Labor Force Dropouts

President Obama roared into office vowing to “fundamentally transform America.”  The transformation has not been kind to middle class workers. The Labor Department just published another new normal – miserable – jobs report.  The headline, that in March unemployment ticked down from 7.7%, to 7.6%, was, once again, an illusion that masked the real news.  [...]

How to Reduce Unemployment Without Jobs

The labor Department reported the unemployment rate ticked up from 7.8% to 7.9% in January.  Most of the media marched in lockstep with the White House, emphasizing the other headline statistic, 157,000 jobs created in January.  While not enough to keep up with population growth that number was, as the loyal reporters chanted, “moving in [...]

Unprecedented Misery

Barack Obama’s bizarre comment regarding the most recent jobs report seems to indicate a profound disconnect from the grim reality Americans continue to suffer. The June Jobs Report published by the Labor Department Friday was, again, a deep disappointment. Private sector employers hired 84,000 employees and government cut 4,000 for a net 80,000 additional jobs.  [...]

Obama Jobs Record Not Worthy of Your Vote

The Obama campaign, in a frenzy of spin, is trying to persuade us that recent employment statistics signal economic improvement for which we should thank President Obama by renewing for four more years his project to “transform America” by expanding the power and dominance of government in our lives.  At a campaign event following release [...]

Unprecedented Jobs Crisis

They popped  Champagne corks at Obama-2012 HQ and the media cheered.  The Labor Department jobs report for February does look better than the grim statistics the Obama Administration first three years.  Employers added 227,000 jobs in February.  The January report was revised upward to 284,000, adding up to best two months since President Obama was [...]

The Great, Obama Unemployment Rate Scam

Political communication in America is largely an effort to influence the perceptions of those who pay little attention to politics by stripping complex concepts and issues down to easily understood  statistics and simplistic soundbites.  In each of his first 33 months in office President Obama suffered because the easily understood Unemployment Rate remained very high.   [...]

The Obama Jobs Crisis Grinds On

The Labor Department released its jobs report for October: Employers added 80,000 jobs, about 65% of the monthly growth in the working age population. The Unemployment rate remained tragically high, at 9.0%. If the 2011 job growth rate continues it will take until 2016 to replace the jobs lost in 2008 and 2009. The Obama [...]

Jobs Crisis Continues, Yet The Solution is Obvious

The Labor Department released its jobs report for September: Employers added 103,000 jobs in September.  While this was an improvement over August it was less than the monthly growth in the working age population. The Unemployment rate remained unchanged at a tragically high 9.1%. If the 2011 job growth rate continues it will take five [...]

American Jobs Act Designed to Choke Off Job Creation

Earlier we reported that President Obama’s “American Jobs Act” estimated to cost $447 billion in 2012 would, in his words, be “fully paid for” not by actually paying for it with cuts in other spending in 2012, or even with tax increases in 2012.  No, Obama’s “pay for  it” means that over a period of [...]

Zero Jobs: The Needless Misery Continues

The Chart compares the results of the Obama strategy of massive government borrowing, spending and intervention in the private sector with the results of the Reagan approach of deregulation, lower income tax rates and greater liberty. Employers added ZERO new jobs in August. The statistics for June and July were revised, showing 58,000 fewer jobs [...]

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