There have actually been job losses in the private sector, gains in the public sector, but the net job loss is somewhere around 2.2, 2.3 million people. The private sector job loss number is 3.1 million jobs since the peak of this recession, which was March 2001, shortly after the President took office.
John Spratt: “There have actually been job losses in the private sector, gains in the public sector, but the net job loss is somewhere…”
Editor's note · Context
Discussing job losses in the private sector during a speech on the economy.
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