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Unemployment rate us economy trump vs obama. 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 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 quick and clean. This stat led to reports of 50 year unemployment lows and profuse presidential self congratulating. In a previous article we looked at unemployment trends over the past 60 years.
Obama s average was 7 44 and trump s as of late march 2020 4 8 the lowest since president johnson. 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 unemployment rate peaked at 10 2 in october 2009 during the recession and 8 7 million jobs were lost from early 2007 and 2010 according.
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