AUG: +151,000 jobs. Unemployment rate steady at 4.9%. AUG details here!.. Jobs since Obama took office?... Unemp. rate under Obama?

Saturday, September 29, 2012

How Many New Private Sector Jobs Have Been Created Under Obama? (August update with revisions)

How Many New Private Sector Jobs Have Been Created Under Obama?  

How many private sector jobs have been lost or added during Obama's presidency?

Since the "trough" of the recession in late 2009/early 2010:

  • 5,081,000 MORE private sector jobs

Since Bush left office & Obama took office (January 2009):
  • 868,000 MORE private sector jobs

Since the stimulus was passed (# as of March 12, 2009): 
  • 2,380,000 MORE private sector jobs

Since the beginning of Obama's first Fiscal Year (October 2009): 
  • 4,619,000 MORE private sector jobs

Have any private jobs been lost (net) over the past 30 months?


  1. Did everyone hear Mitt Romney where he said if we elect him and let him do this and that...he will create 12 MILLION jobs.!!

    I must have stepped out of the room for Tea and Crumpets, did anyone hear him say what country he was going to create those jobs in.!!

    Was it India.!?

    1. Good question, Anonymous. No President (going back to 1939) has added 12 million jobs per term. Reagan, Clinton, and Carter came close, with additions of 10.5 million to 11.5 million jobs, but still not quite 12 million.

      Since the trough of the recession, we have added 5 million private sector jobs, 4.6 million jobs in total, and that's not too bad considering the depth of the recession that Obama inherited and the constant obstruction of the Republicans.

      Thanks for stopping by and leaving a comment!

    2. Can you quantify the jobs number? The amount of jobs added is of lesser importance than the quality of job,if the jobs are minimum wage or part time in nature and not paying int the Federal coffers this is not good.

      Under the current administration we are seeing the American dream diminished to just a job. As the hope of most Americans is to be productive and rise up to freedom and the independence of a middle class lifestyle free from the government hand out all of the talk of new jobs should be qualified. Do they rise above the 47% government hand out or strangle hold as it were.

      Thank you Molly I would like to know if in fact we are spending our money wisely in our job creation it appears as though we are spending nearly 3million per job using the 2,291,000 real job#.
      thanks for your hard work I am looking forward to your answer.


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