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News Link • Economy - Economics USA

Job Gains and Losses by Job Type: Dec. 2007 to May 31st, 2011

Job Table Notes Data is as of May 31, 2011 2011 comparison is to December 31, 2010 Job gains in 2011 are higher than reported by the BLS. I see no reason to believe the BLS. Since December 2007, the economy has lost 6,318,546 jobs In 2011, the big job gainer is not healthcare but "administration" Healthcare and Education are the two bright spots throughout the recession. The 6.3 million jobs lost since the beginning of 2008 is deceptively low. The Economy should have been gaining 1.8 milling jobs a year, not losing jobs. In other words, the economy is down 10 to 12 million jobs from where it should be.

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