With the release of Friday's jobs report -- the last one before the election -- we thought it made sense to update one of our favorite charts comparing Obama's first term vs. George W. Bush's first term, when it comes to jobs. We first saw the one made this summer by Invictus at The Big Picture.

The left side of the chart shows the first Bush years. The right is Obama's.

The red line represents the trajectory of private sector jobs, while the blue and green lines represent the trajectory of state and local government jobs. All are set at 100 to the beginning, just for the sake of normalizing each number to the same point.

As you can see, under Bush's first term, private sector jobs never got to their start point, while public sector jobs soared.

Under Obama private sector jobs have now easily surpassed the level they were when he started, while public sector employment is way down, with no comeback having yet commenced.

SEE ALSO: Now it's time for the truth about this economic recovery >