Rape Culture Hysteria: Fixing the Damage Done to Men and Women

The Zero Decade Share This:





What I didn't read was the breakdown into private vs. government jobs. So with some digging at the



Seasonally adjusted:

month total nonfarm private government Dec 1999 130,532,000 109,992,000 20,540,000 Jun 2009 131,692,000 109,138,000 22,554,000 Change +1,160,000 -854,000 +2,014,000 Now if you look at the seasonally adjusted data for 2009 (or read the monthly news releases) you'll see that roughly half a million jobs are vanishing each month. So it's a safe bet that in six months we'll see another 1.16 million jobs lost...bringing the net for the decade to zero. Probably minus.



However, if you look at private jobs, the change is already negative. The only reason there are as many jobs now as ten years ago is because of the addition of two million government jobs. Most of them during the Bush years, though Obama seems determined to continue the trend. This is what they mean by "stimulus."



More tax consumers. Fewer tax payers. You can see where this is going.



(Footnotes after the break.)



Note 2: If you are inclined to distrust the "seasonal adjustment", you'll have to compare the unadjusted data for like months in 1999 and 2009:



month total nonfarm private government Jun 1999 129,906,000 109,596,000 20,310,000 Jun 2009 132,609,000 110,098,000 22,511,000 Change +2,703,000 +502,000 +2,201,000 Check back in six months for the December 2009 data. Back to category overview Back to news overview Older News Newer News



Note 1: I acknowledge that these tables don't reflect (private) farm employment. On the other hand, I think some tax-paid jobs in health and education get categorized as "private" even though they should be considered government jobs. It probably evens out in the end.Note 2: If you are inclined to distrust the "seasonal adjustment", you'll have to compare the unadjusted data for like months in 1999 and 2009:Check back in six months for the December 2009 data. Printer Friendly Brad - Sunday 12 July 2009 - 13:30:11 - Permalink A week or so back I read in a few different places -- I think one was the 5 Minute Forecast -- the observation that the "Zero Decade," or the "Noughts," or whatever you call 2000-2009, was going to be the Zero Decade in yet another way: at the current rate of job losses, U.S. employment in December 2009 will be unchanged from December 1999. That's ten years with no net increase in jobs.What I didn't read was the breakdown into private vs. government jobs. So with some digging at the BLS web site I found the monthly numbers for "total nonfarm" vs. "total private":Seasonally adjusted:Now if you look at the seasonally adjusted data for 2009 (or read the monthly news releases) you'll see that roughly half a million jobs are vanishing each month. So it's a safe bet that in six months we'll see another 1.16 million jobs lost...bringing the net for the decade to zero. Probably minus.However, if you look at private jobs, the change is already negative. The only reason there are as many jobs now as ten years ago is because of the addition of two million government jobs. Most of them during the Bush years, though Obama seems determined to continue the trend. This is what they mean by "stimulus."More tax consumers. Fewer tax payers. You can see where this is going.(Footnotes after the break.)