Obama's 'jobs deficit' swells to 4.2 million

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THE ECONOMY 140

Jobs Target: 138.6 million

139 138 137 136

135.1

135.9

135

Jobs Deficit in June: 4.2 million

134 133 132

Actual

131 130

131.7

Total Employment, Actual vs.Targeted, in Millions of Jobs

Obama’s ‘jobs deficit’ swells to 4.2 million President Obama said his economic “stimulus” could create 3.5 million jobs by the end of 2010, putting total U.S. employment at 138.6 million. Compared with the president’s promised growth, his “jobs deficit” continues to deepen— falling short in June by 4.2 million jobs. It’ll take 6.9 million jobs over 18 months to close the gap. Source: Heritage Foundation calculations based on Bureau of Labor Statistics data.

For more on unemployment, visit heritage.org and click on Enterprise & Free Markets.

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