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Sat Nov 7, 2015, 09:42 AM

FOX "News" Host Fails Math: 'Only 271,000 NEW Jobs, But We Were EXPECTING More Than 180,000' [View all]

FOX HOST FAILS MATH: ‘ONLY 271,000 NEW JOBS, BUT WE WERE EXPECTING MORE THAN 180,000’


But it is Doocy’s co-host, Elisabeth Hasselbeck, who really throws the announcement into full spin cycle. This is a textbook example of how you turn one thing into something else with your choice of words and your vocal inflection. Hasselbeck says,

STEVE DOOCY (CO-HOST): You know the music, we are back with a Fox Business Alert right now. The October jobless report for hourly workers, just released 90 seconds ago. The unemployment rate is, as you can see right there, 5 percent. I believe that could be, actually, a little lower than in August and in September as well.

That’s right, Steve. Only 271,000 new jobs were added last month. That is up from September as well. Analysts were expecting more than 180,000 jobs for October.


“Only 271,000 jobs were added?” When they were expecting almost 100,000 fewer than that?

For Fox News, Elisabeth Hasselbeck, and any other Obama-haters out there, here is a comparison between President Obama and President Bush on jobs, using information taken directly from the Bureau Of Labor Statistics:



On this spreadsheet, months with net job losses are in red. Months with job gains equal to or greater than the 271,000 figure that Hasselbeck tried to spin as “bad” are in green. Because a president doesn’t take office until January 20, January 2001 mainly belongs to Bill Clinton, and January 2009 belongs to George W. Bush. But if we leave those two months out of the mix, we see the following:

There have been 16 months with job losses under President Obama so far, all of them in his first two years in office.

There were 26 months up to the same point in George W. Bush’s term where the economy saw a net loss of jobs.

Only during nine months out of Bush’s first seven years did job gains meet or exceed those of October 2015.

The 271,000 jobs figure has been met or exceeded 11 times under President Obama.

Under President Obama, the economy has gained jobs every month since October 2010. It took almost a full year longer for job gains to become consistent under Bush.

From the first full month of their terms to this point in their presidencies, Bush added 5.4 million jobs, Obama, 8.6 million.


Any questions?



http://www.ifyouonlynews.com/videos/fox-host-fails-math-only-271000-new-jobs-but-we-were-expecting-more-than-180000-video/
http://mediamatters.org/blog/2015/11/06/watch-fox-news-stumble-through-outstanding-octo/206671

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Reply FOX "News" Host Fails Math: 'Only 271,000 NEW Jobs, But We Were EXPECTING More Than 180,000' [View all]
kpete Nov 2015 OP
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