9 #4
Mostly temp jobs, am I right? FakeNoose Jan 9 #5
Not necessarily. UPS, FedEx & Amazon increases are accounted for by the Seasonal Adjustment. Wiz Imp Jan 9 #7
I'm guessing all the hirng.... SergeStorms Jan 9 #26
Looking at the graph Johnny2X2X Jan 9 #6
The October massive drop (fed "Fork in the Road" disaster) BumRushDaShow Jan 9 #8
Under Biden Johnny2X2X Jan 9 #9
This tells it all BumRushDaShow Jan 9 #12
"this tells it all" - yes it does. I like that it's percent change, and that it is annualized progree Jan 9 #20
Brilliant! Thanks wolfie001 Jan 9 #21
striking Skittles Jan 9 #27
Yes. April level 159433. December 159526 Wiz Imp Jan 9 #10
11,625 jobs a month! Johnny2X2X Jan 9 #16
Yeah, no. I'm not buying it. Texin Jan 9 #11
Aaron Rupar's video clips of administration talking heads trying to change the subject: mahatmakanejeeves Jan 9 #13
This one? BumRushDaShow Jan 9 #18
That smarmy imp puts the ass in Hassett peppertree Jan 9 #22
Data is from the BLS - already gutted of intelligent people by pres dump. mdbl Jan 9 #14
That - or he has his "supervisors" keep an eye on them numbers peppertree Jan 9 #23
Links to data series progree Jan 9 #17
Both payroll employment (+50,000) and unemployment rate (4.4%) change little in December mahatmakanejeeves Jan 9 #19
and in a couple of months, it will be revised down further as seems to be the case. nt Javaman Jan 9 #24
They already had some revisions downward of previous data! BumRushDaShow Jan 9 #25
Compare to Wednesday's ADP report of PRIVATE payrolls: ADP: +41k, BLS: +37k progree Jan 9 #28
Benchmark jobs data will be released with the next monthly release at the beginning of February. Wiz Imp Jan 9 #32
🚨 President Literal Asswipe posted job numbers from the report the evening before 😬! progree Jan 9 #33
"if you REALLY want to be first with the jobs report, check Truth Social the night before" BumRushDaShow Jan 9 #34
Latest Discussions»Latest Breaking News»U.S. payrolls rose 50,000...»Reply #20