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/----/ "Even at 306K, that's still a better month than 37 out of Trump's 48 months in office."Even at 306K, that's still a better month than 37 out of Trump's 48 months in office.
Why is the participation rate so low under Poopeypants?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.
/----/ "Even at 306K, that's still a better month than 37 out of Trump's 48 months in office."
And as you well know, it was the Governors who shut down their economies, not Trump, and when he wanted to reopen early, democRAT governors screamed bloody murder. But you are so disingenuous you couldn't admit it wasn't Trump's fault.
Governor Cuomo Signs the 'New York State on PAUSE' Executive Order
Albany, NY Governor Cuomo Signs the 'New York State on PAUSE' Executive Order 10-Point Policy that Assures Uniform Safety for Everyone 100% Closure of Non-Essential Businesses Statewide, Effective 8pm Sunday — Exceptions Made For Essential Services Such as Groceries and Healthcare
Why is the participation rate so low under Poopeypants?
Because so many people are retiring. See post 5358
/-----/ 7 million jobs were created during Trump's presidency until March 2020. Jobs were being added for 94 straight months of which 18 were under Trump. That's another reason Trump had to be removed from office.LOL
OK, exclude tbe covid months. 306K is still better than than 33 of Trump's 37 months prior to covid.
Yes, and 497000 jobs for the last report.
/----/ BTW - Trump's job creation was organic - Dementia Joe's were people just going back to work after the lockdown ended.LOL
OK, exclude tbe covid months. 306K is still better than than 33 of Trump's 37 months prior to covid.
/----/ BTW - Trump's job creation was organic - Dementia Joe's were people just going back to work after the lockdown ended.
Yes, and 497000 jobs for the last report.
/-----/ 7 million jobs were created during Trump's presidency until March 2020. Jobs were being added for 94 straight months of which 18 were under Trump. That's another reason Trump had to be removed from office.
Yup….not only that, but once the job market starts filling up, anyone would expect additional employment would taper off.Even at 306K, that's still a better month than 37 out of Trump's 48 months in office.
ECONOMIC REPORT
The numbers: The U.S. created 209,000 new jobs in June to mark the smallest increase in more than two and a half years, a sign the labor market may be cooling off as rising interest rates gradually weaken the economy.
/——-/ WOWZA - you’re not as stupid as you come across.You mean that streak of job growth that started in 2010, went for much of Obama's last 7 years in office, and then continued into Trump's watch? And now under Biden, we're at 29 consecutive months of job growth.
/——/ Wrong again.We're past the point of people going back to work.
