Russ Steele
Using the most recent quarter of stimulus data from Recovery.gov and data from the Bureau of Labor Statistics, Veronique De Rugy made this chart to put the White House job-creation numbers in context. This quarter boasts the largest job-creation claims yet from Recovery.gov: 755,454 temporary jobs. However, this must be taken with the accompanying 2.62 million American jobs that have been lost since the passage of the Recovery Act. More details at the National Review On Line Corner.
Wow! Look the huge jobs loss in California. Why do you think that is the case? Could it be the threat of AB32 and all the other questionable efforts to control CO2 by businesses in California. These existing and pending greenhouse gas regulations puts another layer of uncertainty over that created by Obamacare, when business think about expansion and the creation of new jobs.
Using the most recent quarter of stimulus data from Recovery.gov and data from the Bureau of Labor Statistics, Veronique De Rugy made this chart to put the White House job-creation numbers in context. This quarter boasts the largest job-creation claims yet from Recovery.gov: 755,454 temporary jobs. However, this must be taken with the accompanying 2.62 million American jobs that have been lost since the passage of the Recovery Act. More details at the National Review On Line Corner.
Veronique De Rugy writes:
As you can see, we are far from the millions of jobs promised by Christina Romer and the White House
Wow! Look the huge jobs loss in California. Why do you think that is the case? Could it be the threat of AB32 and all the other questionable efforts to control CO2 by businesses in California. These existing and pending greenhouse gas regulations puts another layer of uncertainty over that created by Obamacare, when business think about expansion and the creation of new jobs.
It is hard to argue with the numbers, unless someone has a better explanation, why the huge disparity between California and the rest of the nation.
Update #1 (08-19-10, 08:00) Fox News reports that new applications for unemployment insurance reached the half-million mark last week for the first time since November. According to the Department of Labor, there were no special factors that distorted the numbers. Therefore, this news is more evidence that employers are cutting jobs again as the economy slows.
Exit Question: Were are all the green jobs that were going to save California's economy?
