Thursday, September 6, 2012

Jobs, anyone?

From Bloomberg:
Private Jobs Increase More With Democrats in White House

The BGOV Barometer shows that since Democrat John F. Kennedy took office in January 1961, non-government payrolls in the U.S. swelled by almost 42 million jobs under Democrats, compared with 24 million for Republican presidents, according to Labor Department figures.

Democrats hold the edge though they occupied the Oval Office for 23 years since Kennedy’s inauguration, compared with 28 for the Republicans. Through April, Democratic presidents accounted for an average of 150,000 additional private-sector paychecks per month over that period, more than double the 71,000 average for Republicans...

Private payrolls grew by 130,000 and, for the first time under President Barack Obama, surpassed the total in January 2009, when he took office. Total employment stayed below January 2009 because there are 607,000 fewer federal, state and local government employees, the Labor Department reported May 4...

Obama focused his remarks on the improvement at non- government employers. “Our businesses have now created more than 4.2 million new jobs over the last 26 months -- more than 1 million jobs in the last six months alone,” Obama said at a May 4 event in Virginia.

Through April, private employers have added an average of about 900 jobs per month since Obama’s inauguration. During the two terms of his predecessor, Republican George W. Bush, private payrolls shrank by an average of 6,700 jobs per month.

On a monthly basis, Democrat Bill Clinton averaged 217,000 new private-sector jobs. Democrat Jimmy Carter had an average of 188,000, followed by Republican Ronald Reagan’s 153,000, according to Labor Department data...

Republicans, campaigning on pledges to cut government spending and programs, had a relatively better record at creating public-sector jobs. Since January 1961, federal, state and local government employment grew by 7.1 million under Republican presidents and 6.3 million when Democrats were in the White House.
Bottom line: You want jobs - vote for Democrats.

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