The Campaign Spot

Our Workforce Lost 2.33 Million People in One Year?

My regular correspondent Number Cruncher takes a look at the latest jobs report from the Bureau of Labor Statistics, and notices:

The percentage of the overall population that is employed in March 2010 was 58.6 percent. One year later, the total percentage of overall population  employed is . . . 58.5 percent.  Conclusion: In a growing population we have produced fewer jobs than the number that the population grew. (For the record, the number of Civilian non-institutionalized population was 237.2 million in March 2010, and is 239.00 million in March 2011.)

The number of people who were “not in the labor force” In March 2010 was 83,264,000 (seasonally adjusted). In March 2011, it was 85,594,000 (seasonally adjusted). If you want to know how unemployment dropped a point, look no further than this statistic.

If you remove 2.33 million people from the labor force within one year, that will indeed help lower the unemployment rate. It is, however, not the same as helping the unemployed find jobs.

I’m scheduled to appear on MSNBC’s Hardball tonight with guest host Chuck Todd, discussing the jobs numbers and the 2012 campaign.

UPDATE: Topic change! I’m now talking about this Ron Brownstein piece on “the changing American electorate.”

Most Popular

Media

Martha McSally’s Blasphemy

As I note in my New York Post piece today, I don’t believe that Martha McSally, who is serving her first term in the Senate after being appointed to take John McCain’s seat, is going to be helped much by accusing CNN’s Manu Raju of being a “hack.” Attacking the press might be an effective way to excite ... Read More
Media

Martha McSally’s Blasphemy

As I note in my New York Post piece today, I don’t believe that Martha McSally, who is serving her first term in the Senate after being appointed to take John McCain’s seat, is going to be helped much by accusing CNN’s Manu Raju of being a “hack.” Attacking the press might be an effective way to excite ... Read More

People Make New Orleans

I had my first taste of southern hospitality the day I moved to New York. A young woman from New Orleans, whom I had met only briefly over Skype (she had advertised a room in the Bronx, though I preferred a room in Manhattan), had asked if anyone would be picking me up from the airport. No, I told her. I didn’t ... Read More

People Make New Orleans

I had my first taste of southern hospitality the day I moved to New York. A young woman from New Orleans, whom I had met only briefly over Skype (she had advertised a room in the Bronx, though I preferred a room in Manhattan), had asked if anyone would be picking me up from the airport. No, I told her. I didn’t ... Read More
Elections

Lying Liz

Ever since she began explaining how her Medicare for all plan would be funded, and how she would pass it, Elizabeth Warren has been sinking. Ahead of last week’s debate, her camp leaked a story that her friend Bernie Sanders met with her in 2018 to discuss plans for 2020, and that at this meeting, Sanders had ... Read More
Elections

Lying Liz

Ever since she began explaining how her Medicare for all plan would be funded, and how she would pass it, Elizabeth Warren has been sinking. Ahead of last week’s debate, her camp leaked a story that her friend Bernie Sanders met with her in 2018 to discuss plans for 2020, and that at this meeting, Sanders had ... Read More
Health Care

‘Reconsidering Fetal Pain’

Two researchers with “divergent views regarding the morality of abortion” have published a paper in the Journal of Medical Ethics concluding that unborn human beings likely are able to feel pain at an earlier point than previous research has suggested. The authors state that they “came together to write ... Read More
Health Care

‘Reconsidering Fetal Pain’

Two researchers with “divergent views regarding the morality of abortion” have published a paper in the Journal of Medical Ethics concluding that unborn human beings likely are able to feel pain at an earlier point than previous research has suggested. The authors state that they “came together to write ... Read More