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Unemployment rate at start of presidency Unemployment rate at end of presidency Change in unemployment rate during presidency (percentage points) Harry S. Truman (data available for 1948–1953 only) Democratic: 1945–1953 3.4% (for January 1948) 2.9% −0.5 (from January 1948 to January 1953) Dwight D. Eisenhower: Republican: 1953–1961 2.9% ...
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
This unemployment rate was both the highest rate and largest month-over-month increase in the history of Bureau of Labor Statistics data, which dates back to 1948.
The probability of the benchmark federal funds rate remaining at its current target range of 4.25% to 4.5% rose to 91.5% on Friday, up from 84% a day ago, according to the CME FedWatch tool.
On Feb. 4, President Joe Biden took a victory lap when a blockbuster January jobs report defied the White House's own low expectations for that month's employment numbers. Analysts had predicted ...
Job growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. Politicians and pundits frequently refer to the ability of the president of the United States to "create jobs" in the U.S. during his term in office. [1]
Here’s a look at the current state of the economy ... Mark Cuban and Many Other Venture Capitalists Are Supporting Harris for President ... where the unemployment rate was 6.7 percent in July ...