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Health & Fitness

The Obama Legacy - Week 199

The news media has been telling us about the new jobs created, but not about the existing jobs being lost. These are the number of layoffs, bankruptcies and companies that have gone out of business.

After the election last week, I've had some people tell me that they supported Barack Obama because of all the jobs he has created. It then occurred to me that the news media has been telling us about the new jobs created but not about the existing jobs being lost. In order to provide the other side of the job market equation These are the number of layoffs, bankruptcies and companies that have gone out of business.

This is week 199 of Barack Obama's Presidency

68 Companies announced layoffs

20,996 people were laid off

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80 Companies went out of business

11 Companies went into bankruptcy

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November 2012 (Month to date)

127 Companies announced layoffs

100,255 people were laid off

313 Companies went out of business

41 Companies went into bankruptcy

 

The Obama Legacy - Week 199

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