About 8 million private jobs
Administration’s claim
The President said that since he took office employment had grown by 10 percent and about 8 million productive private-sector jobs had been added.
What the record establishes
In current BLS payroll estimates, private-sector employment rose from 65.6 million in January 1977 to 74.6 million in December 1980 (+8.9 million; +9.0 million to January 1981), slightly above the record's figure. Total nonfarm employment rose 12.8% from January 1977 to January 1981; the record's 10 percent may use a different measure, which was not identified.