Saturday, June 26, 2010

Obama's Bad Job Growth Numbers A Permanent Legacy

Newsweek reports:
It will take 11 million new jobs to get back to where we were before the Great Recession, and absorb new workers coming into the labor force. If we create 200,000 jobs a month, it will take 12 years; at 350,000 jobs a month, four years. In May, the private sector generated 41,000 new jobs.
Imagine that.