Private-Sector Jobs Bounce Back Under Obama
But Public-Sector Hemorrhaging Dampens the Picture
SOURCE: AP/ Rick Bowmer
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: Liz Bartolomeo (poverty, health care)
202.481.8151 or email@example.com
Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or firstname.lastname@example.org
Print: Allison Preiss (economy, education)
202.478.6331 or email@example.com
Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or firstname.lastname@example.org
Print: Chelsea Kiene (women's issues, TalkPoverty.org, faith)
202.478.5328 or email@example.com
Print: Benton Strong (Center for American Progress Action Fund)
202.481.8142 or firstname.lastname@example.org
Spanish-language and ethnic media: Jennifer Molina
202.796.9706 or email@example.com
TV: Rachel Rosen
202.483.2675 or firstname.lastname@example.org
Radio: Sally Tucker
202.482.8103 or email@example.com