Vice President Joe Biden recently declared that America's jobs picture is outstanding — historically exceptional, on the plus side.
“Businesses are hiring at historic rates,” Biden stated, “with 52 consecutive months of net private sector job growth."
President Obama reiterated the same point in a recent speech in Delaware. “Our businesses have now added nearly 10 million new jobs over the past 52 months,” he declared.
“By almost every economic measure,” Obama continued, “we’re doing a whole lot better now than we were when I came into office.”
These upbeat assessments about jobs and the performance of the U.S. economy, regrettably, aren’t backed up by the facts or shared by the American public.
A recent Gallup survey, for instance, shows 56 percent of Americans saying the economy is getting worse while 39 percent said the economy is improving.
In his July 13 article, “Full-Time Scandal of Part-Time America,” U.S. News & World Report editor in chief Mortimer Zuckerman provided a more realistic portrayal than Biden and Obama of the actual state of the U.S. economy.
“There has been a distinctive odor of hype lately about the national jobs report for June,” asserted Zuckerman, regarding the official economic reports for June 2014.
Here, for instance, was the optimistic reporting from the Wall Street Journal: “U.S. employers added jobs at a robust clip in June and the unemployment rate fell, signs of labor-market strength as the economic recovery heads into its sixth year. Nonfarm employment advanced at a seasonally adjusted 288,000 last month.”
Zuckerman added a note of caution: “Most people will have the impression that the 288,000 jobs created last month were full-time” because much of the reporting “didn’t distinguish between new part-time jobs and full-time jobs.”
In fact, the number of full-time jobs in June dropped by 523,000, reported the Bureau of Labor Statistics, while part-time jobs increased by 799,000.
Placing the news about the 523,000 decline in full-time employment in June in a non-headline position, the “288,000 jobs created” headlines produced a false picture of a strong and continuing economic recovery.
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