Democrats: We’re Happy With America’s Stagnant Job Growth

wasserman-schultz

Citing consecutive months of job growth, DNC Chairwoman Deborah Wasserman-Schultz says her party is “happy” with job growth in America.

Wasserman-Schultz is certainly correct when she cites consecutive months of job growth. The problem is that, while the economy has been adding jobs, it hasn’t been adding them fast enough to keep up with population growth. The only reason we haven’t been going backward on the national unemployment rate is because the labor pool has been shrinking as Americans give up looking for jobs and fall out of the statistical set used to calculate the unemployment rate.

The unemployment rate only counts those who are employed or looking for a job. If you stop looking, you’re no longer counted.

Democrats can’t really be “happy” about that.

avatar

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

Related posts

Top