US added 337,000 jobs last month

[Almighty Colin]

Originally posted by RawAlex@Nov 7 2004, 02:33 PM
Colin, I think you are a victim of creative accounting. The job loss numbers have been well documented, researched, and even admitted to by the whitehouse. Millions more people have lost jobs than "got" jobs in the last 4 years.

If the empoyment numbers net show more people working, then the government is lying to itself somewhere along the line, or one report counts part time / self empyment and the other doesn't.

Alex

My bad. There has been a GAIN of 6.6 million jobs, not 14 million since 1999. Nothing is needed but subtraction.

There were 125462 (000s) people on the nonfarm payroll in January, 1999.
SOURCE: ftp://ftp.bls.gov/pub/suppl/empsit.compaeu.txt

There were 132,017 (000s) people on nonfarm payrolls in October, 2004.
SOURCE: http://www.bls.gov/news.release/empsit.t14.htm

This gives a net change of 132,017,000 - 125,462,000 = 6.555 million

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I didn't realize at first you were choosing 1999 to try and show some job loss under Bush (I forgot you're obsessed). I thought you were just using a 5 year period. Bush took office in January of 2001 (not 1999 or 2000). In that case you can use 130433 for January of 2001 and there are 1.6 million more people working in the US than then. Now, what kind of creative accounting does one have to perform to turn that into a loss? I know the answer. ;-)