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The Democratic presidents were in office for a total of 429 months, with 164,000 jobs per month added on average, while the Republicans were in office for 475 months, with a 61,000 jobs added per month average. The table below summarizes the results for the past seven presidents, with data through January 2021 for President Trump: [5]
The CBPP wrote in January 2013: "[December 2012] is the 34th straight month of private-sector job creation, with payrolls growing by 5.3 million jobs (a pace of 157,000 jobs a month) since February 2010; total nonfarm employment (private plus government jobs) has grown by 4.8 million jobs over the same period, or 141,000 a month. Total ...
Job creation refers to the number of net jobs added, which is reported monthly by the Bureau of Labor Statistics. [4] Journalist Glenn Kessler of The Washington Post summarized the total job creation by president from Truman through Trump as of August 2020. For the 13 presidents beginning with Truman, total job creation was about 70.5 million ...
US economy added just 114,000 jobs last month and unemployment rose to 4.3%. What a jarring way to start the month of August. Last month’s job growth was far, far softer than expected, and the ...
Wednesday's release shows the US labor market added fewer jobs than initially reported in the 12-month period ending in March 2024 but economists are wary about reading too much into the release.
The labor force is the actual number of people available for work and is the sum of the employed and the unemployed. The U.S. labor force reached a high of 164.6 million persons in February 2020, just at the start of the COVID-19 pandemic in the United States. [ 1] Before the pandemic, the U.S. labor force had risen each year since 1960 with ...
Dates Duration (months) Annual Employment Growth [2] Annual GDP Growth [3] Description Oct 1945– Nov 1948 37 +5.2% +1.5%: As the United States demobilized from World War II, the decline in government spending caused a brief recession in 1945 and suppressed GDP growth for several years thereafter.
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [ 4] and Puerto Rico [ 5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...