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The unemployment rate has risen on average under Republican presidents, ... Joe Biden: Democratic: 2021–present 142,669 157,304 (for Dec 2023) 3.31% (CAGR)
The unemployment rate has fallen to even lower levels under Biden than it did for Trump. Unemployment has fallen 2.4 percentage points under Biden’s term so far, while rising 8.5 percentage ...
Richard Nixon (1969-1974) GDP growth: 2.0% Unemployment rate: 5.5% Inflation rate: 10.9% Poverty rate: 12.00% Real disposable income per capita: $19,621 Disposable income per capita (adjusted for ...
Unemployment: Arizona’s unemployment rate is 3.4%, compared to 4.9% in 2019 under former President Trump. Personal income: Arizona’s income increased by 8.4% during the first quarter of 2024 ...
GDP growth, job creation and wage growth remained strong under Biden, with a sustained nearly 50-year-low unemployment rate. Polls, however, indicated broad public discontent with the Biden economy, though data showed consumers continued spending, taking vacations and changing jobs as though they believed the economy was good.
Jobs created during U.S. presidential terms. Politicians and pundits frequently refer to the ability of the president of the United States to "create jobs" in the U.S. during his term in office. [ 1] The numbers are most often seen during the election season or in regard to a president's economic legacy. The numbers typically used and most ...
Trump rejected the legitimacy of the unemployment rate under Biden – as he regularly did before he was elected in 2016 but stopped doing upon entering the White House.
The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [ 40] By August 2023, it reached 3.8 percent.