BlueStar said:Anyway, is it an unemployment graph or an employment graph? 'Job gains' would seem to indicate it's counting the number of jobs rather than the number of unemployed.
Ok, look at the graph. It shows jobs lossed or gained for a given month. It is misleading in that it seems to make it look like more people are employed now than in October 07. Not so. The numbers are cumulative. Every time the graph is below the zero line, that's additional jobs lost in that month. So stack all those negative lines end to end, from Feb 08 right thru to Nov 09, and that's how far below the zero line we went backwards. Then take the 'positive' job months and subtract from the bottom and that's how far we came forward as of April 2010. Of course, many of those jobs back in the spring were census takers and were just temporary. After April we started back down the shithole. The latest number that came out today was another 95,000 lost last month, and unemployment at 9.6%. When Obama took office unemployment was still around 6-7% (remember the trillion dollar borrowed "stimulus" package was supposed to keep us from going past 8%). And back in October 2006, just before the democrats took control of both houses of Congress, unemployment was 4.4%.
The graph is only good news to those who want to see it that way.