Mitt Romney says US should be adding 500K jobs a month which has only happened 4 times in 50 years

The American economy added 115,000 jobs in April, and while that number fell well short of expectations, it represents the 26th consecutive month of private sector job growth.  Remember, when President Obama took office the country was losing 800,000 jobs a month.  While disappointing, we are at least not losing jobs today.

Republican presidential nominee Mitt Romney appeared on Fox & Friends minutes after the release of the report to say that the economy should be growing at a much faster pace. The economy should be adding more than 500,000 jobs a month, Romney said:

ROMNEY: We should be seeing numbers in the 500,000 jobs created per month. This is way, way off from what should happen in a normal recovery.

Romney’s call for 500,000 jobs a month would certainly make for a faster economic recovery. I’d love to see it happen.

However, that sort of growth is hardly “normal,” as Romney claims.

There have only been 16 months since 1939 — and only four in the last 50 years — in which the economy added 500,000 jobs or more.

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