Bush caused a 5.2 million job gap

USWA: The job-loss recovery under the Bush administration has caused a 5.2 million "job gap" that the Federal Reserve Bank of Boston says will not likely be filled unless the economy begins creating at least 350,00 new jobs every month between now and January 2006.
The study also estimates that 7.3 million jobs will need to be created in order to eliminate the job gap by January 2006 and at the same time accommodate projected growth in the labor force between now and then. Of the 350,000 new jobs per month required to overcome the job gap, nearly 150,000 is needed just to accommodate growth of the labor force. The Bureau of Employment Statistics reported that only 112,000 jobs were created in June.