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Annualized change in non-farm employment over each presidency from 1939 to 2023. Democrats are in blue and Republicans in red. Job growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term
Job creation refers to the number of net jobs added, which is reported monthly by the Bureau of Labor Statistics. [6] In October 2020, Journalist Glenn Kessler of The Washington Post summarized the total job creation by president from Harry S. Truman through Donald Trump as of August 2020. For the 13 presidents beginning with Truman, total job ...
The department's estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000. The revision represented a total downward change of about 0.5% and means ...
US job growth during much of the past year was significantly weaker than initially estimated, according to new data released Wednesday. The Bureau of Labor Statistics’ preliminary annual ...
Dates Duration (months) Annual Employment Growth [2] Annual GDP Growth [3] Description Oct 1945– Nov 1948 37 +5.2% +1.5%: As the United States demobilized from World War II, the decline in government spending caused a brief recession in 1945 and suppressed GDP growth for several years thereafter.
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December. The unemployment rate dipped to 4.1% from 4.2%, wrapping up a year that marked a ...
The CBPP wrote in January 2013: "[December 2012] is the 34th straight month of private-sector job creation, with payrolls growing by 5.3 million jobs (a pace of 157,000 jobs a month) since February 2010; total nonfarm employment (private plus government jobs) has grown by 4.8 million jobs over the same period, or 141,000 a month.
Private employment growth was revised down by 358,000, or 0.3% below what had been previously estimated by the department. Government employment was revised up by 52,000, or 0.2%.