Labor statistics without political spin

 

The Presidential tenure in the USA is four years.  Since the beginning of the labor statistics the average tenure has created 6 million new jobs.  That is the target for each President in the USA to meet.

 

 

 

 

 

 

Since 1939 we have created 105 million new jobs. This 105 million tells that the existing jobs tend to disappear fairly quickly while new ones are created.  So, don’t count on working the same job through your life as this change is even accelerating.  

During this recorded time we have had huge changes in jobs with largest monthly job losses reaching almost 2 million e.g. in September 1945 when the WW II ended.  This loss was followed by 0.9 million new jobs already in the following March alone. 

With 310 million population growing at 0.88% per year the USA should generate between 125,000 – 145,000 new jobs each month.  Since 1939 we have actually averaged some 125,000 new jobs per month.  

Unfortunately, during the current administration’s first tenure the new job creation has been the lowest recorded being as close to a statistical zero as one can get.  During the second tenure it appears to be clear that about 50,000 new jobs per month will be the final tally.  This grim as cruel for the ordinary people as it can get.  The country has lost about 7-8 million jobs during these two tenures and many of them deliberately.

What happened?   

 

 

Wars are supposed to create jobs as so much material and labor gets wasted and soldiers need plenty of support personnel to keep them doing their duties. 

The wars in Afghanistan and Iraq were simply too small to counter the deliberate export of the so called simplistic jobs overseas by our corporations.  The most naive ideological theory of the “neocons” was to create almost overnight new consumers to places like China and India that would buy our high value added products and with that support our living standards.  They still do not comprehend that the people everywhere are much smarter than that. 

This whole effort was camouflaged and sold to American people under the mantra of helping the people by spreading democracy and all the related nonsense while we actually were reaching for supremacy on all energy resources around the globe.  Of course everybody out there knew what we were after including perhaps even  90% of all Americans.  The official policy just did not admit to any of simple observations that all painted a crystal clear picture to everybody else outside the “denial circle” and more so outside the borders of the USA.  Those outside just played the game as the big guns have had always a destructive power.