The President with the worst average unemployment rate since World War II is?

[Faun]

/-----/ Wait till next month when they quietly lower the numbers like they just did for March.
Employment gains in March, however, were revised lower to show 165,000 jobs were created during the month, 71,000 fewer than previously reported. February's job gains were also revised lower — to 248,000 from 326,000 — making job growth over that two month stretch lower than previously reported by 149,000.
With these revisions, job gains over the last six months have averaged 290,000.

Jobs report: April job reports shocks with 253,000 jobs created, unemployment falls

April's jobs data surprised economists once again, but revisions to reports from February and March suggest the labor market is entering a period of slower growth.

finance.yahoo.com

LOLOL

Yeah, those were horrible months, huh?

Feb: 248,000
Mar: 165,000(P)
Apr: 253,000(P)

You realize anyone above 150,000 is gravy, right?

 

[Cellblock2429]

LOLOL

Yeah, those were horrible months, huh?

Feb: 248,000
Mar: 165,000(P)
Apr: 253,000(P)

You realize anyone above 150,000 is gravy, right?

/-----/ You shut things down for two years, then reopen so you can take credit for filling those lost jobs.
Things are going great. Yeah, the banks are failing, the border is overwhelmed, inflation is too high, and WWIII looks promising, but who's counting?

 

[Faun]

/-----/ You shut things down for two years, then reopen so you can take credit for filling those lost jobs.
Things are going great. Yeah, the banks are failing, the border is overwhelmed, inflation is too high, and WWIII looks promising, but who's counting?

Poor baby. Just because the sky is falling on your head doesn't mean it's falling on everyone's.

 

[Cellblock2429]

Poor baby. Just because the sky is falling on your head doesn't mean it's falling on everyone's.

/----/ No surprise you support the banks failing, the border is overwhelmed, inflation is too high, and WWIII looks promising, but who's counting?

 

[Faun]

/----/ No surprise you support the banks failing, the border is overwhelmed, inflation is too high, and WWIII looks promising, but who's counting?

You should stay hidden in your safe space. There are how many banks? About 4000? How many have failed? About 3?

 

[Cellblock2429]

You should stay hidden in your safe space. There are how many banks? About 4000? How many have failed? About 3?

/——-/ democRATs savagely attacked Bush in 2007 for the banking crisis and the one today is worse. Of course Commie filth give Dementia Joe a pass.

 

[Faun]

/——-/ democRATs savagely attacked Bush in 2007 for the banking crisis and the one today is worse. Of course Commie filth give Dementia Joe a pass.

You're out of your mind to think it's worse now than then. That's what happens when you rely on fake news.

Then, there was a record number of foreclosures. Not now. Then, the nation's second biggest lender filed for bankruptcy. Not now.

 

[Toddsterpatriot]

You're out of your mind to think it's worse now than then. That's what happens when you rely on fake news.

Then, there was a record number of foreclosures. Not now. Then, the nation's second biggest lender filed for bankruptcy. Not now.

The 3 banks that failed this year held more assets than all the banks that failed in
2007, 2008 and 2009 combined.

 

[Cellblock2429]

You're out of your mind to think it's worse now than then. That's what happens when you rely on fake news.

Then, there was a record number of foreclosures. Not now. Then, the nation's second biggest lender filed for bankruptcy. Not now.

/----/ Collectively, the three big banks that have collapsed in 2023 had more assets than all 25 banks that collapsed in 2008 did.

The Banking Collapse Of 2023 Is Now Officially Bigger Than The Banking Collapse Of 2008 | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Faun]

The 3 banks that failed this year held more assets than all the banks that failed in
2007, 2008 and 2009 combined.

In nominal figures?

 

[Toddsterpatriot]

In nominal figures?

Of course.

 

[Faun]

Of course.

So not a fair comparison.

 

[Toddsterpatriot]

So not a fair comparison.

I know, it's only been 4 months.

 

[Faun]

I know, it's only been 4 months.

A meaningless number.

 

[U2Edge]

The monthly unemployment rate for May 2023 was 3.7%. This is the 29th unemployment report with Biden in office, his 29th month recorded for this list. This brings Biden's average unemployment rate for his term in office to date, down from 4.36% in April 2023 to 4.34% in May 2023.

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. Joe Biden: 4.34%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Donald Trump: 5.01%
07. Bill Clinton: 5.20%
08. George W. Bush: 5.27%
09. John Kennedy: 5.98%
10. George H.W. Bush: 6.30%
11. Jimmy Carter: 6.54%
12. Barack Obama: 7.45%
13. Ronald Reagan: 7.54%
14. Gerald Ford: 7.77%

The labor force Participation rate was 62.6% for May 2023, the same as it was for April 2023.

 

[U2Edge]

The monthly unemployment rate for June 2023 was 3.6%. This is the 30th unemployment report with Biden in office, his 30th month recorded for this list. This brings Biden's average unemployment rate for his term in office to date, down from 4.34% in May 2023 to 4.31% in June 2023.

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. Joe Biden: 4.31%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Donald Trump: 5.01%
07. Bill Clinton: 5.20%
08. George W. Bush: 5.27%
09. John Kennedy: 5.98%
10. George H.W. Bush: 6.30%
11. Jimmy Carter: 6.54%
12. Barack Obama: 7.45%
13. Ronald Reagan: 7.54%
14. Gerald Ford: 7.77%

The labor force Participation rate was 62.6% for June 2023, the same as it was for May 2023.

 

[The5thHorseman]

The 3 banks that failed this year held more assets than all the banks that failed in
2007, 2008 and 2009 combined.

Your point being?

 

[Harpy Eagle]

The labor force Participation rate was 62.6% for June 2023, the same as it was for May 2023.

This misses the finer point that the Labor force participation rate for people ages 25 to 54 is the highest since January 2007.

While we do have more retired people, the core working age participation rate is doing well.

 

[Cellblock2429]

LOLOL

Yeah, those were horrible months, huh?

Feb: 248,000
Mar: 165,000(P)
Apr: 253,000(P)

You realize anyone above 150,000 is gravy, right?

/----/ Nope.

June jobs report: US economy added 209,000 jobs in June as labor market cools

The June jobs report reflected a slowdown in the labor market from the prior month.

finance.yahoo.com

The US economy added 209,000 jobs in June, missing Wall Street estimates and reflecting a slowdown from the previous month, data from the Bureau of Labor Statistics showed Friday.
Economists surveyed by Bloomberg had expected that 225,000 nonfarm payroll jobs were added in June. Friday's report marks the first time in 15 months that nonfarm payrolls have come in lower than Wall Street expected.

AND, AS I PREDICTED: Updated data revealed 306,000 jobs were created during May, about 33,000 less than previously reported.

 

[Faun]

/----/ Nope.

June jobs report: US economy added 209,000 jobs in June as labor market cools

The June jobs report reflected a slowdown in the labor market from the prior month.

finance.yahoo.com

The US economy added 209,000 jobs in June, missing Wall Street estimates and reflecting a slowdown from the previous month, data from the Bureau of Labor Statistics showed Friday.
Economists surveyed by Bloomberg had expected that 225,000 nonfarm payroll jobs were added in June. Friday's report marks the first time in 15 months that nonfarm payrolls have come in lower than Wall Street expected.

AND, AS I PREDICTED: Updated data revealed 306,000 jobs were created during May, about 33,000 less than previously reported.

Even at 306K, that's still a better month than 37 out of Trump's 48 months in office.