Obama and his cronies will be hyping the fact that 163,000 jobs were added in July, 2012. What he won’t say is that the unemployment rate was 8.3%. It has been above 8% for 41 straight weeks, a number that he said we would stay under thanks to his stimulus package. He also won’t say that this job growth is not even keeping up with population growth, let alone restoring all of the lost jobs in our country.
We are still down 1.1 million jobs since Obama took office and down 4.1 million from the peak employment under Bush. See below for the history of employment.