“The number of people who applied for U.S. jobless benefits fell 23,000 to 264,000 in the week that ended Oct. 11, hitting the lowest level since April 2000, showing that employers are laying off few workers, according to government data released Thursday,” Marketwatch reports. April 2000 was three months after Pres. Clinton left office. The chart above from the Bureau of Labor Statistics shows that employment never recovered during the six years Republicans controlled the White House and both houses of Congress. The chart also shows that unemployment surged in advance of the financial collapse on Bush’s watch and only began to recover very slowly after the Stimulus kicked in. It’s impossible to say how much more quickly employment might have rebounded if Republicans in Congress and GOP governors hadn’t deliberately stalled the recovery by cutting funding to government services and employment.
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