Monday, April 4, 2011

U.S. Employment Numbers -#2783 - The Depressing Jobs Chart That Puts the Numbers in Perspective - The Blaze - Business Insider (2) Stop Sending Jobs Overseas - Heritage Foundation

Last week, the jobs report had many excited: unemployment hit a two-year low. Then we brought you a chart and fact that showed while the numbers were good, there’s still a long way to go. Now, here’s another one of those charts from via Business Insider. “Of course, the structural problem of America’s labor market is unchanged, because of population growth during that same time period,” writes Gregor MacDonald. “At current rates of ‘jobs growth’ it would take until 2016 to regain the employment highs of 2006-2007.” Here‘s the chart that shows what he’s talking about: Read more here, as well as see a bonus chart about California’s dismal unemployment. AW: Let's see, Obama's Presidency has really had a robust impact on the economy, and he is really trying to improve the numbers??

Stop Sending Jobs Overseas - Heritage Foundation - Today, the Labor Department released its monthly jobs report showing that the U.S. economy added 216,000 jobs in March and unemployment fell to 8.8 percent. Despite these encouraging numbers, Americans still consistently tell pollsters that jobs and the economy are the most important problems facing the country. And yesterday, Gallup released a poll showing that the number one way Americans would like to see more United States jobs created is to stop sending new jobs overseas. That is a fabulous idea, and the simplest way to accomplish it would be to lower out nation’s corporate tax rate.  The United States was once a leader in tax rate reduction. In 1981, President Ronald Reagan passed a broad tax cut package to encourage economic growth. How well did it work? Just compare the drops in unemployment from both the Reagan and the Obama economic recoveries. Since the Obama recovery began 21 months ago, the national unemployment rate has fallen only 0.6 points, from 9.4 percent in July 2009 to 8.8 percent today. Contrast those anemic results with the robust job growth that occurred during the Reagan recovery in the ’80s. By the 21-month mark of the Reagan recovery, unemployment had dropped from 10.8 percent to 7.5 percent—a 3.3 point drop.  Read more...........

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