From September 2008 to December 2008, 2.6 million jobs were lost — a rate of 650,000 per month. In January 2009, the month Barack Obama took office, 818,000 jobs were lost.President Obama did not inherit a slowdown or a recession; he inherited a total economic COLLAPSE.There has been uninterrupted monthly job growth since October 2010. In September 2010, there was job growth in the private sector but net job loss due to government layoffs.Currently, we have the lowest initial weekly jobless claims (WJC) since 2000, when the economy was humming at a remarkable rate. The WJC for week ending 10/11/2014 was 266,000 — the lowest WJC since April 2000. Just for reference, the WJC number economists look for is 400,000; that is considered the break even mark between jobs created and jobs lost.Mitt Romney promised to reduce the unemployment rate to 6% by the end of his first term, 2017. It isn’t 2015 yet and the unemployment rate 5.8%.Newt Gingrich promised to get gas $2.50 a gallon. There are places where gas is now below $2.50 a gallon.
@The Life I Draw Upon
From September 2008 to December 2008, 2.6 million jobs were lost — a rate of 650,000 per month. In January 2009, the month Barack Obama took office, 818,000 jobs were lost.President Obama did not inherit a slowdown or a recession; he inherited a total economic COLLAPSE.There has been uninterrupted monthly job growth since October 2010. In September 2010, there was job growth in the private sector but net job loss due to government layoffs.Currently, we have the lowest initial weekly jobless claims (WJC) since 2000, when the economy was humming at a remarkable rate. The WJC for week ending 10/11/2014 was 266,000 — the lowest WJC since April 2000. Just for reference, the WJC number economists look for is 400,000; that is considered the break even mark between jobs created and jobs lost.Mitt Romney promised to reduce the unemployment rate to 6% by the end of his first term, 2017. It isn’t 2015 yet and the unemployment rate 5.8%.Newt Gingrich promised to get gas $2.50 a gallon. There are places where gas is now below $2.50 a gallon.