Home Invites Blogs Careers Chat Events Forums Groups Members News Photos Polls Singles Videos
Home > Blogs > Post Content

PRESIDENT OBAMA: “U.S. GAINED HALF MILLIONS JOBS.” POLITIFACT: “TRUE.” (741 hits)

POLITIFACT, September 6, 2012 -- During his acceptance speech at the Democratic National Convention in Charlotte, N.C., President Barack Obama touted recent growth in manufacturing jobs.


"After a decade of decline, this country created over half a million manufacturing jobs in the last two and a half years," Obama said.


Because of the wording of his claim, we are examining whether the numbers are right, not whether Obama's policies were instrumental. To check the numbers, we turned to data from the Bureau of Labor Statistics, the federal government’s official source for employment numbers. We used seasonally adjusted statistics for manufacturing jobs.


A DECADE OF DECLINE


It’s not news that manufacturing jobs have been in decline in the United States in recent years, though sometimes with ups and downs. Generally, the decline has been due to broad economic shifts both inside and outside the United States, as well as changes in technology. Manufacturing’s share of U.S. employment was 29 percent in 1960, but it fell to just 9 percent by 2011. Even the raw numbers of manufacturing jobs fell over that period -- from 15.7 million to 11.7 million -- despite a large expansion of the overall U.S. workforce.


Between December 1999 and December 2009 -- the decade Obama appears to be referring to -- manufacturing employment fell from 17.3 million to 11.5 million, a decline of just over one-third. So Obama’s correct that manufacturing jobs had experienced "a decade of decline" by the time he took office. If you look at the chart (reproduced above) the downward slope is essentially uninterrupted.


HALF A MILLION MANUFACTURING JOBS CREATED


During the period Obama chose -- from January 2010 to July 2012 -- manufacturing jobs began to rise again, by 532,000. That’s "over half a million manufacturing jobs," as Obama put it.


It’s worth noting that while the reversal has been striking, this rise has still replaced only a fraction of the manufacturing jobs lost during the "decade of decline." The manufacturing jobs gained during the turnaround replaced less than 10 percent of the jobs lost during the decade of decline.


OUR RATING


The rise in manufacturing jobs that Obama is referring to may be modest compared to the prior decade’s decline, but he has described the numbers carefully. We rate his statement TRUE.
Posted By: Richard Kigel
Friday, September 7th 2012 at 6:31PM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 

"After a decade of decline, this country created over half a million manufacturing jobs in the last two and a half years," President Obama said during his acceptance speech in Charlotte.

It should be noted that for most of the decade he refers to a Republican administration was in charge of an economy bleeding jobs. According to the President, the turnaround began in January 2010, after his own economic policies took effect.

Is this true or false?

Independent, non-partisan Pulitzer Prize winning fact checkers at POLITIFACT say…”TRUE!”

http://www.politifact.com/truth-o-meter/st...

Friday, September 7th 2012 at 6:32PM
Richard Kigel
More From This Author
SERENA WILLIAMS WINS QATAR OPEN TO RETAKE NUMBER ONE RANK
ROSA PARKS FEATURED ON NEW POSTAGE STAMP
THE REAL STORY OF THE MOST “LIKED” PHOTO OF ALL TIME
WILL WHITE VOTERS DOOM OBAMA?
MEET ROCHELLE BALLANTYNE, 17, FROM BROOKLYN, ON THE ROAD TO BECOMING BLACK FIRST FEMALE CHESS MASTER
FREDERICK DOUGLASS STATUE COMES TO U.S. CAPITOL
S.N.L. ELECTS A NEW PRESIDENT: JAY PHAROAH TAKES OVER ROLE OF IMPERSONATING OBAMA
SERENA, FACING DEFEAT, PULLS OUT STUNNING VICTORY FOR HER FOURTH U.S. OPEN CHAMPIONSHIP
Forward This Blog Entry!
Blogs Home

(Advertise Here)
Who's Online
>> more | invite 
Black America Resources
100 Black Men of America
www.100blackmen.org

Black America's Political Action Committee (BAMPAC)
www.bampac.org

Black America Study
www.blackamericastudy.com

Black America Web
www.blackamericaweb.com

CNN Black In America Special
www.cnn.com/blackinamerica

NUL State of Black America Report
www.nul.org

Most Popular Bloggers
agnes levine has logged 25144 blog subscribers!
reginald culpepper has logged 11983 blog subscribers!
miisrael bride has logged 8163 blog subscribers!
tanisha grant has logged 5295 blog subscribers!
rickey johnson has logged 4459 blog subscribers!
>> more | add 
Latest Jobs
Advanced Professional Counselor - Apply by 2/2/2026 with State of Connecticut, Executive Branch in Norwich, CT.
Analyst, Service Desk with Front Range Community College in Longmont, CO.
Director of Health Services with Lawrence Academy in Groton, MA.
Professional Counselor- Apply by 2/2/2026 with State of Connecticut, Executive Branch in Montville, CT.
Environmental Trainee - 260115-0196ES-001 - Apply by 2/4/26 with State of Connecticut, Executive Branch in Hartford, CT, CT.
>> more | add