No. of Recommendations: 1
All figures are official BLS numbers, Table B1, Seasonally Adjusted, Sept 2012				
				
Employment	Federal	State	Local	Total
(milllions)				
Jan-82	        2.902 	3.646 	9.493 	16.041 
Dec-85	        3.051 	3.862 	9.781 	16.694 
Dec-89	        3.098 	4.223  10.754 	18.075 
				
Change--4 yrs	0.149 	0.216 	0.288 	 0.653 
Change--8 yrs	0.196 	0.577 	1.261 	 2.034 
				
Jan-10	        2.865 	5.132  14.482   22.479 
Dec-13	        2.806 	5.060  14.077   21.943 
				
Change--4 yrs	(0.059)	(0.072)	(0.405)	(0.536)
				
Difference:				
				
4-yrs	         0.208   0.288 	 0.693 	 1.189 
				
Apply 1982-1985 govt job creation to 2010-2013:				
				
Jan-10	         2.865 	5.132 	14.482 	22.479 
4-yrs	         0.208 	0.288 	 0.693   1.189 
				
				
Unemployed:	12.088 	(millions)		
Raw UE Rate:	 7.8%			
Workforce;     154.974  (millions)		
				
US Population Change 1982-2010				
				
1982	232 	(million)		
2010	310 	(million)		
Increase:	33.62%			
				
Adjustment 1A: Change in govt employment by Congress				
Unemployed:	12.088 	Unemployed(millions)		
Difference:	 1.189 	Govt jobs created 1982-1985 by Congress but not created 2010-2013 Congress		
Subtotal:	10.899 	Unemployed(millions)		
Workforce:     154.974 	(millions)		
UE Rate:	 7.03%	Sep-12		
				
Adjustment 1B: Add secondary jobs not created (1:1) based on 1A				
Unemployed:	12.088 	Unemployed(millions)		
Difference:	 1.189 	Govt jobs created by 1982-1985 Congress but not created 2010-2013 Congress		
Subtotal:	10.899 	Unemployed(millions)		
Secondary jobs:	 1.189	1:1 ratio, non-govt jobs created 1982-1985 but not created 2010-2013		
Subtotal 1B:	 9.710	Unemployed(millions)		
Workforce:      154.97	(millions)		
UE Rate:	 6.27%	Sep-12		
				
Adjustment 2A: Add population change to 1A				
Unemployed:	12.088 	(millions)		
Difference:	 1.589 	1982-1985 govt jobs created by Congress adjusted for higher 2010 US population (+33.62%)		
Subtotal:       10.499 	Unemployed(millions)		
Workforce:     154.974 	(millions)		
UE Rate:	 6.77%	Sep-12		
				
Adjustment 2B: Add secondary jobs not created (1:1) based on 1B				
Unemployed:	12.088 	Unemployed(millions)		
Difference:	 1.589 	In millions--1982-1985 govt jobs created by Congress adjusted for higher 2010 US population (+33.62%)		
Subtotal:	10.499 	Unemployed(millions)		
Secondary jobs:	 1.589	In millions--1:1 ratio, non-govt jobs created 1982-1985 but not created 2010-2013--adjusted for higher 2010 population		
Subtotal 1B:	 8.911	Unemployed(millions)		
Workforce:     154.97	(millions)		
UE Rate:	 5.75%	Sep-12
Print the post  

Announcements

This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.