The administration, faced in the past with poor new job numbers, had scrounged around for something of “What If” and “Would be” and “Could be” jargon and had come up with “jobs Saved.”
This was a completely meaningless number. It was imaginary and got circulation only from an ignorant media, that elected to go along with the façade.
Economic research had thrown this thinking aside years ago. If you use actual Bureau of Labor Statistics figures from the government you never arrive at such hocus pocus, arbitrary politicized cant that this had become. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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