With all of the talk by the Obama administration of the number of jobs they’ve created, I was surprised by the actual numbers:
Manufacturing has recovered only 21 percent of jobs losses, financial services 11 percent, retail and wholesale trade 25 percent, with construction faring the worst in the private sector, recovering only 1.1 percent of the 1.95 million job lost during the housing bust led recession.
Read the rest and see the charts here.
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How the heck did Mining jobs recover the best, up 225%? Was it due the increased demand for precious metals, or rare elements needed for Apple’s products? (scratches head).
I’m guessing the mining industry has escaped “crucifixion” by the EPA?