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Republicans 24 million, Democrats 42 million." Commenting on his statement, The Economist reported that the difference increased by 5 million thereafter under Barack Obama by 2014. [2] From April 1945 to August 2023, of the 115 million net jobs added, 83 million (72%) were under Democrats and 32 million (28%) were under Republicans. [8]
For example, for President Obama, the computation takes the 145.815 million jobs of February 2017 and subtracts the 133.312 million jobs of February 2009 to arrive at the 12.503 million figure. Four of the top five presidents in terms of total jobs added were Democrats.
U.S. real GDP growth under Trump was substantially below that achieved by other presidents. [240] Trump presided over the slowest economic growth of any U.S. president since the Second World War, partly due to the COVID-19 pandemic that triggered a brief recession and a 2.2% decline in real GDP growth in his last year.
(Bloomberg Opinion) -- Joe Biden has argued that President Donald Trump didn’t so much build a strong economy as inherit one. It’s good line — but it ignores the successes, at least before ...
Under Obama, from 2013 through 2016, real GDP growth averaged 2.5% per quarter. Under Trump, during the three years before COVID hit, it averaged 2.8%. Including COVID, GDP growth under Trump ...
By many measures, America’s job market looks to be in good shape: In January, unemployment was at a historically low 4% as employers continued the second-longest streak of job growth in US ...
GDP growth was lowest under Trump and Obama.Benzinga's Take: The stock market is a leading economic indicator, and the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 19.8% in the last six months.That ...
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.