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October 20 2011

Harry Reid: Private Sector Jobs "Doing Just Fine"

Hadley Heath

Much to my surprise, and the surprise of all Americans who've been following the employment statistics over the past couple of years, Harry Reid announced yesterday:

"It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about."

First of all, if the creation of more public-sector jobs is what Obama's jobs bill is "all about"  ...I want nothing to do with it.  Not all jobs are created equal.

Secondly, Reid doesn't even have his facts straight.  As Tom Gantert reports for the Mackinac Center for Public Policy:

The private sector has lost 6.3 million jobs, a 5.4 percent drop, since December 2007, while the public sector has only lost 1.8 percent, or 392,000 jobs, in that same time, according to the U.S. Bureau of Labor Statistics. The public sector had 22.3 million jobs in December 2007 and dropped to 21.2 million in September 2011. The private sector had 115.6 million jobs in December 2007 and it dropped to 109.3 million as of September 2011.

Here's a handy graphic illustrating just that, from Mackinac Public Policy Center:

Independent Women’s Forum’s mission is to improve the lives of Americans by increasing the number of women who value free markets and personal liberty. Sister organization of Independent Women’s Voice.
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