Obama Economy Has Created Jobs as Payroll Revisions Raise Count
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More jobs have now been created than lost since President Barack Obama took office, preliminary revisions to the U.S. payroll count showed.
The number of jobs created in the year ended in March was revised upward by 386,000, the Labor Department said in Washington yesterday. If that estimate is confirmed in the final report, it would wipe out the 261,000 employment deficit spanning January 2009 to last month that is currently on the books and mean the U.S. has created a net 125,000 jobs since Obama was inaugurated.