Tuesday, January 16, 2018
Business

PolitiFact: Shot at Obama over men's job gains misses mark

The statement

"Of all the jobs President Obama claims to have created since he started, only 38.5 percent are women. So 61.5 percent have gone to men."

Eric Bolling, April 8 on Fox News' The Five

The ruling

We turned to data from the Bureau of Labor Statistics, the federal office that calculates employment data.

We looked at the gender breakdowns for the increase in employed Americans between January 2009, when Obama took office, and March 2014, the most recent month for which data is available.

By the numbers, Bolling was on the mark. During that period, the number of men holding jobs increased by a little more than 2.2 million, while the number of women holding jobs rose by a bit less than 1.4 million. So 61 percent of the increase in employment during that period was accounted for by men.

We also checked the period between July 2009 — the official end of the last recession — and March 2014. We found that the men's share of added jobs was even higher for this period, at 65 percent.

We also confirmed that this proportion of men isn't just simply a reflection of the overall gender makeup of employment in the United States. Over the period we were looking at, the universe of employed Americans has broken down pretty consistently — 53 percent men, 47 percent women. So for 61 percent of job gains to go to men is a disproportionate share.

Now, there is an explanation for the male-centric nature of job creation during the recovery, and it doesn't have much, if anything, to do with Obama.

Put simply, the recession was a "man-cession" — meaning that men were hit disproportionately. And given that, it's not surprising at all that the recovery has been something of a "man-covery."

During the recession — from December 2007 to July 2009 — the number of men working fell by almost 4.7 million, but the number of women working fell by a much smaller number, about 1.7 million.

In other words, during the recession, 74 percent of the job losses came from jobs held by men. And the fact that men are now getting 61 percent of the newly created jobs means they're actually not even regaining jobs at a rate high enough to wipe out the losses they suffered during the recession.

So Bolling is right on the numbers, but as a shot against Obama, the claim rings somewhat hollow. The male tilt to job gains during Obama's presidency follows a strong pattern of male job losses in the months of the recession before Obama took office.

The claim is partially accurate but leaves out important details or takes things out of context. So we rate it Half True.

Edited for print. Read the full version at PunditFact.com.

Comments
Career Q&A: What to do when your boss is stealing

Career Q&A: What to do when your boss is stealing

Q: I strongly suspect that my boss is stealing from our employer. As the property manager for this apartment complex, she handles all payments, deposits and other financial matters.A few weeks ago, I accidentally discovered some suspicious discrepanc...
Updated: 5 hours ago
Pinellas is at the center of a rise in Florida flu outbreaks

Pinellas is at the center of a rise in Florida flu outbreaks

Feeling a little sniffly or scratchy or stuffed up? It may be the flu, and you donít want to wait around to see a doctor this year. This is not the time to write off flu-like symptoms, Tampa Bay area health officials and doctors warn. The influenza v...
Updated: 8 hours ago
Italian Butterfingers? Nestle selling candy business for $2.9B

Italian Butterfingers? Nestle selling candy business for $2.9B

Associated PressNEW YORK ó Swiss food and drink giant Nestle is selling its U.S. candy business to Italyís Ferrero for about $2.9 billion in cash. Ferrero will take over iconic chocolate brands Butterfinger and Crunch bars, as well as the sugary Nerd...
Updated: 8 hours ago
23 seek vacant PSC post

23 seek vacant PSC post

There is another Mariano seeking a job in Tallahassee.Pasco County Commissioner Jack Mariano, the father of state Rep. Amber Mariano, R-Hudson, is seeking an appointment to the Florida Public Service Commission, the powerful board regulating Florida ...
Updated: 9 hours ago
St. Petersburg’s apartment boom is spreading west

St. Petersburg’s apartment boom is spreading west

ST. PETERSBURG — Still more apartments are coming to St. Petersburg, this time to the Edge and Grand Central Districts just west of downtown. The new projects, all by out-of-state developers and more moderately priced than those downtown, will...
Updated: 10 hours ago
Florida raises insurance regulation grade from C to B

Florida raises insurance regulation grade from C to B

When it comes to regulating insurance, Florida is slowly improving. The Sunshine State raised its grade from a C in 2016 to a B in 2017 on the "R Street 2017 Insurance Regulation Report Card." It ranked No. 15 among all states.The annual report, writ...
Updated: 10 hours ago

US travel industry launches plan to reverse tourism decline

Associated PressNEW YORK ó Travel industry representatives sounded an alarm Tuesday over declines in international tourism to the U.S. and announced plans to reverse the trend. Organizers of the new Visit U.S. Coalition portrayed the decline as long-...
Updated: 10 hours ago
Raymond James advice for small to mid-sized companies about activist shareholders? Prepare and listen

Raymond James advice for small to mid-sized companies about activist shareholders? Prepare and listen

Shareholder fights between activist investors and publicly traded companies are getting nastier, especially in some industries, and a lot of them donít involve corporate giants like General Motors and Procter & Gamble.In 2015, according to Raymond Ja...
Published: 01/16/18
Dow bursts through 26,000 in record seven trading days

Dow bursts through 26,000 in record seven trading days

The Dow Jones industrial average blew past 26,000 Tuesday for the first time ever, coming only a week after hitting 25,000 and showing further evidence that the long-running bull market is alive and well."There are several reasons for markets to melt...
Published: 01/16/18
Arizona-based AFI Mortgage opens St. Petersburg branch

Arizona-based AFI Mortgage opens St. Petersburg branch

Times StaffAFI Mortgage, a subsidiary of an Arizona-based bank, is opening its first Florida locations in St. Petersburg and Lakeland. Its parent company, AmeriFirst Financial Inc., specializes in mortgages. "This Florida team is innovative, knowledg...
Published: 01/16/18