Romney’s 500,000 Monthly Jobs in U.S. Anything But Normal
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Republican presidential candidate Mitt Romney set a tough economic benchmark when he said last week that U.S. payroll growth of 500,000 jobs a month should be “normal” in a recovery.
The BGOV Barometer shows job creation has reached that level only 10 times since 1950, or about once every six years, according to Labor Department figures. Those gains typically can be traced to special circumstances such as the end of strikes, census hiring and military mobilizations.