Thursday, April 25, 2013

The Millions Who Lost Their Jobs, 2001-2012

What follows are first time claims for unemployment compensation, not-seasonally-adjusted, by year from 2001 through 2012, using Department of Labor figures, here, rounded to the nearest thousand weekly and totaled:

2001 20.9 million
2002 20.9 million
2003 20.8 million
2004 17.7 million
2005 17.7 million
2006 16.2 million
2007 16.7 million
2008 21.6 million
2009 29.5 million
2010 23.7 million
2011 21.7 million
2012 19.4 million.

George W. Bush, first term average = 20.1 million annually (387,000 weekly)
Barack H. Obama, first term average = 23.6 million annually (454,000 weekly)

George W. Bush, second term average = 18.1 million annually (348,000 weekly)
Barack H. Obama, second term average = ? (at 375,000 weekly for the first 15 weeks of 2013, that's an annual rate of 19.5 million to date)

George W. Bush, total average over both terms = 19.1 million annually (367,000 weekly)