With today's release of the November jobs figures, the Bush administration has hit the "even jobs" mark for their first term.
Total nonfarm payroll employment (seasonally adjusted) in January 2001 when George Bush took office in Jan 2001 according to the BLS was 132,167 million jobs and today that number stands at 132,075 million jobs, making Bush effectively "even jobs" in his first term, with two months left to go in the term.
In their third debate, John Kerry trotted out this tired charge:
"President Bush is the only US President in 72 years to lose jobs -- 1.6 million jobs lost."You know what they say; "there's lies, damn lies, and statistics."
December's numbers will make Bush "plus jobs" for his first term - yet another reason that there will be a second term...
[Note - This idea was shamelessly stolen from Paul]



Comments (11)
It's almost better that dur... (Below threshold)1. Posted by andre3000 | December 3, 2004 2:12 PM | Score: 0 (0 votes cast)
It's almost better that during the election we had a net loss of jobs. Imagine if Bush were running on having created 50,000 jobs in just four years...
1. Posted by andre3000 | December 3, 2004 2:12 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 14:12
2. Posted by NeilS | December 3, 2004 4:20 PM | Score: 0 (0 votes cast)
If this pathetic performance is what Republicans call a good economy, then we are all in trouble.
2. Posted by NeilS | December 3, 2004 4:20 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 16:20
3. Posted by jason | December 3, 2004 8:55 PM | Score: 0 (0 votes cast)
Other then White House staff, how much control does the President really have on the job market?
Exactly.
Jason
3. Posted by jason | December 3, 2004 8:55 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 20:55
4. Posted by JLawson | December 3, 2004 9:56 PM | Score: 0 (0 votes cast)
NeilS -
Well, if it hadn't been for that little speedbump called 9/11, and the fact that we were slipping into a recession BEFORE Bush took office, you might have a point.
As it is, you're just plain blunt.
J.
4. Posted by JLawson | December 3, 2004 9:56 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 21:56
5. Posted by jayarbee | December 3, 2004 11:16 PM | Score: 0 (0 votes cast)
Well, he's still 92,000 jobs short; so he hasn't made it to even yet. More to the point, though, due to pupulation growth more than 140,000 jobs have to be created each month just to keep pace. So no matter the job performance for the next month or so, Bush will end up being well over 6 million short of even.
As for the 9/11 excuse, it was the best thing that ever happened to Bush as it allowed him to receive a vote total close enough to steal yet another election -- which is why he allowed the attacks to occur in the first place.
And we were not slipping into a recession before the 2000 election. Growth had slowed somewhat from their ultra high points of preceeding months, but the economy was still strong and growing.
5. Posted by jayarbee | December 3, 2004 11:16 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 23:16
6. Posted by pgl | December 3, 2004 11:34 PM | Score: 0 (0 votes cast)
Kerry misrepresnted the economy? Try Don Evan's "best economy in my lifetime". Employment growth has been truly awful over the past four years.
6. Posted by pgl | December 3, 2004 11:34 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 23:34
7. Posted by mAc Chaos | December 3, 2004 11:36 PM | Score: 0 (0 votes cast)
Jay, put down the pipe and step away from the bong, slowly.
7. Posted by mAc Chaos | December 3, 2004 11:36 PM |
Score: 0 (0 votes cast)
Posted on December 3, 2004 23:36
8. Posted by Charlie Quidnunc | December 4, 2004 11:05 AM | Score: 0 (0 votes cast)
I think you had a typo here: 132,167 millon would be 132 billion jobs. Too high.
I discovered the error as I was reading your post into today's Podcast. Listen if you get a chance.
Charlie
8. Posted by Charlie Quidnunc | December 4, 2004 11:05 AM |
Score: 0 (0 votes cast)
Posted on December 4, 2004 11:05
9. Posted by Krusty Krab | December 4, 2004 11:17 AM | Score: 0 (0 votes cast)
As a bunch of people have pointed out in other forums, starting from January 2001 is really crack(-piped) up. Unless Bush is the Dark Lord and his very presense has an effect on the job market, you need to start from January 2002 -- when his policies would actually start taking effect.
For people who's primary source is not the DNC, try the following exercise: go to http://www.bls.gov/webapps/legacy/cesbtab1.htm
Then select "total private seasonally adjusted" then press "retrieve data" (don't include government otherwise you'll accidently much more positive job growth numbers). Take the difference of projected Nov 2004 minus January 2002 and you find an increase of about 1.3 million jobs.
jayarbee says: And we were not slipping into a recession before the 2000 election
The issue is what impact Bush's policies had on the economy. By the time his policies were in place, the recession was in full swing.
pgl says: Employment growth has been truly awful over the past four years.
A detailed look at the numbers (can't display them graph form here, sorry) shows a sharp dive starting around January 1 2001 and ending around January 2002, nicely bracketing Clinton's legacy period. The jobs are relatively flat (slight downslope) until around mid-summer 2003, then jobs grow at pretty close to their historical values.
9. Posted by Krusty Krab | December 4, 2004 11:17 AM |
Score: 0 (0 votes cast)
Posted on December 4, 2004 11:17
10. Posted by awptimus | December 5, 2004 1:40 AM | Score: 0 (0 votes cast)
Actually, in october I showed how we've had net job growth since December '03 Net Job Growth?
10. Posted by awptimus | December 5, 2004 1:40 AM |
Score: 0 (0 votes cast)
Posted on December 5, 2004 01:40
11. Posted by awptimus | December 5, 2004 1:53 AM | Score: 0 (0 votes cast)
And another thing: 483 thousand jobs were added in total, the 112 thousand jobs statistic was off the Payroll survey, which is very inaccurate when answering the question "how many people are working?"
This is why the "jobs" report was so low but the unemployment rate simultaniously dropped a percent. Job creation in total outpaced employment pool.
11. Posted by awptimus | December 5, 2004 1:53 AM |
Score: 0 (0 votes cast)
Posted on December 5, 2004 01:53