Tag: job losses

Jobs Report – May 2016
ecthompsonmd June 3, 2016

From BLS: The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and nonfarm payroll employment changed little (+38,000), the U.S. Bureau of Labor Statistics reported today. Employment increased in health care. Mining continued to lose jobs, and employment in information decreased due to a strike. Total nonfarm payroll employment changed little in May (+38,000). Job growth occurred in health care. Mining continued to lose jobs, and a strike resulted in job losses in information. (See table B-1.) Health care added 46,000 jobs in May, with increases occurring in ambulatory health care services (+24,000), hospitals (+17,000), and nursing

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Public Sector Job Growth
ecthompsonmd June 10, 2015

One of the things that conservatives have said was that Obama was growing the government by hiring tons of public sector workers. This was not true and easily proven to be false. The following is from Calculated Risk Blog, who put together the numbers and the graphs. (There is no website that I know of that does a better job at giving us an overall picture of the economy.) A big difference between the presidencies has been public sector employment.  Note the bumps in public sector employment due to the decennial Census in 1980, 1990, 2000, and 2010.    The public

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The Politics of False Correlation – Regulations and Job Growth
ecthompsonmd April 8, 2013

This is an excellent example of garbage journalism. You have Greta Van Susteren arguing that small businesses are being strangled by overwhelming regulations. Okay. Where’s the data? Instead of arguing the data, Greta Van Susteren simply tells Paul Krugman to ask small businesses why they aren’t hiring. What’s wrong with that? What is wrong with simply asking a business owner about his business behaviors? Well, most of the time, business owners have not sat down and thought about why they do the things that they do. Secondly, many business owners do not delineate between federal, state and local regulations. They see

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Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

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