Ups & Downs of Oil
I thought this was interesting...today Ed Schultz pointed out that in July 2008 the private sector only created 9,000 net new jobs. That was the month during the Bush administration when gas reached it's highest price levels.
So, I would say that the 83,000 produced in May 2011 certainly doesn't look so bad in comparison.
(You can read J. Marquis daily at: Major Conflict)