"Here is an embiggened version of the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009 (and now updated again by me with data from the August jobs report)."
"The fates of the American economy and the presidency of Barack Obama are inextricably linked, and both of them hit a bump in April. The economy added 252,000 jobs each month between December and February, but that rate seems to be slowing. Payrolls rose by just 154,000 in March and by only 115,000 in April. Unemployment dropped in April, from 8.2% to 8.1%, but for the wrong reason: an exodus of some 342,000 workers from the labour force, as people gave up looking for work. On May 8th Mr Obama sent Congress a 'to-do list', asking it for tax incentives and mortgage refinancing in the hope of boosting private job creation. Yet for much of the past two years the biggest source of job losses has been the public sector."
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