Poverty Statistics, Unemployment Statistics Are Horrific Example of #Obama Economy

 Barack Obama
Jan 312014
 

20.55 Million Americans Are Unemployed, Underemployed, Or Are Only Marginally Attached To The Labor Force. (Bureau Of Labor Statistics, Accessed 1/27/14)

The Labor Force Participation Rate Fell By 347,000 Falling To 62.8 Percent, The Lowest Rate In 36 Years. (Bureau Of Labor Statistics, Accessed 1/10/14)

528,000 Manufacturing Jobs Have Been Lost Since Obama Became President. (Bureau Of Labor Statistics, Accessed 1/23/14)

721,000 Construction Jobs Have Been Lost Since Obama Became President. (Bureau Of Labor Statistics, Accessed 1/23/14)

Los Angeles Times: Jobs Growth Was “Measly” And “The Lowest Jobs Number In About Three Years And A Major Disappointment.” “U.S. employers added a measly 74,000 new jobs last month, the government said Friday. That was the lowest jobs number in about three years and a major disappointment after a recent string of positive economic signs pointed to stronger growth.” (Don Lee, “Job Growth Tumbles In December,” Los Angeles Times, 1/10/14)

Politico Headline: “Jobs Report Disappoints” (MJ Lee, “Jobs Report Disappoints,” Politico, 1/10/14)

Last Month, 58 Percent Of Americans Disapproved Of Obama’s Economic Stewardship. “In a Bloomberg National Poll last month, 58 percent of Americans disapproved of Obama’s economic stewardship, his worst showing since September 2011. Surveys by the Wall Street Journal/NBC News and Quinnipiac University show similar results.” (David J. Lynch, “Obama Can’t Shake Economy’s Downside Amid Signs Of Growth,” Bloomberg, 1/23/14)

  • 49 Percent Of Voters Blame “Policies Of The Present” For The Economic Problems, Versus 41 Percent Of Voters Who Blame “Policies Of The Past.” “By 49 percent to 41 percent, voters now blame “policies of the present” rather than “policies of the past” for their economic problems, a reversal from a year earlier, according to David Winston, a Republican pollster.” (David J. Lynch, “Obama Can’t Shake Economy’s Downside Amid Signs Of Growth,” Bloomberg, 1/23/14)

10.4 Million Americans Are Currently Unemployed. (Bureau Of Labor Statistics, Accessed 1/23/14)

13.1 Percent Of Americans Are Either Unemployed, Marginally Attached To The Workforce Or Working Part-Time For Economic Reasons. (Bureau Of Labor Statistics, Accessed 1/23/14)

Under Obama, The Labor Force Participation Rate Declined To A 36 Year Low Of 62.8 Percent In December 2013. (Bureau Of Labor Statistics, Accessed 1/23/14)

  • FLASHBACK: The Labor Force Participation Rate Was 65.7 Percent When Obama Became President. (Bureau Of Labor Statistics, Accessed 1/23/14)

Huffington Post Headline: “Unemployment Is Falling For All The Wrong Reasons” (Mark Gongloff, “Unemployment Is Falling For All The Wrong Reasons,” The Huffington Post, 1/10/14)

528,000 Manufacturing Jobs Have Been Lost Since Obama Became President. (Bureau Of Labor Statistics, Accessed 1/23/14)

721,000 Construction Jobs Have Been Lost Since Obama Became President. (Bureau Of Labor Statistics, Accessed 1/23/14)

Today, 18-34-Year-Olds Account For 46 Percent Of All Unemployed Americans. (Bureau Of Labor Statistics, Accessed 1/23/14)

The Average Weeks Unemployed Has Nearly Doubled Since Obama Became President – From 19.8 Weeks In January 2009 To 37.1 Weeks In December 2013. (Bureau Of Labor Statistics, Accessed 1/23/14)

“Almost 4 Million People Have Been Out Of Work For More Than Six Months, Three Times The Pre-Recession Average.”(David J. Lynch, “Obama Can’t Shake Economy’s Downside Amid Signs Of Growth,” Bloomberg, 1/23/14)

  • “One-Third Of Black Men Aren’t Even In The Labor Force, The Highest Mark Since Records Began In 1972.” (David J. Lynch, “Obama Can’t Shake Economy’s Downside Amid Signs Of Growth,” Bloomberg, 1/23/14)

 

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