(THREAD) Trump has created 5.3 million jobs in his 31 full months, while Obama created 6.9 million in his last 31 full months. That is a 29% faster pace under Obama.

1/ Trump's job creation rate has been quite a bit behind the pace Obama had left for him for a while, but it turned out that Trump's numbers had been overestimated by 501k jobs, so Trump is even further behind than the jobs numbers were showing.

2/ News that Trump's numbers were overestimated:

"The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000."

"The final benchmark revision will be issued in February 2020."

https://www.bls.gov/web/empsit/cesprelbmk.htm

3/ Here is a link to government data for total jobs:
https://data.bls.gov/timeseries/CES0000000001

Obama: 5/14 to 12/16: 145.443-138.533 = 6.910 million
Trump: 1/17 to 8/19: 151.541-145.695 = 5.846 million

Those numbers have not been updated for the -501k revision yet for Trump mentioned above.

4/ With the revision we are looking at 6.9 million for Obama and 5.3 million for Trump for 31 months going into Trump's term and the first 31 full months in Trump's term, until we get final numbers in February.

6.91/5.345 = 1.29. So, 29% faster job growth for Obama.

6/ Here is a link for looking at the monthly data:
https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth

Of course some will say that we have to compare the beginning of Obama's term to the beginning of Trump's, but nobody who understands economies would say that. It takes time to turn economies.

7/ Also, Trumpsters have been happy to compare the pace Obama left Trump and Trump's performance when it came to manufacturing jobs, which I am good with doing.

Trump has done well for manufacturing jobs, but they tend not to be where he promised, and have slowed down recently.

8/ Here is an article from June about where the manufacturing jobs increases have been happening: https://www.nytimes.com/2019/06/13/business/economy/trump-manufacturing-jobs.html

9/ Here is a link to government data on manufacturing jobs:
https://data.bls.gov/timeseries/CES3000000001

People can see that Trump had a good run, but his pace there has flattened out quite a bit.

10/ Running the math for manufacturing jobs:

Obama: 5/14 to 12/16: 12,355-12,146 = 209k
Trump: 1/17 to 6/19: 12.853-12.368 = 485k

485/209 = 2.32. So, 132% faster man. jobs growth under Trump.

That is, 276k more man. jobs for Trump, and 1841k more in other areas for Obama.

11/ One rather deceptive Trump supporter ( @ChuckDeVore) played a game where he claimed the extra total jobs under Obama was close enough to be a wash (but didn't give the number), while claiming the extra man. jobs under Trump was significant because the % increase was higher.

12/ Here is an article by @ChuckDeVore. I can't stop people from trusting him, but when I see deception like he has perpetrated, I will always be careful about checking when he makes claims.
https://www.forbes.com/sites/chuckdevore/2019/03/11/trumps-policy-magic-wand-boosts-manufacturing-jobs-399-in-first-26-months-over-obamas-last-26/#1186757b20a6
Notice that his 399% claim is now down to just 132% in 5 months.

13/ We got September numbers today. So, here is the math as of October 4, 2019. Links are in previous tweets.

Obama: 4/14 to 12/16: 145.443-138.312 = 7.131 million
Trump: 1/17 to 9/19: 151.722-145.695 = 6.027 million

Take off the -501k revision and Trump is at 5.526 million.

14/ So, 29% faster job creation for Obama's last 32 full months compared to Trump's 32 full months based on the government's numbers.

15/ I mentioned in 9/ above that Trump had a good run for manufacturing jobs, but has largely flattened out. For September manufacturing jobs were down 2k. There was also another 1k of downward revision from before September.

16/ Running the math for manufacturing jobs through September:

Obama: 4/14 to 12/16: 12,355-12,134 = 221k
Trump: 1/17 to 9/19: 12.850-12.368 = 482k

482/221 = 2.18. So, 118% faster man. jobs growth under Trump. That lead continues to go down.

17/ To recap for some of the above through September for the data we have, Trump has created 207k more manufacturing jobs for his 32 full months than Obama did for his last 32 full months, but Obama created enough other jobs that for all jobs Obama created 1.6 million more.

18/ For a little perspective on what Trump promised vs what he has delivered, most of what Trump has added for manufacturing isn't even where he was promising, like these:

19/ I should probably do a thread on that "Magic Wand" comment from Obama. The data from Trump's own government supports that Obama was right, yet I see Trumpster after Trumpster using the comment as proof that Obama was wrong. They don't really keep up on things, do they?

20/ Update after October's numbers.

Obama: 3/14 to 12/16: 145.443-137.985 = 7.458 million
Trump: 1/17 to 10/19: 151,945-145.695 = 6.250 million

Take off the -501k revision and Trump is at 5.749 million.

So, 30% faster job creation for Obama's last 33 full months vs Trump's 33.

21/ There was a major strike, so we'll see how things play out in the next couple of months, but manufacturing jobs were down for the 2nd month in a row, and down since the end of January. People can see the drop off under Trump recently here:
https://data.bls.gov/timeseries/CES3000000001?output_view=net_1mth

22/ I had one Trumpster tell me that manufacturing jobs are back under Trump. Here is a graph of total manufacturing jobs since the last Bush started in 2001 (Obama in 2009 and Trump in 2016). Does that look to anybody like Trump had a magic wand? Obama was right. Trump didn't.

23/ As the data I provided shows, Trump had a good run for manufacturing jobs. He should get credit for that as much as we credit presidents. However, I don't think these deceptions from Obama haters that Trump has been a savior and brought manufacturing jobs back is an accident.

24/ Update after November's numbers.

Obama: 2/14 to 12/16: 145,443-137,735 = 7.708 million
Trump: 1/17 to 11/19: 152,252-145.695 = 6.557 million

Take off the -501k revision and Trump is at 6.057M.

So, 27% faster job creation for Obama's last 34 full months vs Trump's 34.

25/ Update after December's numbers.

Obama: 1/14 to 12/16: 145,443-137,567 = 7.876 million
Trump: 1/17 to 12/19: 152.383-145.695 = 6.688 million

Take off the -501k revision and Trump is at 6.187M.

So, 27% faster job creation for Obama's last 35 full months vs Trump's 35.

26/ Manufacturing jobs dropped by 12k in December 2019 based on current data. Trump started well for manufacturing jobs, but 2019 was the 2nd worst year for manufacturing jobs since 2009, after the economy crashed under Bush.

Data can be seen here:
https://data.bls.gov/timeseries/CES3000000001?output_view=net_1mth

27/ One good example of how right wing media deceives gullible Americans (many seeming to enjoy being deceived) is the number of Trump supporters who think Obama was wrong in his comments about Trump not having a magic wand. The data shows Obama was right. And Trump wrong: