CHART: Bush Vs. Obama On Private And Public Sector Job Creation

This Bureau of Labor Statistics chart speaks for itself. The only
category Bush excelled in was creating government jobs.
http://thinkprogress.org/wp-content/uploads/2012/06/BUSHvOBAMA_jobsREV.png


"By Guest Blogger on Jun 1, 2012 at 6:10 pm

Our guest blogger is Michael Linden, Director for Tax and Budget
Policy at the Center for American Progress Action Fund.

Even with today's disappointing and troubling jobs report, private
sector job creation under President Obama has far exceeded private
sector job creation under President Bush. 40 months into his
presidential term, there are currently more private sector jobs in the
economy than when Obama came into office. At the same point in
President Bush's term, the total number of private sector jobs was
still down 1.7 percent from where it began.

The numbers are even starker when measuring each president's record
from the moment job creation returned. Private sector job creation
returned in February of 2010, the 13th month of President Obama's
term. Since then, the economy has added 4.3 million private sector
jobs, a 4 percent increase.

Under President Bush, the economy stopped shedding private sector jobs
in July of 2003, fully 30 months into his administration. From that
point until May of 2004, the economy added just 1.5 million private
sector jobs, an increase of only 1.4 percent.

But there is one area of job creation where President Bush clearly
outshines President Obama: the public sector. Public sector employment
is now down 608,000 workers since January 2009, a 2.7 percent decline.
At the same point in President Bush's term, public sector employment
was up 3.7 percent. If, over the past 40 months, public sector
employment had grown at the same pace as it did in President Bush's
first term, there would be 1.4 million additional people at work right
now. That'd be enough to bring the unemployment rate down by nearly a
full percentage point."

http://thinkprogress.org/economy/2012/06/01/493849/obama-bush-jobs-record/

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