CAP en Español
Small CAP Banner

Private-Sector Jobs Bounce Back Under Obama

But Public-Sector Hemorrhaging Dampens the Picture

SOURCE: AP/ Rick Bowmer

Chris Keltz polishes a tank at JV Northwest in Canby, Oregon. Since bottoming out in early 2010, the country has added back 4.2 million private-sector jobs, and is now into positive territory for President Obama’s term.

    PRINT:
  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

In the first year of President Barack Obama’s term, the country lost about 4.2 million private-sector jobs. But as of last month there are now more private-sector jobs in the United States than there were in January 2009, when President Obama took office. You read that right. Since bottoming out in early 2010, the country has added back 4.2 million private-sector jobs, and is now into positive territory for President Obama’s term.

Unfortunately, the news is not nearly so good when it comes to the public sector, where there are currently 607,000 fewer people working than there were when President Obama took office.

The chart below tells the whole story. Under President Obama, the private sector experienced a relatively robust recovery, and is now back to where it started when he took office. But due in large part to spending cuts at the state and local level, the public sector continues to shed jobs, and as a result, the overall jobs picture in the United States remains weak.

Keep this chart in mind the next time you hear someone rail about “big government” and complain about the slow pace of overall job creation.

To speak with our experts on this topic, please contact:

Print: Allison Preiss (economy, education, poverty)
202.478.6331 or apreiss@americanprogress.org

Print: Tom Caiazza (foreign policy, health care, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or tcaiazza@americanprogress.org

Print: Chelsea Kiene (women's issues, Legal Progress, Half in Ten Education Fund)
202.478.5328 or ckiene@americanprogress.org

Spanish-language and ethnic media: Tanya Arditi (immigration, race and ethnicity)
202.741.6258 or tarditi@americanprogress.org

TV: Rachel Rosen
202.483.2675 or rrosen@americanprogress.org

Radio: Chelsea Kiene
202.478.5328 or ckiene@americanprogress.org