Obama's 'jobs deficit' swells to 4.2 million
THE ECONOMY
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. 139 138 137 136
135.1
Jobs Target: 138.6 million
135.9
135
Jobs Deficit in June: 4.2 million
134 133 132
Actual
Total Employment, Actual vs.Targeted, in Millions of Jobs
131 130
131.7
D J F M A M J 2008 2009
J A S ON D J F M A M J 2010
J A S O N D
For more on unemployment, visit heritage.org and click on Enterprise & Free Markets. Source: Heritage Foundation calculations based on Bureau of Labor Statistics data.
The Heritage Foundation
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. 139 138 137 136
135.1
Jobs Target: 138.6 million
135.9
135
Jobs Deficit in June: 4.2 million
134 133 132
Actual
Total Employment, Actual vs.Targeted, in Millions of Jobs
131 130
131.7
D J F M A M J 2008 2009
J A S ON D J F M A M J 2010
J A S O N D
For more on unemployment, visit heritage.org and click on Enterprise & Free Markets. Source: Heritage Foundation calculations based on Bureau of Labor Statistics data.
The Heritage Foundation
