More on Stimulus Job Effects

June 10, 2009

Via HotAir:

“The stimulus bill was signed on February 17; even if we treat all job losses that month as having occurred after it went into effect (which we shouldn’t), we lost 681,000 in February, 652,000 in March, 504,000 in April, and 345,000 in May for a grand total just shy of 2.2 million jobs.”

These numbers are from the Bureau of Labor Statistics – I’m not a conspiracy theorist, but ADP National Employment Report has numbers that are a little more bleak.

Even with the discrepancy with numbers, this is quite the visualization:

He says the table represents 2.5 million jobs – it doesn’t quite add up – of course, the job loss projection quoted above has job creation counted against it as a net loss. The video does not discuss jobs created.


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