Is Obama A Job Creator? New Analysis Says Yes

Barack Obama is a job creator, new figures released by the Labor Department show.

One of the key Republican talking points in the 2012 presidential election is that President Obama has failed to create jobs, something Mitt Romney knows how to do through his background in private business. But the new analysis shows that this claim may have no legs.

As CNNMoney.com notes:

“In the year following Obama’s inauguration, the U.S. economy lost about 4.3 million jobs. But new figures released Thursday show 4.4 million jobs have been added back since then.”

“Here’s how it happened: Since early 2010, jobs have slowly been trickling back, particularly in professional services, health care and manufacturing. As of August, the Labor Department had indicated about 4 million jobs had been recovered overall.”

The new data leads to government to believe that it under-counted jobs in 2011 by as much as 386,000, the report said. If correct, it would mean that 4.4 million jobs have been created since 2010, enough to account for those lost and make Obama a job creator.

Those figures are in flux, the report noted, and data can change over time. Still, it points a picture of Obama as a job creator that defies Republican stereotypes of the president.

New York Magazine pointed out that it is only by the smallest of margins that Obama is a job creator, but it’s a positive net growth in jobs and that’s all that matters. Obama can now counter Mitt Romney’s claims, made in the last few weeks, that the president “hasn’t created one single net new job since he’s been president.”

The claim was repeated by pundits like Brady Cremeens at The Right Sphere, who wrote that Democrats are using “a dizzying display of political hocus pocus,” to make Americans think Obama’s a wizard at creating jobs and that Americans are better off for his actions. Cremeens said this is “a lie.”

But the Obama job creator report now puts to bed all of those claims.