Politifact: State of the Union address
President Obama’s Claim:"in the last 22 months, businesses have created more than three million jobs. Last year, they created the most jobs since 2005."
According to Politifact Research;
The claim of 3 million jobs over the last 22 months is consistent with the data from the Bureau of Labor Statistics regarding Private Sector Job Growth; actually the number is 3.16 million. The President’s use of the word ‘Businesses’ is technically correct but can be construed as misleading. In fact, if one includes all job growth, including Government jobs, which is not what he said, the 22 month streak is reduced to 15 months.
Depending on the 12 month period used to calculate, the statement that it is the highest one year total since 2005 is consistent with data; which reflects approximately 2.5 million jobs in the Private Sector Job Growth during 2005.
Politifact based their decision on the veracity of the stated numbers as well as the inference his policy initiatives deserved credit for the reversal which Economist’s assert are but one factor.
Politifact Therefore RatesPresident Obama’s claim Mostly True.