Jobs, Jobs, Jobs

Isn't it ironic that one of the greatest job producers of the last 35 years was a guy named Jobs?  Apple has 46,600 jobs employees according to the latest public information.  Read an interesting article on the first 10 Apple employees and what they are doing today here.

This graph gives you an idea of job growth in the tech sector since 2008.  Apple has actually increased its workforce from 32,000 to 46,600 since 2008 (a 47% increase in employees).

Against this background we must also look at the abysmal employment numbers that were released today.  Only 54,000 net new jobs were created last month.  Unemployment is back up to 9.1%! Even worse, half of those new jobs were created by one company-McDonald's-according to TheWeekly Standard!  The genius behind McDonald's---Ray Kroc!  Is this a kroc or what?  There really is something to name association when you think about it.

Even more interesting is that McDonald's was one of the high profile companies to receive an Obamacare waiver.  Does this mean that the best way to create jobs is to give every business an Obamacare waiver??

What is very sobering about this month's numbers is it shows just how steep a climb is needed to get out of the economic chasm we are in.  Jonathon Seidl at theblaze.com explains just how bleak the picture looks right now.

Tyler Durden over at Zero Hedge has just published a startling chart that shows how dismal the jobs numbers really are. According to him and his chart, “the simple math indicates that for the US to return to its December 2007 unemployment, when factoring in the natural growth of the labor force of 90k people a month, the economy will need to add 250k jobs a month for the next 66 months.”

This is the chart that Durden prepared.

The jobs picture will continue to be critical as we look to the 2012 elections.  It is going to be a big negative for President Obama if these numbers don't improve significantly. Of course, the Republicans need to find the right candidate.  A good name would help.  Obama has been O-nothing on jobs.  Do we raise Cain about it?  Do we need someone who will insure we all have Pawlenty in our cupboards the next four years?  Will all the Republicans Palin in comparison to Sarah at the end of the day?  Maybe we just need to comMitt to Romney to bring us back to where we need to be.  Of course, Paul could Ryan on everyone's parade if he gets in.  Stay tuned for fun and names!