Investor’s Business Daily editorial — Exploring The Obama Jobs Deficit

So why is unemployment so much higher now? A dearth of job creation. Through the first two quarters of 2009, the economy created just 40 million jobs vs. the 47 million it created two quarters into the 2001 recession. Now, eight months into a recovery, the economy still isn’t adding positions. In fact, it has lost an additional 1.1 million jobs – including 36,000 last month – despite a rebound in gross domestic product growth.

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