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According to Bureau of Labor Statistics, unemployment during Trump's presidency peaked in April 2020 at 14.8%, heavily due to the COVID-19 pandemic. The rate was the highest of any month since the ...
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% ...
The highest deficit in recent years was $418 billion, in 2018, when Trump began a trade war with China. ... the Black unemployment rate fell to 4.8% in April 2023 — an all-time low. Before that ...
The record unemployment rate reported on Friday captured the pain of a nation where tens of millions of jobs suddenly vanished, devastating the economy and forcing President Donald Trump to ...
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.
The unemployment rate sat at 3.5% in February 2020 but jumped to 14.8% during the pandemic. The unemployment rate now is lower than when Trump left office, but it ticked up in recent months.
Adjusted for inflation, the 2018 average growth rate for such workers was 0.5%, the highest rate since 2016, when real wages rose 1.2%. However, real wage growth was lower during both of Trump's first two years in office than during the preceding four years. [235]
More than 857,000 workers filed initial jobless claims at the state level last week, the Labor Department announced Thursday, and another 839,000 filed first-time claims in the federal Pandemic ...