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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% ...
Under Carter, the unemployment rate declined from 8.1% when he took office to 5.7% by July 1978, [153] [154] but during the early 1980s recession it returned to its pre-1977 level. [155] The Bureau of Labor Statistics (BLS) measured a 6.6% unemployment rate average during the Carter administration. [ 156 ]
The Port of Texas City, operated by the Port of Texas City / Texas City Terminal Railway, is the eighth-largest port in the United States and the third-largest in Texas, with waterborne tonnage exceeding 78 million net tons. The Texas City Terminal Railway Company provides an important land link to the port, handling over 25,000 carloads per year.
And while both Texas and the U.S. saw around 63.4% of people participating in the labor force before the pandemic, Texas’s labor force participation rate has recovered to 64.2% as of last month.
The Democratic presidents were in office for a total of 429 months, with 164,000 jobs per month added on average, while the Republicans were in office for 475 months, with a 61,000 jobs added per month average. The table below summarizes the results for the past seven presidents, with data through January 2021 for President Trump: [5]
Like the unemployment level, the number of Americans collecting continuing unemployment benefits peaked at 23.1 million in early May 2020, only a few weeks into the pandemic’s initial burst.
President George W. Bush passed the Economic Growth and Tax Relief Reconciliation Act of 2001, President Barack Obama had the American Recovery and Reinvestment Act of 2009, Trump had his Tax Cuts ...
The unemployment rate when Trump took office was 4.7%; when Trump left office, the unemployment rate was 6.3%, [211] which is above the median historical norm (5.6% is the median U.S. unemployment rate for all months since 1948). [212]