OBAMA CONTINUES TO BELIEVE HIS OWN LIES ABOUT JOBS

Why Obama Economy Won't Improve
By Michael Master and Jack Tymann
WorldNetDaily   

Contrary to the assertions of President Obama, the private sector has not produced 2 million jobs since January of 2009 when he was inaugurated. He lied one more time. In January 2009 the Bureau of Labor Statistics, in its Employment Situation News Release, showed that total employment in the United States was at 142.1 million. Of that number, 22.4 million were employed by governments at all levels. Thus, 119.7 million were in the private sector, and the overall unemployment rate was 7.6 percent.

Fast forward to June of 2011; the Employment Situation News Release for that month revealed that total employment was at 139.3 million (a drop of 2.8 million from January 2009). Within the total employment number were 22.1 million government workers at the federal, state and local levels. In summary, there were 117.2 million employed in the private sector, a decline of 2.5 million. The overall unemployment rate was 9.2 percent. The reality is 2.5 million jobs in the private sector have been eliminated since President Obama assumed office.

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