October 9, 2010
Graph for the Day for October 9, 2010
"This morning, we learned that in the month of September, our economy gained 64,000 jobs in the private sector. July and August private sector job numbers were revised upwards. So we've now seen nine straight months of private sector job growth -- in all, more than 850,000 private sector jobs gained this year, which is in sharp contrast to the almost 800,000 jobs that we were losing when I first took office. But that news is tempered by a net job loss in September, which was fueled in large measure by the end of temporary Census jobs and by layoffs in state and local governments." President Obama, Oct. 8, 2010.
Hoven's Index for October 9, 2010
Changes in various job categories in the last 9 months (from Dec. 2009 thru Sep. 2010):
Total non-farm jobs: +613,000
Private sector: +863,000
Non-durable goods manufacturing: -4,000
Construction: -92,000
Years to reach previous peak of private sector jobs if pace of last 9 months continues: 6 years and 7 months from now (8 years after recession ended)
Years to reach previous peak of private sector jobs after 2001 recession ended: 3 years and 7 months
Sources: St. Louis Fed/FRED and author's calculations.
Graph of the Day Archive.
To comment on this or any other American Thinker article or blog, you must be a subscriber to our ad-free service. Login to your subscription to access the comments section. You can subscribe on a monthly basis for $6.79 a month or for a year at $69.99
Login
Subscribe / Change PwdAd Free / Commenting Login
FOLLOW US ON
Recent Articles
- Trump’s Chess Game Is Improving
- Trump Has the Taxpayers’ Back
- Downsizing the Federal Government
- Is There A Problem With Colorado State University And Its Nipah Virus Research?
- Media Titans Rattled by Lawsuits
- Tribalism: The Key to Understanding Islam
- Reaching for the Source of Meaning and Certitude
- The Musk-eteers Reveal You’ve Been Living in a Simulated Reality
- America Must, Can, And Should Renew Its Nuclear Energy Dominance
- Trump and the States Confront Digital Issues
Blog Posts
- Democrats decry Trump’s cancellation of ‘green’ subsidies because he’s ending a ‘low-cost’ industry
- Larry Summers and four other Democrat Treasury secretaries come out together to howl about DOGE
- Anti-white propagandists spread disinformation to spur race wars in South Africa
- Democrats are politically bipolar on illegal immigration
- Country as home
- Legos called ‘heteronormative,’ problematic
- President Trump addresses his largest TV audience ever during an interview before the Super Bowl yesterday
- Lawfare 2.0: A New York judge launches a coup
- Politically bipolar
- My experience with USAID and Israel
- Marco Rubio, not Obama, on Cuba
- Homeland Security Secretary Noem accuses FBI of leaking news of ICE raids to the press
- Rathergate at 21
- Revisiting Benghazi
- The Second Amendment: new Trumpian opportunities