April 10, 2013
The most ominous trend in America's employment data is not the number of people who have left the labor force, but the number who are now working either for the government or in the as-yet-still-private sector of the health care industry. Health care has boomed under Obama, according to data published by the Bureau of Labor Statistics.
When Obama was inaugurated in January 2009, there were 13,436,700 jobs in the private health care industry; by this March, there were 14,516,600. Over the past four years, America has created 1,079,900 new jobs in the private-sector health care industry. During the same period, total non-farm jobs have grown from 133,631,000 to 135,195,000 — an increase of 1,564,000. The 1,079,900 new jobs that the health care industry has created over the past four years equals 69 percent of the 1,564,000 non-farm jobs created during the Obama presidency....To Read More....
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