Last Updated:April 23 @ 05:24 pm

7.8 Percent Unemployment Is Nothing to Brag About

By Susan Stamper Brown

If the federal government was meant to create jobs, it would have created a surplus of them by now, and unemployment would be far below 7.8 percent -- considering the exorbitant amount of money the Obama administration has, as it says, "invested" to do so.

According to the Weekly Standard in July 2011, a report by the administration's Council of Economic Advisors found Obama's method of job creation via economic stimulus was relatively ineffective and quite expensive, costing taxpayers, their children, and grandchildren $278,000 per job created.

More than three years ago, a fresh-faced and hope-filled President Obama said our ailing U.S. economy could be fixed if taxpayers would allow him to spend what is now more than $800 billion in "stimulus" funds promising this "investment" would create a ginormous amount of shovel-ready jobs, and would reduce unemployment to at or below 5.6 percent. Three years later, even President Obama admitted the jobs were "not as shovel-ready as we expected."

As good as all that sounded to the unassuming ear, the latest October 5, 2012 Bureau of Labor Statistics (BLS) report showing 7.8 percent unemployment pretty much proves, as well-intended as it is, the federal government cannot replace human ingenuity and hard work to create jobs.

The White House would like us to believe the slight drop to less than 8 percent unemployment is proof positive the economy is headed in the right direction, and all this administration needs is four more years of economic experimentation to get it right.

The slight decline in unemployment is nothing to brag about if this is all the administration has to show for after four years of effort. The BLS reported that, in September, 12.1 million people were unemployed; 6.5 million people lost their jobs, an additional 2.5 million were unemployed for less than five weeks, 4.8 million had been unemployed 27 weeks or more, and 2.5 million were "marginally attached" (unemployed and not seeking employment in September). Approximately 600,000 joined the ranks of "involuntary part-time workers" because their hours were cut back or they could not find full-time work and accepted part-time work -- raising the number of involuntary part-time workers to 8.6 million people.

Moreover, a study performed by the National Employment Law Project found that although more than half of the jobs lost from first quarter of 2008 through first quarter of 2010 were "mid-wage occupations" most of the jobs created by the Obama administration from first quarter of 2010 through first quarter of 2012 were "lower-wage" jobs.

The bad news for the middle class and especially single-wage households is that during the recession, 21 percent of jobs lost were lower-wage, yet a breathtaking 58 percent of new jobs created by Obama were lower-wage. Additionally, while 60 percent of mid-wage jobs were lost during the recession, only 22 percent of them were recovered. It is no surprise the amount of food stamp recipients has skyrocketed under this administration. The sad thing is, we can't honestly say the tab for all this so-called "recovery" spending is being funded by taxpayer dollars anymore, but also Chinese yen.

Borrowing money to create jobs is unsustainable long-term. The non-partisan Congressional Budget Office (CBO) August 22, 2012 report projects 2013 will be worse than 2012, leading to "economic conditions in 2013 that will probably be considered a recession" with unemployment rising to around nine percent in late 2013.

The same report predicts that if "many current policies are continued" the "debt held by the public would climb to 90 percent of GDP by 2022—higher than at any time since shortly after World War II," and would eventually "lead to a level of federal debt that would be unsustainable from both a budgetary and an economic perspective."

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Susan Stamper Brown is an opinion page columnist, motivational speaker and military advocate who writes about politics, the military, the economy and culture. Email Susan at writestamper@gmail.com or her website at susanstamperbrown.com. ©2012 Susan Stamper Brown.

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34 Comments

  1. billwvComment by billwv
    October 12, 2012 @ 1:11 pm

    When we witness the digression of the economy and the producing of jobs; we look at the policies of the Oblunderer-in-charge. He has spent ‘mountainous’ resources on ‘buying’ the few jobs that he so highly touts as ‘his accomplishment’. Few in the private sector are buying the claim of 7.8% that is in actuality some 15%. I find it hard to believe that the jobs numbers of September spiked to the height they went without some ‘manipulation’ on the part of the Labor Department. I think that this was a ‘setup’ for Ozero the claim that his policies were working and would ‘just take more time’ to fully implement. All this man has done has been a disaster so how can we expect him to do anything different? He has lied, deceived, come up with phony math and now is in the process of ruining America with his ‘stinking’ ‘lead from behind’ foreign policy.

    We need shed of this run-away from the funny farm.

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    • thinkerComment by thinker
      October 12, 2012 @ 4:30 pm

      I think unempl. is at least 20%-25% and GROWING.

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    • WaltComment by Walt
      October 12, 2012 @ 5:29 pm

      I agree billwv unemployment could not drop some 5% over night.a lot of people dropped off unemployment ans stopped looking for a job, the people that have a brain somehow are going to try to explain to the ones that believe the Media and Obama’s cooked up numbers. I find it an insult for them to believe some of us are that dumb.
      Romney and Ryan have to beat the Liberal Media along with Obama a task that will be done with Gods help.
      Thank you and have a Blessed Day.

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    • rosecoatsComment by rosecoats
      October 12, 2012 @ 10:11 pm

      Every time the question of jobs comes up, a co-worker parrots the Obama line that 800,000 jobs per month were being lost at the end of GW Bush’s term. Where can I find truthful information about this claim? If you look online, the Dems are spouting it everywhere.
      Just the numbers are impossible, that equates to nearly 10 million jobs per year, but I’d like to have the real facts to rebut this ridiculous claim by the Obamabots.

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    • Jota_Comment by Jota_
      October 12, 2012 @ 10:57 pm

      http://www.bls.gov/webapps/legacy/cpsatab1.htm

      Select unemployed
      scroll to the bottom of the page
      Click “Retrieve Data”

      From Nov 2008 to Dec 2008 984,000 jobs were lost
      From Dec 2008 to Jan 2009 2,010,000 jobs were lost

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    • rosecoatsComment by rosecoats
      October 13, 2012 @ 12:02 am

      ‘Unemployed” is not necessarily the same thing as “jobs lost”. One can be unemployed during a certain month and NOT have lost their job in that month. Also, the numbers I am getting do not jive with what you just posted. From 2009 until now, there hasn’t been a month where unemployed numbers have been less than 11,000,000. And that I am sure does not count the underemployed and those who dropped off the unemployment rolls.

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    • Jota_Comment by Jota_
      October 13, 2012 @ 1:08 am

      True, if I became unemployed and someone else filled my old job, there was no job lost. I am unemployed but no job was lost

      However, the total number of individuals unemployed would remain the same for the count, because, either the person who filled my old job was employed or unemployed. If employed then I can take his old job. If unemployed then we have just traded placed in the unemployment line there is NO NET change

      So the only way the number of unemployed can go up is if jobs are lost, and since the number is going up for that period of time one can logically conclude jobs were lost, even though you are right, they are not he same thing

      And I posted a link to the data, you can check it yourself. It is not a debatable issue. Either it is a fact or it is not. If you are calling it as BS then you will need to support your position with other evidence

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    • redseaComment by redsea
      October 13, 2012 @ 5:22 am

      I would not put it past Obama for a second to manipulate the jobs numbers, as they are revised 2 times afterwards, and they have the annual March normalization adjustment for the preceding year and 7 months following. It will all be adjusted later and explained by a sampling error. In addition, if you look at the BLS handbook of methods, the CES (Current Employer Survey) is set up so many of the companies call in and report their payroll survey by a computer assisted phone call. Can you imagine that Obama would know who the companies are on the survey and promise money or something to a couple with willing participants to report high numbers. I may be grabbing at straws here, but it is entirely and easily possible to fudge the numbers, and it wouldn’t have to be done by the staff of the BLS, and it could be done without their knowledge so they defend the numbers.

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    • nkc3557Comment by nkc3557
      October 13, 2012 @ 5:59 am

      I’m so tired of hearing that unemployment has gone down. How many of these people have exhausted all the unemployment benefits, and still have not found a job. Just because they have used up all there unemployment benefits”DOES NOT MEAN THEY ARE EMPLOYED.” COME ON CONGRESS YOUR NOT STUPID AND NEITHER ARE US AMERICANS.QUIT FEEDING US BULL!

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    • rosecoatsComment by rosecoats
      October 13, 2012 @ 10:31 am

      Jota, unemployment numbers are only an indirect measure of the health of the job market, as one can be on the rolls for many months…yet you only become unemployed during ONE month. Also, people drop off the rolls after a measured number of months and not necessarily because they have a job. Others drop off when they find a job that is temporary, or part time, or pays minimum wage. So I still don’t see how Obama can claim that 800,000 jobs were lost per month under Bush. If it was just for ONE month, that is a disingenuous claim of a fluke phenomenon, and if it were sustained that would mean a loss of 10 million jobs per year….obviously, that didn’t happen. Unless there is another way that this claim can be substantiated other than unemployment numbers? I hope Romney is prepared to address this in future debates because I am sure it will come up.

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    • Jota_Comment by Jota_
      October 13, 2012 @ 11:58 am

      Rosecoats,

      To evaluate a problem you need to set it up correctly. Logic is a branch of mathematics, and when you don’t follow the rules you get misleading numbers

      The claim
      “800,000 jobs per month were being lost at the end of GW Bush’s term”

      Since the “end of GW Bush’s term” is not precisely defined it is not possible to definitely determine whether it is true or false. But one thing we do know, for certain, GW Bush’s term did end and if we examine just that month, December 2008, 984,000 jobs were lost, which would make it a true claim for this month

      And if one takes the number unemployed on January 2001, when GW took office 6,647,000 to the number on December 2008, 10,999,000 that is a difference of 4,352,000. Since he was in office for 96 months that means the average job loss was 45,333 per month and makes the claim false

      These are just the facts and if we wish to reach across the aisle and put this great nation back to work it will require men and women of integrity from both parties

      And Mitt Romney/Paul Ryan are ours

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    • nanny89123Comment by nanny89123
      October 13, 2012 @ 6:21 pm

      They discovered that they did NOT count California. The real rate is at least 25%. I live in Nevada. They say our rate is 12plus percent. It is more like 30%

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    • dmttbt6Comment by dmttbt6
      October 14, 2012 @ 1:54 pm

      How high was the unemployment rate when obama took office???

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  2. thinkerComment by thinker
    October 12, 2012 @ 4:29 pm

    SUSAN! – the number has to be under 8% – because RUSH SAID SO!
    FuBar Ack may call unempl. 0%, consumer satisfaction 100%, “BHO love index” 12 on scale 1 to 10, he may say: “according to the polls I have won all 57 states” – IT DOESN’T MATTER – we see, we know, we’ll kick him out soon.

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  3. mrsgunnut10Comment by mrsgunnut10
    October 12, 2012 @ 4:45 pm

    On a daily basis, while watching National TV, you hear of Business’s either closing, going part time, furlowing jobs, laying their people off, or otherwise just plain handing out “Pink Slips”. Then along comes Obama, Biden, Carney, or some other White House Bungler spouting that the Administration had made 3 to 5 Million jobs in the last 3 months. WHERE ?? When they all give out these outrageous numbers, there is never any indication of where these jobs are located. In our local Paper there is always a listing of “Help Wanted Ads” but none of them ever say “Contact the Federal Government (Obama)and we will put you to work. None of them are in Washington D. C., these are local Business’s that are putting people to work, Obama didn’t have anything to do with opening up these jobs. Next time Federal Government, tell, “We The People”, where these Phantom jobs YOU MADE are located. Also give us the exact calculation numbers of how you come up with, YOUR, unemployment figures. Thank you for your time. TSgt., USAF Retired.

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    • clarkentComment by clarkent
      October 12, 2012 @ 8:56 pm

      I totally agree. Anyway .3% is not much of a drop. The part time help that has been mentioned is mostly Holiday help and will get laid off after the holidays are over.Most numbers coming out of Wash. are doubtful, but we are supposed to believe them. Ha,Ha.

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  4. jagansComment by jagans
    October 12, 2012 @ 5:23 pm

    It doesn’t count if the jobs are working for any agency that is paid for by our taxes. That’s a liability not an asset

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  5. midamericaComment by midamerica
    October 12, 2012 @ 5:44 pm

    the 7.8% does not include ca which had a 10.6% the previous month

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  6. trustygmaComment by trustygma
    October 12, 2012 @ 5:51 pm

    Are you counting all that has run out of money, this count is way low; There is nothing left of the American character. Only a people who have lost their soul could tolerate the evil that emanates from Washington. We need to vote them all out, we had the change, now a new plan, well I want new people in washington! out with the old and end with the new.

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  7. leblazichComment by leblazich
    October 12, 2012 @ 6:01 pm

    According to Shadow Government Statistics it appears that the real unemployment rate is closer to 23%. I believe 23% is much more accurate than any number the politicians manipulate to serve their agenda.

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  8. Jota_Comment by Jota_
    October 12, 2012 @ 6:11 pm

    But Obama was specific and gave details as to what was his economic plan.

    Never mind it didn’t work out, for anyone, Bush made him do it!

    Of course, we have the Nobel winner of Economics, Paul Krugman
    http://en.wikipedia.org/wiki/Paul_Krugman

    Saying if Obama had spent more money it all would have worked out.

    When the real problem, Obama spent the money trying to stimulate the wrong sector of our economy. Obama bet on the public sector, yea the ones who get paid with tax dollars. It is completely unimaginable what he hoped to stimulate.

    Some have suggested it was to pay off his buddies who contributed to his election

    I think it is because Obama is so indoctrinated in socialist thinking he does not have a clue how a free market works.

    And that is truly the bottom line, why, for 44 months of 8% or greater unemployment, Obama has been holding it back, preventing it from doing what it does best, WORK!

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  9. daveeComment by davee
    October 12, 2012 @ 6:49 pm

    John Williams, the economist and creator of shadowstats.com has created a way to blow the government obfuscation to smithereens. It is done by using the historical data for determining present economic realities. If we use the historical method of measuring unemployment in the same way it was measured in the 1930′s or the 1980′s, then our present unemployment rate is approximately 23%. Why in the world would GOPUSA repeat the stupid, lying numbers of this administration?

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  10. thomasjeffersonComment by thomasjefferson
    October 12, 2012 @ 8:36 pm

    7.8 percent is a lie perpetrated by this administration twisting the numbers which do not include those who have lost their unemployment benefits and those who are forced to work part time just to feed their children.

    Shame on you democrats who wish to continue the failed policies of this administration just to keep a democrat in the whitehouse to give handouts to illegal aliens.

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  11. crunchemComment by crunchem
    October 12, 2012 @ 11:10 pm

    “Additionally, while 60 percent of mid-wage jobs were lost during the recession, only 22 percent of them were recovered.”

    I had to read this three times to make sure I wasn’t seeing things. Go to the source of this report and read it:

    http://www.nelp.org/page/-/Job_Creation/LowWageRecovery2012.pdf?nocdn=1

    So, in two years (2008 Q1 to 2010 Q1) three fifths of mid-range hourly workers ($18.00/hr full time) lost their jobs, and only one third of those have found their way back to a similarly paying job.

    Only a smattering of low-range workers lost work, but more jobs were created in the low range than were lost during this “recovery”.

    Translation: even if the unemployment rate was still 8% (it’s not) it still stinks because more people who found work found it only in the $10.00/hr range. When you factor in that the unemp rate is really more like 23%, AND THEN factor in that more of the jobs “recovered” are at a 40% reduction in pay, it FEELS like a 30+% unemployment rate. THIS REALLY STINKS!

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  12. buzdavisComment by buzdavis
    October 13, 2012 @ 5:21 am

    For four years (approx) this administration has been saying
    “don’t read too much into a single month’s jobs report”

    Why should we trust it now ?

    Don’t let it affect your vote! Or, if you already picked up on this vote Romney-Ryan 2012!

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  13. hedhurley1Comment by hedhurley1
    October 13, 2012 @ 8:05 am

    On Friday 10/12/2012 Rush Limbaugh Show he said and I heard that the latest October 5, 2012 Bureau of Labor Statistics (BLS) report showing 7.8 percent did not include the state of California’s. Did anybody else hear this ? Are the numbers all wrong ? This is one of the highest Unemployment states in the nation.

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    • Jota_Comment by Jota_
      October 13, 2012 @ 9:44 am

      Read some thing about it from, if remember correctly, ‘Busines Review’

      According to California department which reports the information all things were done as normal

      And I think most are looking at this reduction in unemployment the wrong way

      Think of the American economy as a race horse. It cannot help it, it was born to run.

      Now if a jockey, race after race, got 8% less out of the horse than the horse had to give and then one race he only got 7.8% less, you would not say the jockey is finally getting it right, you would say the jockey is still chocking the wind out of the horse, just not as much

      That is what Obama is doing. Yes he inherited a sick horse but once it is back on its feet you got to let it run

      Obama cannot grasp that and needs to be replaced

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    • Jota_Comment by Jota_
      October 13, 2012 @ 11:36 am

      The McLaughlin Group, 23 minutes into the video, mentions California, actually a very good segment recommend viewing
      http://www.youtube.com/watch?v=UHaglBuLAtg&feature=player_embedded#!

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    • al5843Comment by al5843
      October 15, 2012 @ 11:58 am

      I saw a piece that said California does not have enough state employees to report the numbers in their entirety.
      Almost a year ago Ann Barnhardt predicted that Obummer would get unemployment in the month prior to the election EXACTALLY where it is now. Check Barnhardt.biz.

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  14. noveldogComment by noveldog
    October 13, 2012 @ 9:14 am

    Who believes it is 7.8? I don’t! It is 9.1 % in NC and we are not alone. It is going to get higher because of the fuel prices which is all BHO and Biden’s fault. Our enemies are getting rich while we pay through the teeth for our fuel…thanks to them and their stupid policies!

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  15. hedhurley1Comment by hedhurley1
    October 13, 2012 @ 12:33 pm

    On Friday 10/12/2012 Rush Limbaugh Show he said and I heard that the latest October 5, 2012 Bureau of Labor Statistics (BLS) report showing 7.8 percent did not include the state of California’s. Did anybody else hear this ? Are the numbers all wrong ? This is one of the highest Unemployment states in the nation.

    I made this post and I do not believe that Rush Limbaugh is a LIAR and in August California’s unemployment rate was 10.6% if this was left out of the September count this certainly change the 7.8%. Please go to Rush Limbaugh site and seeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

    Friends this is outrages this is the Chicago thugs taking over our government and patting them selves on there thieving backs

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    • Jota_Comment by Jota_
      October 13, 2012 @ 12:45 pm

      As Pat Buchanan on the Mclaughlin Group pointed out, this is the greatest improvement in employment in the last thirty years and the one, thirty years ago, was under a robust recovery with the Reagan administration, and this recovery is not even close. He also pointed out libor for any who wish to believe it is impossible to cook the books

      Personally am highly skeptical of the number

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  16. RME KRNLComment by RME KRNL
    October 13, 2012 @ 4:32 pm

    Team Obama want us to think that a 4/10ths change (from 8.2 to 7.8) in unemployment is “progress” and a “trend.” Hardly. We need about 250K jobs a month added just to keep up with population growth, don’t we?

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  17. Pingback: Diersen’s News Clips & Upcoming Events; 10-13-12 – They Don't Fool ME!

  18. txsunshyneComment by txsunshyne
    October 14, 2012 @ 4:49 pm

    I will be laid off from the Oil Industry in November so you can me to the numbers next month
    I really hope and pray that Romney gets in so we can continue to use our energy resources in
    the GOOD OLE USA and maybe my job will be spared but as it looks now I will be on the unemployment
    line. God Bless the USA!

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