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Period of presidency 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
Jimmy Carter (1977-81) GDP growth: 4.6% Unemployment rate: 7.4% Inflation rate: 11.8% Poverty rate: 13% Real disposable income per capita: $21,891 Jimmy Carter served for four years, from 1977 to ...
His presidency had by far the highest GDP growth, more than 1% higher than President Joe Biden thus far. But he also had the highest inflation rate and the third-highest unemployment rate. He is ...
The unemployment rate fell from 4.2% to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.
Arizona. Trump currently leads Biden by six points in the Grand Canyon State. Unemployment: Arizona’s unemployment rate is 3.4%, compared to 4.9% in 2019 under former President Trump. Personal ...
Yet, unemployment has been starting to edge higher under Biden, as the job market catches up to the highest interest rates from the Fed in over two decades. In the 32nd month of Biden’s term ...
First, even when the inflation rate hit its Biden-era peak in June 2022, that 9.1% rate was the highest since 1981 – between 40 and 41 years prior, not “50 years” or “over 50 years” as ...
The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That beat the Trump-era low that was a record at the time, 5.3% in August 2019 and ...