Friday, November 02, 2012

Job Growth Continuing under Obama

See the link below for a graph of all job growth/decline. It shows a trend of increasing jobs, but somewhat lower because of loss of government jobs. Of course, the conservatives say we should have fewer government jobs, so that should make them happy.

http://maddowblog.msnbc.com/_news/2012/11/02/14879550-us-job-growth-accelerates-exceeds-expectations?lite

By Steve Benen
Fri Nov 2, 2012

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The U.S. economy created 171,000 jobs in October, far more than expected, while American businesses created 184,000 jobs -- the best month for the private sector since February.

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For context, I'd note that so far in 2012 (which still has two months to go), the economy has created over 1.56 million jobs, which is already better than five of the eight years of the Bush/Cheney era.

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Here's another chart, this one showing monthly job losses/gains in just the private sector since the start of the Great Recession.



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