What does this chart tell us? Using April as the baseline, at a creation rate of 200,000 new jobs per month (which is different from "jobs created or saved"), it will take more than 12 years to recover the jobs lost in the current recession, 6 years to recover the jobs lost since Obama took office.
Understand that this is not the whole story.
Our report does not take into consideration population growth. The work force grows at the rate of 160,000 per month.
Obama needs to oversee the growth of 160,000 jobs each and every month, in order to stay "even" with the current job loss circumstance. Add to THAT total another 200,000 jobs per month and we discover the need for the creation of 360,000 jobs per month in order to recover the jobs lost in this recession and to recover them in 12 years. Understand that, again, April marked the only month this year in which we saw 200,000 jobs created.
Point of post: to put into context a 200,000 "jobs created" month. When we learn that 160,000 new jobs are needed each month just to keep up with the growth of the job force, we realize that a "200,000 new job" month represents a net gain of only 40,000 jobs. Without all of the facts, we cannot know when Obama is giving us misleading statistics. We hope that our published efforts here at Midknight Review helps to keep the liberal rhetoric in context. --- jds.
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