General Discussion
In reply to the discussion: Krugman: repubicans are "desperately trying to claim that the economic recovery now underway is an [View all]progree
(10,909 posts)[font color = blue]>>imo the economy is doing far better than when Obama first took office. By every single measure that is truth.<<[/font]
Almost. I track the main statistics beginning from the bottom of the job market in February 2010 (13 months after Obama took office)
Since the Payroll Job Recovery Began -- Last 60 months thru Feb 28, 2015: 2'15 - 2'10:
(This is the period from when continuous growth of payroll employment began, thru February 28, 2015)
+11,477,000 Payroll Jobs
+3,308,000 Labor Force
+9,716,000 Employed
-6,408,000 Unemployed
+0.8% Employment-To-Population Ratio aka Employment Rate
-2.1% LFPR (Labor Force Participation rate)
-4.3% Official (U-3) Unemployment rate
-6.0% U-6 unemployment rate (counts those who did any job-hunting activity even once in past 12 months)
-2,301,000 Part-Time Workers who want Full-Time Jobs (Table A-8's Part-Time For Economic Reasons)
-156,000 Part-Time Workers (Table A-9)
+10,056,000 Full-Time Workers (Table A-9)
+4.09% INFLATION ADJUSTED Weekly Earnings of Production and Non-Supervisory Workers
The links to the data above
# Payroll Jobs (Establishment Survey, http://data.bls.gov/timeseries/CES0000000001
# Labor Force http://data.bls.gov/timeseries/LNS11000000
# Employed http://data.bls.gov/timeseries/LNS12000000
# Unemployed http://data.bls.gov/timeseries/LNS13000000
# Employment-To-Population Ratio aka Employment Rate http://data.bls.gov/timeseries/LNS12300000
# LFPR (Labor Force Participation rate) http://data.bls.gov/timeseries/LNS11300000
# Unemployment rate http://data.bls.gov/timeseries/LNS14000000
# U-6 unemployment rate http://data.bls.gov/timeseries/LNS13327709
# Part-Time Workers who want Full-Time Jobs (Table A-8's Part-Time For Economic Reasons) http://data.bls.gov/timeseries/LNS12032194
# Part-Time Workers (Table A-9) http://data.bls.gov/timeseries/LNS12600000
# Full-Time Workers (Table A-9) http://data.bls.gov/timeseries/LNS12500000
# INFLATION ADJUSTED Weekly Earnings of Production and Non-Supervisory Workers http://data.bls.gov/timeseries/CES0500000031