Saturday, July 9, 2011

How Many Private Sector Jobs Have Been Created Since 2009 Low?

Private jobs are up 2.1 million since the low in 2009.  But another 6.7 million will be needed to just get back to the total of private sector jobs that existed prior to the start of the December 2007 recession.

Nearly all job loss took place between December 2007 and December 2009, with peak job loss in January 2009.

By January 2010, job loss had stopped.  Private sector job creation of approximately 2 million jobs took place from January 2010 to June 2011.

The private sector accounts for 70% of all jobs in America.

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