Category Archives: Economy

Janet Yellen jobs lies, Obama lies, Media lies, Yellen employment growth strong and touts stated unemployment rate, Gallup CEO Jim Clifton correct, Dictionary states lie is anything that gives or is meant to give a false impression

Janet Yellen jobs lies, Obama lies, Media lies, Yellen employment growth strong and touts stated unemployment rate, Gallup CEO Jim Clifton correct, Dictionary states lie is anything that gives or is meant to give a false impression

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

Two people with vast knowledge of US employment have made statements in the past several years.

Keith Hall ran the Bureau of Labor Statistics from 2008 to 2012.

From the Atlanta Journal Constitution August 5, 2013.

“The July government employment report released Friday showed the job market treading water.”And a closer look at one of the two measures the Labor Department uses to gauge employment suggests that part-time work accounted for almost all the job growth that’s been reported over the past six months. …” ‘Over the last six months, of the net job creation, 97 percent of that is part-time work,’ said Keith Hall, a senior researcher at George Mason University’s Mercatus Center. ‘That is really remarkable.’”

Read more:

http://www.ajc.com/weblogs/kyle-wingfield/2013/aug/05/obamacare-economy-35-part-time-jobs-every-new-full/

Jim Clifton is the CEO of Gallup.

From Gallup February 3, 2015.

“The Big Lie: 5.6% Unemployment”

“Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we’re hearing much celebrating from the media, the White House and Wall Street about how unemployment is “down” to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job — if you are so hopelessly out of work that you’ve stopped looking over the past four weeks — the Department of Labor doesn’t count you as unemployed. That’s right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news — currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren’t throwing parties to toast “falling” unemployment.

There’s another reason why the official rate is misleading. Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 — maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.

Yet another figure of importance that doesn’t get much press: those working part time but wanting full-time work. If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find — in other words, you are severely underemployed — the government doesn’t count you in the 5.6%. Few Americans know this.

There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.

And it’s a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory. A good job is an individual’s primary identity, their very self-worth, their dignity — it establishes the relationship they have with their friends, community and country. When we fail to deliver a good job that fits a citizen’s talents, training and experience, we are failing the great American dream.”

Read more:

http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx

Jim Clifton was attacked and ridiculed.

But Clifton was correct.

Websters New World College Dictionary

“The official dictionary of the Associated Press”
Lie definition (noun)
“anything that gives or is meant to give a false impression.”
So why does Janet Yellen, Obama the liar in chief and the media continue to tout the “low” unemployment rate.

It is a big lie!!!

Janet Yellen in her FOMC presentation repeatedly referred to the “low” unemployment rate in the context of strong employment growth as well as the number of “jobs” being added.

“We have seen continued progress toward our objective of maximum employment. The pace of employment growth has remained strong, with job gains averaging nearly 290,000 per month over the past three months. The unemployment rate was 5.5 percent in February; that’s three-tenths lower than the latest reading available at the time of our December meeting.”

http://www.federalreserve.gov/mediacenter/files/FOMCpresconf20150318.pdf

Obama has a long well documented tradition of lying.

The mainstream media is controlled by Big Brother Obama.

So why is Yellen lying?

Let’s examine US employment in the short term and over Obama’s 6 year tenure.

All of this data can be found at the US Labor Dept. BLS site.

The latest report was for February 2015.

The Labor Dept. reported 295,000 jobs added.

However, there was only a 96,000  gain in employment.

And Whites had 43,000  fewer employments!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

Does Yellen consider this strong employment growth?

That does not even cover new entrants into the labor force.

Remember, there are approx. 4 million people turning 16 each year in the US. This is from people living here and does not count illegals.

From Obama’s first 6 years.

5,205,000 full time employments were lost during the first year of Obama’s occupation of the White House from January 2009 to January 2010?

2.8 million white Americans fewer were employed during Obama’s first year.

During Obama’s term, from January 2009 to now, 75 percent of the employment went to Hispanics/Latinos.

Read more:

https://citizenwells.wordpress.com/2015/03/18/janet-yellen-fomc-press-conference-march-18-2015-pace-of-employment-growth-has-remained-strong-continued-progress-toward-maximum-employment-of-whom-illegal-aliens-job-gains-averaging-nearly-290k/

What about people losing their job?

Averaging 300,000 initial claims each week seems to be a victory to those in government and the media.

From Zero Hedge March 19, 2015.

“After some ‘stability’ in the last few weeks, initial jobless claims in the major shale states has started to rise again with Texas the most impacted for now. Overall initial jobless claims rose very modestly to 291k, but leaves the 4-week average above 300k for the 2nd week in a row – the first time in over 6 months.”

http://www.zerohedge.com/news/2015-03-19/initial-claims-hold-worst-levels-6-months-shale-state-joblessness-re-surges

I have been concerned for some time that we are not getting the full impact of these numbers.

From the BLS.

Unemployment insurance (UI) programs are administered at the state level and provide assistance to jobless people who are looking for work. Statistics on the insured unemployed in the United States are collected as a by-product of state UI programs. Workers who lose their jobs may file applications to determine if they are eligible for UI assistance. These applications are referred to as “initial claims.” Claimants who meet the eligibility requirements must file “continuing claims” for each week that they seek benefits.

Data on initial and continuing UI claims are maintained by the Employment and Training Administration, an agency of the U.S. Department of Labor, and are available on the Internet at http://workforcesecurity.doleta.gov/unemploy/claims.asp.

While the UI claims data provide useful information, they are not used to measure total unemployment because they exclude several important groups. To begin with, not all workers are covered by UI programs. For example, self-employed workers, unpaid family workers, workers in certain not-for-profit organizations, and several other small (primarily seasonal) worker categories are not covered.

In addition, the insured unemployed exclude the following:

  1. Unemployed workers who have exhausted their benefits.
  2. Unemployed workers who have not yet earned benefit rights (such as new entrants or reentrants to the labor force).
  3. Disqualified workers whose unemployment is considered to have resulted from their own actions rather than from economic conditions; for example, a worker fired for misconduct on the job.
  4. Otherwise eligible unemployed persons who do not file for benefits.

Because of these and other limitations, statistics on insured unemployment cannot be used as a measure of total unemployment in the United States. Indeed, over the past decade, only about one-third of the total unemployed, on average, received regular UI benefits.”

http://www.bls.gov/cps/cps_htgm.htm

The number of people who have lost jobs and in some cases fallen by the wayside may be much higher than we thought.

I hope to report more on this soon.

I know that the mainstream media is not reporting this.

Are Rush Limbaugh, Sean Hannity, Glenn Beck or your favorite talk radio host reporting these facts?

Let me know.

 

 

 

 

 

Janet Yellen FOMC press conference March 18, 2015, Pace of employment growth has remained strong, Continued progress toward maximum employment, Of whom illegal aliens?, Job gains averaging nearly 290k per month, Slack in labor market continues to diminish, OMG what the hell is wrong with Yellen?

Janet Yellen FOMC press conference March 18, 2015, Pace of employment growth has remained strong, Continued progress toward maximum employment, Of whom illegal aliens?, Job gains averaging nearly 290k per month, Slack in labor market continues to diminish, OMG what the hell is wrong with Yellen?

“Why does Janet Yellen keep misrepresenting the jobs situation and quoting the big lie of the unemployment rate?”…Citizen Wells 

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

Jenet Yellen is answering questions as I write this and read the

Transcript of Chair Yellen’s FOMC Press Conference Opening Statement March 18, 2015.

“We have seen continued progress toward our objective of maximum employment. The pace of employment growth has remained strong, with job gains averaging nearly 290,000 per month over the past three months. The unemployment rate was 5.5 percent in February; that’s three-tenths lower than the latest reading available at the time of our December meeting. Broader measures of job market conditions—such as those counting individuals who want and are available to work but have not actively searched recently and people who are working part time but would rather work full time—have shown similar improvement. As we noted in our statement, slack in the labor market continues to diminish. Meanwhile, the labor force participation rate—the percentage of working-age Americans either working or seeking work—is lower than most estimates of its trend and wage growth remains sluggish, suggesting that some cyclical weakness persists. So considerable progress clearly has been achieved, but room for further improvement in the labor market continues.

We continue to expect sufficient underlying strength in economic growth to support ongoing improvement in the labor market. After averaging about 2-1/2 percent over 2014, growth of real gross domestic product appears to have slowed in the first quarter of this year, in part reflecting a moderation in household spending. In addition, the recovery in the housing sector remains subdued and export growth looks to have weakened. Looking ahead, however, the Committee continues to expect a moderate pace of GDP growth, with robust job gains and lower energy prices supporting household spending.”

“This assessment of the outlook is reflected in the individual economic projections submitted for this meeting by the FOMC participants. As always, each participant’s projections are conditioned on his or her own view of appropriate monetary policy. The unemployment rate projections over the next few years and in the longer run are generally a bit lower than the December projections. At the end of this year, the central tendency for the unemployment rate stands at 5.0 to 5.2 percent, in line with participants’ estimates of the longer-run normal unemployment rate. Committee participants generally see the unemployment rate declining a little further over the course of 2016 and 2017.”

http://www.federalreserve.gov/mediacenter/files/FOMCpresconf20150318.pdf

There is only one explanation for Janet Yellen’s irresponsible statements about the employment situation in the US.

She is either on drugs or being scripted by the Obama camp.

She can’t be that stupid.

She keeps quoting the unemployment rate, in fact I just heard her refer to it.

Jim Clifton, the CEO of Gallup calls it a lie!

It is!!!

And her touting the recent job gains.

The US Labor Dept. BLS reported 295,000 job gains for February 2015.

It also reported that there were only 96,000 more employments and in fact 43,000 fewer white employments.

Zero Hedge and Citizen Wells are questioning these Orwellian claims.

From Citizen Wells March 18, 2015.

Wall Street and main street had better be worried about the real state of the economy and the jobs crisis in this country.

Yesterday Zero Hedge questioned the monthly jobs data from the US Labor Dept. BLS.

“Something Strange Is Going On With Nonfarm Payrolls”

“Falling wages aside (a critical topic as it singlehandedly refutes the Fed’s bedrock thesis of no slack in a labor force in which there are 93 million Americans who no longer participate in the job market) going back to the original topic of which economic factors are prompting the Fed to assume there is an economic recovery, without exaggeration, all alone.

Is there nothing else that can validate the Fed’s rate hike hypothesis? Well… no.

Below is a selection of the economic data points that have missed expectations in just the past month.

MISSES

  1. Personal Spending
  2. Construction Spending
  3. ISM New York
  4. Factory Orders
  5. Ward’s Domestic Vehicle Sales
  6. ADP Employment
  7. Challenger Job Cuts
  8. Initial Jobless Claims
  9. Nonfarm Productivity
  10. Trade Balance
  11. Unemployment Rate
  12. Labor Market Conditions Index
  13. NFIB Small Business Optimism
  14. Wholesale Inventories
  15. Wholesale Sales
  16. IBD Economic Optimism
  17. Mortgage Apps
  18. Retail Sales
  19. Bloomberg Consumer Comfort
  20. Business Inventories
  21. UMich Consumer Sentiment
  22. Empire Manufacturing
  23. NAHB Homebuilder Confidence
  24. Housing Starts
  25. Building Permits
  26. PPI
  27. Industrial Production
  28. Capacity Utilization
  29. Manufacturing Production
  30. Dallas Fed
  31. Chicago Fed NAI
  32. Existing Home Sales
  33. Consumer Confidence
  34. Richmond Fed
  35. Personal Consumption
  36. ISM Milwaukee
  37. Chicago PMI
  38. Pending Home Sales
  39. Personal Income
  40. Personal Spending
  41. Construction Spending
  42. ISM Manufacturing
  43. Atlanta Fed GDPNow

So a pattern emerges: we have an economy in which jobs and only jobs are acting as if there is a strong recovery, while everything else is sliding, disappointing economists, and in fact hinting at another contraction (whatever you do, don’t look at the Fed’s internal model of Q1 GDP).

To be sure, economists these days are better known as weathermen, and so they are quick to blame every economic disappointment on the weather. Because, you see, they were unaware it was snowing outside when they provided their forecasts about the future, a future which should be impacted by the snowfall that day, and which they promptly scapegoat as the reason for their cluelessness. Yet one wonders: why didn’t the harsh snow (in the winter) pound February jobs as well? Recall last year’s payroll disappointments were immediately blamed on the weather which was just as “harsh” as this year. Why the difference?

And yet, today this rising “anomaly” between Nonfarm Payolls “data” and everything else, hit a crescendo, and some – such as Jim Bianco – have had it with the lies anomalies, which prompted him to ask the following:

Why Are Construction Jobs and Housing Starts Telling Different Stories? Is The Problem Non-Farm Payrolls

JobsHousingStarts

“Economists seem to start with the premise that the non-farm payroll data is correct and everything else needs to be dismissed by weather and other factors. Maybe we should ask why the non-farm payrolls number is different from everything else.”

Read more:

http://www.zerohedge.com/news/2015-03-17/something-strange-going-nonfarm-payrolls

Citizen Wells responded.

“You don’t have to be a rocket scientist or a math whiz to evaluate the data from the US Labor Department.

You just have to care and have basic math skills.

Sadly this is lacking in the mainstream media.

Even Fox News.

Some of the more blatant lies (yes Gallup CEO Jim Clifton was correct to call them lies), relate to the unemployment rate and it’s improvement and job growth.

For example, in February 2015 the Labor Dept. reported 295,000 jobs added.

However, there was only a 96,000  gain in employment.

And Whites had 43,000  fewer employments!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

Did you know?

5,205,000 full time employments were lost during the first year of Obama’s occupation of the White House from January 2009 to January 2010?

2.8 million white Americans fewer were employed during Obama’s first year.

During Obama’s term, from January 2009 to now, 75 percent of the employment went to Hispanics/Latinos.

Since it is PI Day and Einstein’s birthday, I present some new data and a math lesson. Math that I understood by the fifth grade.

Below are the changes in employment by race during the first 6 years of the Obama Administration.

The ratio of employment added in 6 years over employment in Jan. 2009 is given with the resulting percent change over 6 years.

White

1,172,000 / 116,863,000 = .01 = 1 %

Black

1,590,000 / 15,481,000 = .103 = 10.3 %

Hispanic/Latino

4,511,000 / 19,794,000 = .228 = 22.8 %

Asian

1,934,000 / 6,606,000 = .293 = 29.3 %

How do you like those numbers?

Seen/heard them reported by the White House or mainstream media, Fox?

Our math capabilities have diminished in this country.

But our real problems are priorities and integrity.”

https://citizenwells.wordpress.com/2015/03/18/fed-jitters-or-jobs-economy-jitters-jobs-employment-crisis-being-ignored-no-recovery-evidence-in-real-jobs-numbers-personal-and-construction-spending-record-government-food-stamp-and-public-assistan/

 

 

 

Fed jitters or jobs economy jitters, Jobs employment crisis being ignored, No recovery evidence in real jobs numbers personal and construction spending record government food stamp and public assistance, Initial claims

Fed jitters or jobs economy jitters, Jobs employment crisis being ignored, No recovery evidence in real jobs numbers personal and construction spending record government food stamp and public assistance, Initial claims

“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

From Market Watch March 18, 2015.

“U.S. stock futures down as Fed jitters intensify”

“U.S. stock futures began pushing south on Wednesday hours ahead of a statement from the U.S. Federal Open Market Committee, as investors grew nervous about whether the central bank will strike the right balance in setting the tone for its first rate hike in nearly a decade.”

“The smart money and the Fed: Stan Shamu, market strategist at IG, said in a note that many feel that Yellen will get it “absolutely right.” And he said the smart money will be looking to react to the results rather than trying to get ahead of the central bank’s moves.”

Read more:

http://www.marketwatch.com/story/us-stocks-futures-on-pins-and-needles-as-fed-waiting-nears-an-end-2015-03-18?link=MW_home_latest_news

Wall Street and main street had better be worried about the real state of the economy and the jobs crisis in this country.

Yesterday Zero Hedge questioned the monthly jobs data from the US Labor Dept. BLS.

“Something Strange Is Going On With Nonfarm Payrolls”

“Falling wages aside (a critical topic as it singlehandedly refutes the Fed’s bedrock thesis of no slack in a labor force in which there are 93 million Americans who no longer participate in the job market) going back to the original topic of which economic factors are prompting the Fed to assume there is an economic recovery, without exaggeration, all alone.

Is there nothing else that can validate the Fed’s rate hike hypothesis? Well… no.

Below is a selection of the economic data points that have missed expectations in just the past month.

MISSES

  1. Personal Spending
  2. Construction Spending
  3. ISM New York
  4. Factory Orders
  5. Ward’s Domestic Vehicle Sales
  6. ADP Employment
  7. Challenger Job Cuts
  8. Initial Jobless Claims
  9. Nonfarm Productivity
  10. Trade Balance
  11. Unemployment Rate
  12. Labor Market Conditions Index
  13. NFIB Small Business Optimism
  14. Wholesale Inventories
  15. Wholesale Sales
  16. IBD Economic Optimism
  17. Mortgage Apps
  18. Retail Sales
  19. Bloomberg Consumer Comfort
  20. Business Inventories
  21. UMich Consumer Sentiment
  22. Empire Manufacturing
  23. NAHB Homebuilder Confidence
  24. Housing Starts
  25. Building Permits
  26. PPI
  27. Industrial Production
  28. Capacity Utilization
  29. Manufacturing Production
  30. Dallas Fed
  31. Chicago Fed NAI
  32. Existing Home Sales
  33. Consumer Confidence
  34. Richmond Fed
  35. Personal Consumption
  36. ISM Milwaukee
  37. Chicago PMI
  38. Pending Home Sales
  39. Personal Income
  40. Personal Spending
  41. Construction Spending
  42. ISM Manufacturing
  43. Atlanta Fed GDPNow

So a pattern emerges: we have an economy in which jobs and only jobs are acting as if there is a strong recovery, while everything else is sliding, disappointing economists, and in fact hinting at another contraction (whatever you do, don’t look at the Fed’s internal model of Q1 GDP).

To be sure, economists these days are better known as weathermen, and so they are quick to blame every economic disappointment on the weather. Because, you see, they were unaware it was snowing outside when they provided their forecasts about the future, a future which should be impacted by the snowfall that day, and which they promptly scapegoat as the reason for their cluelessness. Yet one wonders: why didn’t the harsh snow (in the winter) pound February jobs as well? Recall last year’s payroll disappointments were immediately blamed on the weather which was just as “harsh” as this year. Why the difference?

And yet, today this rising “anomaly” between Nonfarm Payolls “data” and everything else, hit a crescendo, and some – such as Jim Bianco – have had it with the lies anomalies, which prompted him to ask the following:

Why Are Construction Jobs and Housing Starts Telling Different Stories? Is The Problem Non-Farm Payrolls

JobsHousingStarts

“Economists seem to start with the premise that the non-farm payroll data is correct and everything else needs to be dismissed by weather and other factors. Maybe we should ask why the non-farm payrolls number is different from everything else.”

Read more:

http://www.zerohedge.com/news/2015-03-17/something-strange-going-nonfarm-payrolls

Citizen Wells responded.

“You don’t have to be a rocket scientist or a math whiz to evaluate the data from the US Labor Department.

You just have to care and have basic math skills.

Sadly this is lacking in the mainstream media.

Even Fox News.

Some of the more blatant lies (yes Gallup CEO Jim Clifton was correct to call them lies), relate to the unemployment rate and it’s improvement and job growth.

For example, in February 2015 the Labor Dept. reported 295,000 jobs added.

However, there was only a 96,000  gain in employment.

And Whites had 43,000  fewer employments!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

Did you know?

5,205,000 full time employments were lost during the first year of Obama’s occupation of the White House from January 2009 to January 2010?

2.8 million white Americans fewer were employed during Obama’s first year.

During Obama’s term, from January 2009 to now, 75 percent of the employment went to Hispanics/Latinos.

Since it is PI Day and Einstein’s birthday, I present some new data and a math lesson. Math that I understood by the fifth grade.

Below are the changes in employment by race during the first 6 years of the Obama Administration.

The ratio of employment added in 6 years over employment in Jan. 2009 is given with the resulting percent change over 6 years.

White

1,172,000 / 116,863,000 = .01 = 1 %

Black

1,590,000 / 15,481,000 = .103 = 10.3 %

Hispanic/Latino

4,511,000 / 19,794,000 = .228 = 22.8 %

Asian

1,934,000 / 6,606,000 = .293 = 29.3 %

How do you like those numbers?

Seen/heard them reported by the White House or mainstream media, Fox?

Our math capabilities have diminished in this country.

But our real problems are priorities and integrity.”

https://citizenwells.wordpress.com/2015/03/14/pi-day-31415-aka-3-14159265359-math-skills-and-integrity-needed-for-us-media-horrible-us-jobs-situation-misportrayed-as-strong-white-americans-gain-1-percent-employment-under-obama-lowest-of-all/

 

 

 

PI day 3/14/15 aka 3.14159265359, Math skills and integrity needed for US media, Horrible US jobs situation misportrayed as strong, White Americans gain 1 percent employment under Obama lowest of all races, Media lies

PI day 3/14/15 aka 3.14159265359, Math skills and integrity needed for US media, Horrible US jobs situation misportrayed as strong, White Americans gain 1 percent employment under Obama lowest of all races, Media lies

“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

Today is PI day, 3/14/15.

It is also Albert Einstein’s birthday.

I began life as a math major.

That is one of the reasons I have reported so much on the real jobs situation in the US and have questioned people such as Goldman Sachs chief economist Jan Hatzius.

But you know what, I could have done this in the fifth grade.

You don’t have to be a rocket scientist or a math whiz to evaluate the data from the US Labor Department.

You just have to care and have basic math skills.

Sadly this is lacking in the mainstream media.

Even Fox News.

Some of the more blatant lies (yes Gallup CEO Jim Clifton was correct to call them lies), relate to the unemployment rate and it’s improvement and job growth.

For example, in February 2015 the Labor Dept. reported 295,000 jobs added.

However, there was only a 96,000  gain in employment.

And Whites had 43,000  fewer employments!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

Did you know?

5,205,000 full time employments were lost during the first year of Obama’s occupation of the White House from January 2009 to January 2010?

2.8 million white Americans fewer were employed during Obama’s first year.

During Obama’s term, from January 2009 to now, 75 percent of the employment went to Hispanics/Latinos.

Since it is PI Day and Einstein’s birthday, I present some new data and a math lesson. Math that I understood by the fifth grade.

Below are the changes in employment by race during the first 6 years of the Obama Administration.

The ratio of employment added in 6 years over employment in Jan. 2009 is given with the resulting percent change over 6 years.

White

1,172,000 / 116,863,000 = .01 = 1 %

Black

1,590,000 / 15,481,000 = .103 = 10.3 %

Hispanic/Latino

4,511,000 / 19,794,000 = .228 = 22.8 %

Asian

1,934,000 / 6,606,000 = .293 = 29.3 %

How do you like those numbers?

Seen/heard them reported by the White House or mainstream media, Fox?

Our math capabilities have diminished in this country.

But our real problems are priorities and integrity.

 

 

 

White Americans lowest employment gains under Obama, Hispanics Asians Blacks higher, Just over 1 million added Jan 2009 to 2015, Many millions more of white Americans without jobs, 2.8 million white employments lost in 2009, Much of gains part time

White Americans lowest employment gains under Obama, Hispanics Asians Blacks higher, Just over 1 million added Jan 2009 to 2015, Many millions more of white Americans without jobs, 2.8 million white employments lost in 2009, Much of gains part time

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

The following data comes straight from the US labor Department.
It covers the time frame of January 2009 to January 2015. The first 6 years of the Obama Administration.

6 Year Employment

Net Gain     Lost in 2009

White

1,172,000    2,812,000-

Black

1,590,000      644,000-

Asian

1,934,000      157,000-

Hispanic/Latino

4,511,000         85,000-

Bet you didn’t know that!

Is the mainstream media, including Fox, reporting this?

Still think we should give out citizenship & work permits to illegals?

Obama met with Mexicans President Felipe Calderon in Washington, Monday, Jan. 12, 2009.

obama-calderon

Suggested caption:

Mi empleo es su empleo.

From the NY Daily News June June 13, 2013.

“U.S. percentage of non-Hispanic whites hits all-time low of 63%”

“The percentage of non-Hispanic white people in the U.S. population has reached an all-time low: 63%. That is 197.7 million white people out of 313.9 million Americans.

In 2000, whites were 69% of the population. In 1980, they made up 80%. But now white deaths outpace white births by 12,419, and the U.S. is on track to becoming a majority-minority country by 2043, according to data from the U.S. Census Bureau.

“This is the first time there has ever been an overall non-Hispanic white natural decrease in the U.S.,” demographer Kenneth Johnson told Bloomberg.

Nearly half of American children younger than 5 are minorities, and the number of minorities under 18 is expected to surpass the number of white children by 2019. The total minority population has grown 21 times faster than the white population.”

Read more:

http://www.nydailynews.com/news/national/percentage-non-hispanic-whites-hits-all-time-63-article-1.1371772

Share this info with Rush Limbaugh, Sean Hannity, Glenn Beck and anyone else who may give a damn.

 

 

5.2 million full time employments lost Obama’s first year, Part time jobs created, Job myths lies exposed, Media lies, Whitehouse lies, Obamacare created more full times jobs?…let the drug testing begin, Gallup CEO Jim Clifton right

5.2 million full time employments lost Obama’s first year, Part time jobs created, Job myths lies exposed, Media lies, Whitehouse lies, Obamacare created more full times jobs?…let the drug testing begin, Gallup CEO Jim Clifton right

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief August 5, 2013

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

Did you know that 5,205,000 full time employments were lost during the first year of Obama’s occupation of the White House from January 2009 to January 2010?

Don’t take my word for it, FRED, the Federal Reserve Bank of St. Louis reports it.

http://research.stlouisfed.org/fred2/series/LNS12500000

This number has been somewhat obscured because some part time jobs were created to partially offset this number so that we only lost (ha ha)  3,714,000 jobs in 2009.

This is one of the best examples of many full time jobs being replaced by few part time jobs.

Ready for more laughs? (I know & agree, this is too damn serious to laugh)

The Obama White House brags about creating full time jobs.

“New Data: Most of the Increase in Employment is in Full-Time Positions Since the Affordable Care Act Became Law”

“Since the Affordable Care Act became law, the economy has created 6.5 million full-time jobs, while the number of part-time jobs has been essentially unchanged.”

http://www.whitehouse.gov/blog/2013/09/06/new-data-most-increase-employment-full-time-positions-affordable-care-act-became-law

For starters, as you can clearly see, Obama brags about creating full time jobs that were mostly lost during his first year.

The recession supposedly ended June 2009.

By all credible accounts, there has been an increase in part time jobs.

The original WhiteHouse.gov article was posted:

September 06, 2013.

Once again the quote from above:

“Since the Affordable Care Act became law, the economy has created 6.5 million full-time jobs, while the number of part-time jobs has been essentially unchanged.”

From the BLS.

“Commissioners
Keith Hall
January 2008–January 2012
Keith HallAppointed by: George W. Bush
Also served under: Barack Obama”

http://www.bls.gov/bls/history/commissioners/hall.htm

Keith Hall was commisioner of the BLS and is not under the control of Obama.

If anyone should know jobs data, it is Mr. Hall.

From the Atlanta Journal Constitution August 5, 2013.

“Welcome to the Obamcare economy. From McClatchy:

“The July government employment report released Friday showed the job market treading water.”And a closer look at one of the two measures the Labor Department uses to gauge employment suggests that part-time work accounted for almost all the job growth that’s been reported over the past six months. …” ‘Over the last six months, of the net job creation, 97 percent of that is part-time work,’ said Keith Hall, a senior researcher at George Mason University’s Mercatus Center. ‘That is really remarkable.’”Hall is no ordinary academic. He ran the Bureau of Labor Statistics, the agency that puts out the monthly jobs report, from 2008 to 2012. Over the past six months, he said, the Household Survey shows 963,000 more people reporting that they were employed, and 936,000 of them reported they’re in part-time jobs.” ‘That is a really high number for a six-month period,’ Hall said. ‘I’m not sure that has ever happened over six months before.’ “”
“How, then, to explain what’s happened since January? Back to the McClatchy article and Hall, the former BLS chief:

“Hall speculated that the implementation of the Affordable Care Act, shorthanded as Obamacare, might be resulting in employers shifting workers to part-time status to avoid coming health care obligations.”

‘There’s been so much talk about the effects of Obamacare on part-time work,’ he said. ‘This is such an unusual thing to see.’ ”
By “so much talk,” Hall of course was referring to the numerous stories of employers that are cutting back on their workers’ hours to avoid qualifying for Obamacare’s mandate to provide health insurance for them. Just yesterday, the AJC reported on the various ways local employers are trying to cope with the looming mandate (subscription to MyAJC required for link), including the decision by AAA Parking to move 250 full-time workers to part-time status. Many of the Americans affected by these business decisions are, of course, the very people Obamacare was supposed to help.

In fact, we can get even more specific than the January-July numbers Hall outlined.

Looking at the BLS data, the number of Americans working part-time for economic reasons — i.e., not because they want to work part-time — hit a multi-year low in March. Since then, part-time jobs have accounted for a whopping 99.1 percent of all jobs created. Over the past four months, on a net basis, just 9,000 full-time jobs have been added in the entire United States.

That means there have been 110 part-time jobs created for every one full-time job since March.”

Read more:

http://www.ajc.com/weblogs/kyle-wingfield/2013/aug/05/obamacare-economy-35-part-time-jobs-every-new-full/

The Atlanta Journal Constitution article was written one month prior to the WhiteHouse.gov article.

From the Federal Reserve April 14, 2014.

“The persistently high stock of involuntary part-time work

Chart 1 presents the two main categories of involuntary part-time work: i) individuals who work part time due to slack work or unfavorable business conditions, and ii) individuals who could only find part-time work, each as a percentage of the labor force (left panel) and for each its change since 2007 (right panel). For comparison purposes, we also plot the unemployment rate and average weekly hours by persons at work (the workweek). The decomposition in Chart 1 yields our first observation: although the share of individuals in the labor force working part time due to slack work or business conditions has declined roughly along with the unemployment rate, the percentage of individuals reporting they could only find part-time work has continued to increase.”

PartTimeFed

http://www.federalreserve.gov/econresdata/notes/feds-notes/2014/why-is-involuntary-part-time-work-elevated-20140414.html

Even PBS is asking questions.

“The startling fact you, we and Paul Krugman didn’t know about the jobs report”

“Hidden Part-Time Workers

But the number of part-time workers may actually be even higher than 7 million. As Making Sen$e has recently discovered, there’s another whole pool of part-time workers whom the government counts as full-time employees. How can that be? To count as a full-time worker, you must work 35 hours or more. But what if you work two or more part-time jobs that add up to 35 hours?

Several months ago, when we first asked Wolfers whether those part-time workers would be counted as full-timers, he said, of course not, no, but then quickly realized that, yes, in fact, the Bureau of Labor Statistics would count them as full-time employees.

According to the BLS, in data not disclosed in their monthly report, 1.2 million workers toil at multiple part-time gigs with hours adding up to or surpassing 35 hours. On paper, they’re full-time workers. At work, at home, and shuttling between shifts, though, they’re part-timers who may not enjoy the benefits, convenience or stability that comes with holding one full-time position.

The Real Shocker

Even more shocking is that the BLS’s headline number of jobs added each month — the figure that can move markets and shape headlines — makes no distinction between full-time and part-time payroll gains. “So if you’re on for an hour,” Wolfers said, “you’re counted as having a job” in the survey of employers.”

http://www.pbs.org/newshour/making-sense/the-startling-fact-you-we-and-paul-krugman-didnt-know-about-the-jobs-report/

You expect lies from the Obama camp and White House.

The media is just as bad.

More to come on that.

Fortune.com attacks Gallup CEO Jim Clifton, Unemployment rate is big lie, Try reporting truth, Use dictionary, Feb 2015 jobs report from Fortune looks like a lie to me, God bless Clifton

Fortune.com attacks Gallup CEO Jim Clifton, Unemployment rate is big lie, Try reporting truth, Use dictionary, Feb 2015 jobs report from Fortune looks like a lie to me, God bless Clifton

“And you shall know the truth, and the truth shall set you free.”…Jesus, John 8:32

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

Websters New World College Dictionary

“The official dictionary of the Associated Press”
Lie definition (noun)
“anything that gives or is meant to give a false impression.”
Got that Fortune.com!
From Fortune.com February 4, 2015.
“Is the unemployment rate really just a ‘Big Lie’?””Clifton explains, accurately, that the Labor Department counts someone as employed even if they are working part time but want a full time job. It also considers people who have no job and haven’t looked for one in the past four weeks as “not in the labor force,” rather than unemployed. Clifton continues:There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”

“The unemployment rate isn’t a “Big Lie.” It’s simply one statistic among many that we use to judge the health of the economy.

But the American people don’t need government statistics to tell them whether they are employed or if their economic fortunes are rising or falling. You’d think the CEO of a polling company would know that.”

Read more:

Jim Clifton, the CEO of Gallup has a good working knowledge of the English language.
Do the folks at Fortune use dictionaries.
Or are they just biased or getting funding from the Obama camp?
Here is Fortune’s reporting on the February jobs data.
 “Workers rejoice: February hiring was huge with 295,000 jobs created””Last month’s rate of job growth surpassed economists’ estimates, pushing unemployment down to 5.5%.”

“Last month’s rate of job growth surpassed economists’ estimates, pushing unemployment down to 5.5%.

What you need to know: February was the 53rd straight month of employment gains in the U.S., and the 12th straight month of job additions above 200,000.”

“The big numbers: The U.S. labor market added 295,000 jobs in February, surpassing economists’ estimates of 235,000 jobs, according to Bloomberg data. The nation’s unemployment rate fell to 5.5% from 5.7% in January and beat analysts’ estimates of 5.6%.

Job gains for January were revised down. January fell to 239,000 from 257,000 jobs. November through January represented the best three-month gain for the labor market since the late 1990s.”

“What you may have missed: February continues to builds on a standout streak of job growth over the past several months, capping off 2014 with 3 million new workers and jumpstarting gains for 2015.

Those gains have continued into February despite brutal weather across the U.S. New England has been digging itself out from a seemingly never-ending string of snow storms, and Chicago logged the coldest February since 1875, according to the National Weather Service..”

Read more:
Here is the data from the US Labor Department BLS for February 2015. 
“Total nonfarm payroll employment increased by 295,000 in February, and the unemployment rate edged down to 5.5 percent, the U.S. Bureau of Labor Statistics reported today.”

43,000 fewer Whites employed in Feb!!!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

There were 250,000 more Hispanic/Latino workers employed since December 2014.

Further examination of US Labor Dept. data for the past 6 years reveals a much worse jobs scenario.

https://citizenwells.wordpress.com/2015/03/07/feb-2015-43k-fewer-white-american-jobs-354k-more-not-in-labor-force-96k-more-employed-and-we-added-295k-jobs-common-core-math-used-george-orwell-was-right-mainstream-media-lies-continue-to-pr/

So, who is telling the truth and who is telling a lie?

Remember:

Lie definition (noun)
“anything that gives or is meant to give a false impression.”