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DOL stats for ages 25-54. See real job growth, draw your own - Conclusions -sm

Posted: Jan 9th, 2018 - 12:53 pm In Reply to: Jobs? 2017 was the worst year in job growth in six years. sm - Reality

https://data.bls.gov/timeseries/LNS12300060

This chart shows the data for the last 10 years by default.

You can see that Trump is continuing Obama's trajectory which started in 2012.

Using the age range of 25-54 is necessary to exclude data variations due to increased/decreased college goers and retiring baby boomers.

You can't use raw numbers (as you are trying to do) because job growth is dependent on population rates. If the population is in decline we would expect the number of jobs to decline as well. That's why a percentage of the jobs for the working age population works better for this particular metric.

LINK/URL: DOL stats for ages 25-54. See real job growth, draw your own

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Jobs? 2017 was the worst year in job growth in six years. sm - Reality (Views: 732, 2018-01-09, 8:52 am)
- Ahhh, from ThinkProgress... - sm (Views: 327, 2018-01-09, 9:27 am)
  - DOL stats. - nm (Views: 324, 2018-01-09, 9:51 am)
    - Another agency we don't need. Trump slashed DOL - budget by 21%. Many of these agencies (Views: 303, 2018-01-09, 10:43 am)
  - spoke to a recruiter friend who was in the business for - a long time and she told me (Views: 340, 2018-01-09, 10:40 am)
  - The labor department has some new rules that allow small - businesses and entrepreneurs (Views: 343, 2018-01-09, 10:54 am)
  - For 8 years we had phony reporting about the economy. - Now that we have Trump in office, (Views: 311, 2018-01-09, 10:58 am)
  - Black and Hispanic unemployment is low. Even NPR - had to admit this. (Views: 279, 2018-01-09, 11:45 am)
- Once Obama's punitive regulations were gone, job growth - flourished. Many of these "jobs" (Views: 297, 2018-01-09, 10:37 am)
  - Not bogus, inaccurate. Only showing part of the picture. - sm (Views: 343, 2018-01-09, 5:19 pm)
- This is a joke, right? If this is true, why were so many people - on food stamps and welfare during (Views: 329, 2018-01-09, 10:46 am)
- I read the GDP is expected to grow 4%. Under Obama - it stagnated. (Views: 556, 2018-01-09, 11:09 am)
  - Doesn't help us grunts much though, does it? - Our JOBS are part of the GDP. (Views: 333, 2018-01-10, 1:53 pm)
- Maybe those jobs were in the NFL. Double digit - ratings down. (Views: 318, 2018-01-09, 11:17 am)
- DOL stats for ages 25-54. See real job growth, draw your own - Conclusions -sm
  - Keep your eye on this stat/page for the next few years - Conclusions -sm (Views: 301, 2018-01-09, 1:15 pm)