Private Sector: No Job Growth in 10 Years

At first blush, I was inclined to call “Bullshit” on this piece from that claims:

Over the past decade, the U.S. private-sector has lost 203,000 jobs.

That’s right: Zero job growth for 10 years.

In the 1940s, we created 10 million jobs. In the 1990s, we added 19 million new jobs. Even during the much-maligned 1970s, we added almost 16 million jobs.

The 2000s might be zero. Some economy, huh?

The government has created 2.1 million jobs over that period — primarily teachers. And, that’s the weakest government job growth in nearly two decades.

I can’t find information on how or why this happened. Over the past 10 years, George W. Bush was in the White House for 8 of the 10 years, so we can’t claim that tax cuts on the rich work. I’m inclined to believe this is the direct cause of heavy taxation on the low and middle classes. For my purposes, $250,000 doesn’t entitle you to be middle class. You’re middle class when you have an income of $60,000-$100,000 annually. And these are the people that think up the jobs that employ 2/3 of our workforce.

Sure hope Obama keeps his promise to not raise taxes on the middle class. If he does, we’re one step closer to becoming wards of the state.

Want to know when stuff like this is published?
Sign up for my email list.

Photo of Justin Harter


Justin has been around the Internet long enough to remember when people started saying “content is king”.

He has worked for some of Indiana’s largest companies, state government, taught college-level courses, and about 1.1M people see his work every year.

You’ll probably see him around Indianapolis on a bicycle.

1 thought on “Private Sector: No Job Growth in 10 Years”

  1. “I can’t find information on how or why this happened.”

    We are supposed to be a powerhouse of innovations…if we did basic research like we used to.

    These time lines:

    are the sorry result of what BW describes in the 1st link. We essentially replaced real innovation by financial and legal “innovation”, hardly a robust engine of *sustainable* growth.

Leave a Comment