Obama: Since 2010, U.S. has created more jobs than ‘all advanced economies combined’ | PolitiFact

Published January 21, 2015 by wallacedarwin

OBAMA CLAIM THAT WE HAVE PUT MORE PEOPLE BACK TO WORK THAN…COMBINED

http://www.politifact.com/truth-o-meter/statements/2015/jan/21/barack-obama/obama-obama-2010-us-has-created-more-jobs-all-adva/

Our ruling

Obama said, “Since 2010, America has put more people back to work than Europe, Japan, and all advanced economies combined.”

From publicly available data, we know that since 2010, the United States has created more jobs than the 35 other advanced economies combined. However, it’s not as clear cut that this recovery involves putting “more people back to work,” as Obama suggests. The labor force participation rate has consistently declined during this period, suggesting that more and more unemployed Americans are dropping out of the workforce, rather than taking new jobs.

On balance, we rate Obama’s claim Half True.

Excerpted
1/21/15

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