Barack Obama's Record on Jobs
After taking office, President Obama signed the Recovery Act to help get our economy back on track. As a result:
- The U.S. has seen 22 consecutive months of private-sector job growth.
- The private sector added more than 3.1 million jobs over those 22 months.
- Manufacturing added 334,000 jobs in the last two years, the first time since 1997 that manufacturing employment rose.
- A payroll tax cut for all working families, providing the average working family with a $1,000 tax cut in 2011
- Expansion of small business loan programs to help small businesses access credit and create jobs
- Initiatives to help veterans transition to post-service careers
- Tax incentives for businesses that hire unemployed veterans
- Saving more than 1.4 million American jobs
- Preventing personal income losses over two years of more than $96 billion
- Helping make the big three (Chrysler, GM, and Ford) all profitable for the first time in years

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