Green Room

Romney on jobs report: “A sad reminder …”

posted at 9:35 am on November 2, 2012 by

Via Fox News:

“Today’s increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill. The jobless rate is higher than it was when President Obama took office, and there are still 23 million Americans struggling for work. On Tuesday, America will make a choice between stagnation and prosperity. For four years, President Obama’s policies have crushed America’s middle class. For four years, President Obama has told us that things are getting better and that we’re making progress. For too many American families, those words ring hollow. We can do better. We can have real economic growth, create millions of good-paying jobs, and give middle-class families the security and opportunity they deserve. When I’m president, I’m going to make real changes that lead to a real recovery, so that the next four years are better than the last.”

Crunching the latest numbers:

  • With this month’s report, we have added a net 3,2525,000 jobs to the economy in the 41 months since the recovery began in June 2009. That’s an average of 79,317 jobs per month, far below what’s needed to keep up with population growth (~125K per month).
  • In the private sector, we’ve added 3,811,000 jobs, averaging 92,951 jobs per month — still way below what’s needed to keep up with population growth.
  • In 2012 alone, we’ve added 1,569,000 jobs overall, for an average of 156,900 per month.  That’s a better rate than the overall recovery, and it keeps up with population growth — but at that rate, we’d need to go 251 months to recover the 8 million jobs we’ve lost — over 20 years.

A sad reminder, indeed.

Recently in the Green Room:

Blowback

Trackbacks/Pings

Trackback URL

Comments

We need you Mitt

cmsinaz on November 2, 2012 at 9:39 AM

Yes but Obama did so well during sandy so we should re-elect him anyways!

mrscullen on November 2, 2012 at 9:42 AM

“..WASH OFF THE B.O. ON NOVEMBER 6th!”

The War Planner on November 2, 2012 at 11:09 AM

..sorry Ed. That’s the last one of these. I just had to get it off my chest!

The War Planner on November 2, 2012 at 11:09 AM

Time for a little perspective.

cheetah2 on November 2, 2012 at 1:21 PM


HotAir — Politics, Culture, Media, 2017, Breaking News from a conservative viewpoint
Top Pick

Will they stay or will they go?

Top Pick

I can’t imagine what I was thinking when I said that

Rocking the boat majorly

Big government never contracts. It only grows more powerful

It’s only a “ban” until it becomes inconvenient

The decline and fall of Obamacare and the AHCA

Jazz Shaw Jun 24, 2017 8:31 AM

This was all over before it began

Fixing crime in America is a complicated issue

Taylor Millard Jun 23, 2017 8:31 PM

Cops alone won’t solve it.

Victim’s father was President Maduro’s supervisor back when he was a bus driver.

Democrats forgot all about the “era of good feelings”

“Bernie and Jane Sanders have lawyered up.”

“the Judiciary Committee is examining the circumstances surrounding the removal of James Comey.”

Winning isn’t everything. It is the only thing

Trump signs VA reform bill into law

John Sexton Jun 23, 2017 2:41 PM

“What happened was a national disgrace, and yet some of the employees involved in these scandals remained on the payrolls.”

A new era of something.

“…died suddenly in less than a week just after his return to the U.S.”

The shortsightedness of “Denounce and Preserve”

Taylor Millard Jun 23, 2017 12:11 PM

Pragmatism for the sake of pragmatism doesn’t always work.

Perhaps if you threw in a new car?

Gay marriages still growing, but not as fast

Andrew Malcolm Jun 23, 2017 10:31 AM

More, but not as quickly.

Should’ve stuck with the pirate gig. It was working for him

The battle for the rubble of Raqqa is underway

Andrew Malcolm Jun 23, 2017 8:51 AM

Won’t be much left.

Your list of demands is a publicity stunt

“what happened that day was emblematic of a deeply troubling trend among progressives…”

“The jobs are still leaving. Nothing has stopped.”

Bad vendor. Bad! No cookie!

“The Corps is just starting to grapple with the issues the court has identified.”

“So you want me to sing my praises, is that what you’re saying?”

Why would we possibly want that?

“I mean he sold our country to The Russians.”

I could think of someone else you might want to ask about…

“You can ask a hundred people what hate speech is and you get a thousand different answers”

Trump: I never made any recordings of Comey

Allahpundit Jun 22, 2017 2:01 PM

Bluff.

Hackers stole private data from election databases

John Sexton Jun 22, 2017 1:21 PM

“90,000 records stolen by Russian state actors contained drivers license numbers”

Failure to protect the city

Big man on the Middle Eastern campus