bripat9643
Diamond Member
- Apr 1, 2011
- 170,164
- 47,312
Starting at the bottom of a recession is the best possible place for a president to start his term. The only way for the economy to go is up.So Obama sucked?......The monthly unemployment rate for December 2018 was 3.9%. This is the 24th unemployment report with Trump in office, his 24th month recorded for this list. This brings Trump's average unemployment rate for his term in office to date, down from 4.14% in November 2018 to 4.12% in December 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. Donald Trump: 4.12%
02. Lyndon Johnson: 4.19%
03. Harry Truman: 4.26%
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 24 months left in Trumps first Presidential term, assuming he completes it.
The labor force participation rate is at 63.1% for December 2018, up from 62.9% in November 2018.
Obama started with two months with over 800,000 monthly job loses in the midst of the Bush Recession.