Is 195,000 jobs added enough to support recovery? How do 102 mil who lost jobs under Obama recover @ this rate?

With the latest BLS survey reports suggesting as many as 195,000 jobs may have been added to the economy in June, liberals appear thrilled. An all Democrat led economy hemorrhaged 8.3 million jobs under Obama’s crash and burn losses in 2009 and 2010 before the DOL’s real employers’ payroll record counts at the ETA showed flat numbers for the first half of 2011, then adding jobs at a pace that wasn’t hurting the economy for the first time under Obama in the second half of 2011.

Perhaps for perspective, the real jobs growth of more than 7 million under Bush, which showed 133,886,830 Americans gainfully employed in January of 2009, showed a modest loss after 19 straight calendar quarters of growth at 15,557 during Bush’s final three months in Office. The crushing 8.3 million in actual counted jobs lost didn’t ramp up significantly before the second half of 2009 on nationwide job counts, which showed 8 straight calendar quarters of devastating losses under the economy led by a Democrat super majority Congress and a community organizer with a sketchy past in the Oval Office. Flat quarterly employers’ payroll record growth of just 12,595 in April 2011 ahead of 234,728 at the start of July 2011 on actual ETA counts, rather than survey-based BLS figures, showed the first half of 2011 inching upward for the first time with a modest gain of 247,323 recognizable jobs added to the economy at a pace of 41,220 jobs added monthly across the first six months of the year.

Since economists mostly debate where between 150,000 and 200,000 the economy is providing jobs for new, come-of-age, ready and hopeful entrants to the jobs market, anything less than the numbers of new workers infused into the economy means further losses of jobs overall. With almost 3.5 million college graduates and another 1.2 million high school and trade school graduates who chose not to enter higher education programs annually entering the workforce for a fifth consecutive spring under Obama, verifiable counts of our own nation’s young adults seeking jobs, according to the Digest of Education Statistics has reached about 23.5 million under this Administration. Of course, for young adults who entered college, a substantial percentage never graduate, and while estimates vary and don’t have the accuracy of DES counts, none claim more than 60% graduation rate in four-year degree granting higher education programs. Therefore the 23.5 million entrants from amongst our own young adults is vastly understated. Add to that more than 5 million LPR’s granted green cards, almost three-quarters of a million H1B visa recipients, almost 300,000 refugees and asylees, and the latest wave of 5-7 million mostly Mexican National illegal migrants having crossed our southern border uninvited, the overall growth of ready new workers vaults into a mid-30 million range since the Obama Administration took over in 2009. More honest, real math shows a rate of closer to a quarter-million jobs needed to be added each and every month to keep pace with new entrants to the jobs market.

Since real ETA counts show 102.36 million Americans who’ve lost jobs under Obama, according to new filers, also termed first time claimants, for unemployment after job losses during the ugly economy, how many of that group have returned to work when numbers of jobs is finally nearing almost enough to include newcomers to the workforce desperately seeking work to begin an independent adult life?

With tens of millions of former workers still counted amongst the long-term unemployed or purged from the ranks of marginally attached discouraged workers on BLS figures altogether, how many of the 102.36 million have in any way been restored? And with numbers the left and an unabashed liberal media celebrates, which is close but short of the real number of new jobs needed to add our latest come-of-age entrants and generously increasing immigrant/migrant counts of job seekers to the workforce, how are we recovering from the dreadful losses that remain 4.67 million workers down from the 133,886,830 employed Americans when Obama took Office that shows just 129,204,324 on Department of Labor real counts?

Why would anyone celebrate 195,000 jobs added, using survey-based metrics, no less, and suggest we’re experiencing healthy growth and desperately needed recovery? Those who study the numbers know better. This is an extension of the virtual recovery presented last summer to convince an American electorate the President shouldn’t be denied a second term based on the faltering, moribund economy he’s overseen and addresses simply by pretending it’s dramatically different from what it is to those who continue to feel the pain.

http://www.rockymountainperspective.com/985-millio...

http://www.nytimes.com/2013/07/06/business/economy...

http://jobs.aol.com/articles/2013/04/05/real-unemp...