Payroll Employment Up by 1.1 Million in 2010

Source:  Bureau of Labor Statistics

Employees on nonfarm payrolls, total nonfarm industries, annual net change, 2000–10, seasonally adjusted

Year
Net change in employment

2000

1,953,000

2001

-1,762,000

2002

-540,000

2003

87,000

2004

2,047,000

2005

2,496,000

2006

2,060,000

2007

1,078,000

2008

-3,623,000

2009

-4,740,000

2010

1,124,000 (p)

Footnotes:
(p) = preliminary

These data featured in the TED article,

Payroll employment up 1.1 million in 2010.

 

Click on the above link for more information on this subject from the BLS.


By Patricia L Johnson

The United States actually began losing jobs in 2006, when the net change in employment dropped 400,000 from 2.5 million in 2005 to 2.1 million in 2006.  By 2007 jobs created had dropped to  1.1 million.  The very last year President George W. Bush was in office the U.S. lost 3.6 million jobs and policies in place , by Bush, created the basis for the 4.7 million jobs lost during President Obama’s first year in office.

We’re back!  After losing jobs for four consecutive years, the policies put in place during the first year of President Obama’s presidency stopped the hemorrhage  and we actually created 1.1 million jobs in 2010. 

That averages out to 94,000 jobs created each month which is a far cry from what we need to put millions of U.S. citizens back to work, but is definitely a giant step in the right direction.

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