Graph of the Day for June 30, 2010

"In fact, in the last six months more jobs were created than Bush was able to generate in eight years, Chris. People don't understand that, the economy has recovered."  Rep. Jim Moran (D-VA), June 26, 2010.

"There's no possibility to restore 8 million jobs lost in the Great Recession."  Vice President Joe Biden, June 25, 2010.

Source:  St. Louis Fed/FRED.

Hoven's Index for June 30, 2010

Changes in number of jobs:

In last six months (Nov. 2009 to May 2010):  +873,000

In Bush's eight years (Jan. 2001 to Jan. 2009):  +1,080,000

In Obama's 17 months:  -2,979,000

When Republicans controlled House and Senate, Jan. 95 to Jan. 2001:  +16,107,000

When Congress/Senate were split, Jan. 01 to Jan. 03:  -2,203,000 

When Republicans controlled House and Senate, Jan. 03 to Jan. 07:  +6,801,000

When Democrats controlled House and Senate, Jan. 07 to present (May):  -6,497,000

Since December 2007 (peak):  -7,381,000

Source:  St. Louis Fed/FRED.  (Also see Senate website for party control.)

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