Obama Trump Unemployment Chart
The quick and clean.
Obama trump unemployment chart. 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. This stat led to reports of 50 year unemployment lows and profuse presidential self congratulating.
According to the bureau of labor statistics president trump decreased unemployment since his inauguration to the lowest levels in 50 years. 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. Here are nine charts tracking the highs and lows of the trump obama and bush economies on key indicators like gross domestic product unemployment wages and the federal debt.
The unemployment rate shows pretty much the same progression from president obama to president trump. The net difference in the same respective time periods shows that president trump added 8 8 million more jobs than obama. Support our journalism.
The unemployment rate started to climb the last two years of president bush s second term. During the great recession the official unemployment rate peaked at 10 0 in october 2009 which was nine months after obama was inaugurated. Obama s average was 7 44 and trump s as of late march 2020 4 8 the lowest since president johnson.
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 chart obama trump us economy in six charts the good news tv show trump charts economy unemployment america graph obama chart rate before showing employment president six trend office during country than production. In a previous article we looked at unemployment trends over the past 60 years.