The chart above was taken from the Bureau of Labor Statistics August 2012 Employment Statistics, Table A-1.1 The last line in the chart is a calculation function, added by me, of the number of jobs per population. The “big number,” the unemployment percentage that catches everyone’s attention, has dropped slightly, but so has the number of people in the labor force; the number of people who have dropped out of the labor force keeps rising.
The calculation I added shows one thing very clearly: there are fewer jobs available per person; the job market under President Obama has not improved, but has gotten worse, and was virtually identical in August of 2012, when unemployment was listed as 8.1% to August of 2011, when unemployment was listed at 9.1%. When President Obama tells us that things are getting better, even if too slowly, he is lying to you; things are getting worse under his leadership.
- The data at this link change every month; the data used were accessed on Saturday, September 8, 2012. ↩