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Politics : Formerly About Advanced Micro Devices

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To: puborectalis who wrote (650653)4/7/2012 12:27:49 PM
From: tejek  Read Replies (1) of 1580037
 
The American economy only has to add another 740,000 jobs to get back to where it was in January 2009, when the president was sworn in.

At the rate companies are currently hiring, that could happen in about six months -- just in time for the election.

It's simple math: 4.32 million jobs were lost in the first 13 months of Obama's presidency.

Since he took office, 3.58 million have been added back. That means, he needs 740,000 more jobs before the end of the year to get back to square one.

And its not the anemic employment gains we saw under Bush that did not have a strong foundation. Industry got real lean during the recession.......overly lean. A strong foundation was created........and now we are building on that foundation.

Right now, that goal is still within reach, even in spite of slower hiring in March. U.S. employers added 120,000 jobs in the month.


Its a temporary lull. March is a big month for employment. Normally employment picks up as we come out of winter. However most parts of this country did not have a winter so employment gains normally reserved for March happened in Jan and Feb. In fact, I bet we see a big April.
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