Friday, December 6, 2013

Report: Private sector SHRANK in 41 states under Obama

The Daily Caller
December 6, 2013

The Obama administration is painting a much rosier picture of American jobs than the data supports, two researchers claim.
They have been touting their recent study showing that nearly every state has seen its private sector shrink under the Obama administration.
“Our findings show that for many states, the impact of the recession and slow recovery on the private sector has been more severe than the official economic data indicates,” Keith Hall, a senior fellow at the free-market Mercatus Center, told The Daily Caller News Foundation.
Hall and fellow researcher Robert Greene found that 41 states saw their private sectors shrink from 2007 
to 2012. Alabama, Arizona, Florida, Idaho and Nevada have seen the largest contractions in their respective
 private sectors — in 2012, Nevada’s has shrunk 13 percent below 2007 levels.

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