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Government Math on Job Growth - Fail!


Written By: Brenda (B.K.) Walker

October 2014

In what seems to be an ongoing soap opera of misinformation, once again, the government's accounting of the decline in unemployment and the increase in job growth gets a major failing grade. The Labor Department statistics for September were less than enthusiastic with manufacturing in the U.S. showing only 4,000 jobs gained in the month of September. August and September's manufacturing job growth statistics may evidence an industry stall-out that is sure to impact President Obama's 2nd term goal of adding 1 million new jobs to the manufacturing industry.

Each month the Bureau of Labor Statistics releases data on unemployment and job growth. These numbers are often deceiving, leaving out the number of jobs lost in one region as a company relocates to a new area where tax incentives are more abundant. Americans just want the truth, not a glorified "rose colored glasses" version of what is happening in the United States.

Source: U.S. Bureau of Labor Statistics
Source: U.S. Bureau of Labor Statistics

Read more of Industry Week's Report: Reality Check: Scant Job Growth in September

 Mike Keefe, Cagle Cartoons
Mike Keefe, Cagle Cartoons

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Other Articles of Interest:

How "Free" is the North American Free Trade Agreement?

National Manufacturing Day Celebrates Our Roots with Facts We Didn't Know

Keep on Truckin' – Vehicles That Last Over 200,000 Miles

'Made in the World' vs. 'Made in America:' What Does It All Mean?

Unemployment's Down? Job Growth's Up? (Building Our Own Graphs)

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