RoshawnMarkwees
Assimilationist
- Dec 23, 2009
- 35,676
- 15,901
All you need to do is juxtapose energy costs against those ratings and a clear pattern emerges.The monthly unemployment rate for February 2017 was 4.1%. This is the 14th unemployment report with Trump in office, his 14th month recorded for this list. This brings Trump's average unemployment rate for his term in office to date, down from 4.33% in January to 4.31% in February 2018.
The President with the worst average unemployment rate since World War II is?
Gerald Ford: 7.77%
Average Unemployment Rates for US Presidents since after World War II:
01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Donald Trump: 4.31%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Bill Clinton: 5.20%
07. George W. Bush: 5.27%
08. John Kennedy: 5.98%
09. George H.W. Bush: 6.30%
10. Jimmy Carter: 6.54%
11. Barack Obama: 7.45%
12. Ronald Reagan: 7.54%
13. Gerald Ford: 7.77%
There are 36 months left in Trumps first Presidential term, assuming he completes it.
The labor force participation rate is at 63%, up from 62.7% in January 2018.
If 4.1% or lower unemployment continues for the next 6 months Trump will reach #1 on this list with the lowest average unemployment rate ever for a US President. But keeping the unemployment rate this low for the rest of his Presidency will be very difficult. The rate will likely rise which may push his position back down on the list even if he does briefly reach #1 this year.
Not coincidentally, the only time high energy prices were caused by American energy policy was under Obama.