Bush Obama Trump Unemployment Rate

The quick and clean.

Bush obama trump unemployment rate. Obama s average was 7 44 and trump s as of late march 2020 4 8 the lowest since president johnson. No prior president has averaged less. In a previous article we looked at unemployment trends over the past 60 years.

A month before bush won his 2004 re election bid his rcp job approval rating was back to earth at 52 8 with 45. The unemployment rate shows pretty much the same progression from president obama to president trump. A commemorative tweet from former president barack obama monday touting the longest streak of job creation in american history on the 11th anniversary of the recovery act was met by an angry.

The unemployment rate hovered between 4 and 6 for most of the bush presidency spiking dramatically during the 2008 09 financial crisis to 7 8 just as he left office in january 2009. This stat led to reports of 50 year unemployment lows and profuse presidential self congratulating. The economy is growing at about the same pace as it did in obama s last years and unemployment while lower under trump has continued a trend that began in 2011.

Unemployment happens when you re over 16 out of a job and searching for one. The unemployment rate started to climb the last two years of president bush s second term. Just to back to the previous three years under president barack obama.

Philip klein of the washington examiner notes since february 2017 trump s first full month in office the monthly unemployment rate has averaged 3 9. Both bush and obama saw their ratings come down as their respective crises abated. You don t have to go back far to find three years of better job growth than has been achieved under president donald trump.

The u 6 rate s high mark was 17 2 two months later. Bush s final year as president 4 million jobs were lost and obama s first year saw the loss of another 4 million.