Private Jobs Increase More With Democrats in White House -- Public Jobs Rise More With Republicans [View all]

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May 8, 2012

During an election-year clash over which U.S. political party has the best prescription for curing unemployment, Democrats can argue that almost two-thirds of private-sector job growth in the past five decades came with them in the White House.

Democrats hold the edge though they occupied the Oval Office for 23 years since Kennedy’s inauguration, compared with 28 for the Republicans. Through April, Democratic presidents accounted for an average of 150,000 additional private-sector paychecks per month over that period, more than double the 71,000 average for Republicans.

Obama focused his remarks on the improvement at non- government employers. “Our businesses have now created more than 4.2 million new jobs over the last 26 months -- more than 1 million jobs in the last six months alone,” Obama said at a May 4 event in Virginia.

Through April, private employers have added an average of about 900 jobs per month since Obama’s inauguration. During the two terms of his predecessor, Republican George W. Bush, private payrolls shrank by an average of 6,700 jobs per month.


. . . Republicans, campaigning on pledges to cut government spending and programs, had a relatively better record at creating public-sector jobs Since January 1961, federal, state and local government employment grew by 7.1 million under Republican presidents and 6.3 million when Democrats were in the White House. Government agencies added an average of 21,000 jobs per month under Republicans, compared with 22,000 for Democrats.


read more: http://www.bloomberg.com/news/2012-05-08/private-jobs-increase-more-with-democrats-in-white-house.html