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Big losses and should be holding on? big difference. good to see you as always. thank you, bob pisani, cnbc stocks correspondent. just want to look at a figure we ve got up here. we had jobs losses. this is an interesting number. we don t normally see 500,000 fewer jobs. that is a recalculation of the number of jobs that were created in 2018. it was revised lower. that happens by the way. these jobs numbers go through revisions. take a look at where the revisions came from. 146,000 of those job losses were in the retail sector. remember stephanie and i used to talk about this all year that we were losing more retail jobs per month than there were entire jobs in the coal sector which the president talks about all the time. but retailers don t seem to have a movement of people who say, hey. where are the jobs disappearing? by the way this is because of a lot of the shift to online shopping. business services. a big sector because we are service economy, right? we provide services to ea ....
That i don t think you re going see a lot of jobs losses. going in a jobless recovery from up to 10, that s significant. it s a big move and what the cbo said, i know you ve been debating it the last hour or so, really is that it could cost a million jobs. you couple that with the cbo report last week that obama care is going to reduce jobs by about 2.5 million why would we put policies in place to reduce jobs when the best way for people to climb out of the economic situation they re in is through a good job. and it strikes me at least we ought to be focused on policies that create jobs, grow the economy, expand the economy and the cbo studies both of these two studies have said and you can argue about the translation of it but it was clear what they said yesterday, could cost up to a million jobs. isn t it fascinating two cbo reports come out within a week both talk about costing anywhere from 2 million to 3 million jobs. of course the democrats have gone out and harold, i m sorr ....
Unnecessarily hurt. thousands of teachers and educators will be laid off. tens of thousands of parents will have to deal with finding childcare for their children. hundreds of thousands of americans will lose access to primary care and preventative care like flu vaccinations and cancer screenings. and the longer these cuts are in place, the bigger the impact will become. the impact is clear. but republicans are putting their heads in the sand about how bad it s going to get. do you have a sense of how many jobs will be lost as a result of this xwester? i do not. really, mr. speaker? you re the guy in charge. and you don t know? well, here it is. the congressional budget office says there will be 750,000 job losses. another independent economic group says 700,000 jobs losses. no matter how you slice it, it s ....
Governor romney and stands. we haven t heard the governor come out. and we have to mitt romney is honing in and his popular wife, they re honing in on the economy and actually says that jobs and the economy are among two of the top issues and is not so much focusing on social issues and i want to quote, he wants women to have a bright economic future for them and their kids. what woman doesn t want to bright future for their kids and do you believe that democrats, too often perhaps, focus on the women s right to choose and birth control as you mentioned, abortion and seem to be the issues we often hear democrats talk about, but what about the jobless women that we ve got under this economy right now? i mean, there are, out of the 740,000 jobs losses since obama took office 683 of them were held by women. look, julie, that s exactly what i m asking why is governor romney silent on the fact that one of his leading surrogates, prominent supporters took away equal pay ....
November and then we re looking for 150,000 for december. now a lot of these jobs we re seeing anecdotally, we re seeing from small businesses and the service sector. so keep in mind, some of these jobs being created might be temporary jobs or might be retail or restaurant-related jobs in december. and we always watch this time of year for all kinds of, you know, weather-related. now this is really a political story to you guys. you know that all of the candidates already have a press release ready to go about whatever the job is going to say at 8:30. i want to show you the real fact-check of what has happened with the job situation since the president took office, this is when president obama took office, we were losing 700,000 jobs every single month, january, february, march, april, may, look at all of these jobs losses, this was a really horrible, horrible time for the american economy. and for the american people. and then, you ve got stimulus here, you ve got some census hiring a ....