Tag Archives: Employment

Let’s compare jobs and deficits between Obama and Bush

Gateway Pundit posted these graphs of unemployment rate and budget deficit from the Obama and Bush presidencies.

(Remember that the Democrats took control of Congress in January 2007 – they own the 2008 budget and unemployment rate)

Gateway Pundit writes:

48 of 50 states have lost jobs since they rammed through their so-callled Trillion dollar stimulus bill passed. The Obama-Pelosi economic plan resulted in a cumulative 7.5 million jobs deficit. In fact, Barack Obama is the worst jobs president since the Great Depression.

These are called facts. They are not the kinds of things that Barack Obama will mention in his speeches because he prefers to focus on emotions and rhetoric. He is not going to talk about unemployment and budget numbers. He is going to talk about hope and change. Don’t get fooled again.

It turns out there is a gender pay gap – and men are the victims

Well, first of all, it’s important to note for those who didn’t know that salary differences are purely the result of individual lifestyle choices, not the result of sexist discrimination. Who says? The US Labor Department, that’s who.

Here are the details.

Excerpt:

Economists who have studied the pay gap have observed that numerous factors other than discrimination contribute to the wage gap, such as hours worked, experience, and education. For example, Professor June O’Neil has written extensively about how time out of the workforce, or years spent working part-time, can reduce future pay. Likewise, economist Diana Furchtgott-Roth, in her book Women’s Figures, has written about the decisions that women are more likely to make to choose flexibility, a friendly workplace environment, and other nonmonetary factors as compared to men.

Recognizing the importance of unbiased research on the pay gap, the Labor Department recently contracted with CONSAD Research Corporation for a review of more than 50 existing studies as well as a new economic and statistical analysis of the pay gap. CONSAD’s Report, which was finalized on January 12, 2009, found that the vast majority of the pay gap is due to several identifiable factors and that the remainder may be due to other specific factors they were not able to measure.

CONSAD found that controlling for career interruption and other factors reduced the pay gap from about 20 percent to about 5 percent. Data limitations prevented it from considering many other factors. For example, the data did not permit an examination of total compensation, which would examine health insurance and other benefits, and instead focused solely on wages paid. The data were also limited with respect to work experience, job tenure, and other factors.

The Labor Department’s conclusion was that the gender pay gap was the result of a multitude of factors and that the “raw wage gap should not be used as the basis for [legislative] correction. Indeed, there may be nothing to correct. The differences in raw wages may be almost entirely the result of individual choices being made by both male and female workers.”

It turns out that the pay gap, which was always entirely due to lifestyle choices, is now working against men. After Jennifer Roback Morse, one of the women I like the most is Carrie Lukas, author of “The Politically Incorrect Guide to Women, Sex and Feminism”. Here she is writing in National Review, explaining the latest research on the pay gap.

She cites the radically left-wing Time magazine:

…according to a new analysis of 2,000 communities by a market research company, in 147 out of 150 of the biggest cities in the U.S., the median full-time salaries of young women are 8% higher than those of the guys in their peer group. In two cities, Atlanta and Memphis, those women are making about 20% more. This squares with earlier research from Queens College, New York, that had suggested that this was happening in major metropolises. But the new study suggests that the gap is bigger than previously thought, with young women in New York City, Los Angeles and San Diego making 17%, 12% and 15% more than their male peers, respectively. And it also holds true even in reasonably small areas like the Raleigh-Durham region and Charlotte in North Carolina (both 14% more), and Jacksonville, Fla. (6%).

And then Carrie says:

As this new research shows, it’s women’s (and men’s) attributes and career choices that determine earnings. Yet there’s something troubling about Time‘s tone, which suggests that we should all be celebrating the idea of women dominating the workplace. To the extent that this trend is driven by men losing jobs and remaining out of work, and young men failing to attain the skills needed to meaningfully contribute to the economy, this is not good news at all.

Of course, we all want women to have the opportunity to compete and succeed in whatever profession they choose. But we want the same to be true for men. Furthermore, given that some women still wish to stay home or reduce their workload in order to spend time raising children, women’s higher earnings may actually be a symptom of hardship: More women are having to work more since the men in their lives can’t provide for the family alone or because they are providing for themselves.

You can read more about this whole story on Hot Air. Remember that in the traditional family, men get their authority to lead because of their role as primary earner. When they are not the primary earner, or when they are swapped entirely for a government check, then children have to grow up without that moral and spiritual leadership. Men are all about the moral standards, and women are all about forgiveness and compassion. Both are needed.

Unemployment up to 9.6%, 283K jobs lost during recovery summer

Detroit Job Fair
Detroit Job Fair (AP Photo)

This is from the US Bureau of Labor Statistics.

Excerpt:

Nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6 percent, the U.S. Bureau of Labor Statistics reported today. Government employment fell, as 114,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment continued to trend up modestly (+67,000).

Household Survey Data

The number of unemployed persons (14.9 million) and the unemployment rate (9.6 percent) were little changed in August. From May through August, the jobless rate remained in the range of 9.5 to 9.7 percent. (See table A-1.)

Among the major worker groups, the unemployment rate for adult men (9.8 percent), adult women (8.0 percent), teenagers (26.3 percent), whites (8.7 percent), blacks (16.3 percent), and Hispanics (12.0 percent) showed little change in August. The jobless rate for Asians was 7.2 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.)

The total number of jobs lost during the Democrats’ “recovery summer” is now at 283,000.  283,000 jobs lost during the “summer of recovery”. No amount of good intentions and fine speeches is going to change the laws of economics – if you take money from the private sector and spend it on government programs and you will lose jobs.

I notice that the mainstream media and the White House are spinning the job numbers by talking about the jobs gained number instead of the net jobs lost, or the rising unemployment rate, so I had to set things straight.

And keep in mind that the Democrats intend to allow the Bush tax cuts to expire, which really means implementing the largest tax hike in history. It will totally destroy the economy.

Nonfarm payroll employment changed little (-54,000) in August, and the unem-
ployment rate was about unchanged at 9.6 percent, the U.S. Bureau of Labor
Statistics reported today. Government employment fell, as 114,000 temporary
workers hired for the decennial census completed their work. Private-sector
payroll employment continued to trend up modestly (+67,000).

Household Survey Data

The number of unemployed persons (14.9 million) and the unemployment rate
(9.6 percent) were little changed in August. From May through August, the
jobless rate remained in the range of 9.5 to 9.7 percent. (See table A-1.)

Among the major worker groups, the unemployment rate for adult men (9.8 per-
cent), adult women (8.0 percent), teenagers (26.3 percent), whites (8.7 per-
cent), blacks (16.3 percent), and Hispanics (12.0 percent) showed little
change in August. The jobless rate for Asians was 7.2 percent, not season-
ally adjusted. (See tables A-1, A-2, and A-3.)