^ That's extremely counter-intuative. I'm having trouble believing it. Bill Clinton left Bush with his dot.com burst bubble, so Bush inherented a recession. Then 9/11 hit etc. and on the way out Bush had the start of this current recession. So, over his 8 yrs he had a couple of bad periods. But still...
I'm also sceptical of why we need to do all this math with 'jobs lost/gained' etc. Isn't the most obvious way to tell to simply look at the total number of private sector jobs exisitng at the begining of Bush's term and compare that to those at the end of his term?
Is somebody trying to use stats to distort the record to meet his/her political agenda?
Here's some data from the BLS (total jobs by year). Link:
ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
Somebody double-check my understanding etc, but I get a different answer than the author.
Looks like non-gov jobs are split into 2 sections: Goods producing (manufacturing) and services.
1.
Goods producing:
Total Jobs 12/31/2000 (Bush took over early 2001) 131,785,000
Total Jobs 12/31/08 (Obama took over early 2009) 136,790,000
Looks to me like a net increase of just over 5 million jobs for this sector of private jobs.
2.
Service Jobs:
Total Jobs 2000 107,136,000
Total Jobs 2008 115,456,000
A net increase in jobs of over 8 million jobs for this sector.
Total of #1 and #2 above is over 13 million new jobs under Bush.
Somebody pls double-check. In spite of the bad periods under Bush, I think this makes a little more sense, unemployment was never this high during the Bush admin and an awful lot of new people entered the job market over those 8 years. To merely maintain the same level of employment/unemployment some substanial number of new jobs must be created to account for all these new people.
Fern