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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% ...
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
Unemployment rates in the United States (1950 - 2005). Background colors and dotted lines show the terms of U.S. presidents and their political party affiliation, to give more historical context. Data source: Bureau of Labor Statistics; Chart created by User:Kmf164 on May 10, 2006. Date: 10 May 2006 (original upload date) Source
Richard Nixon (1969-1974) GDP growth: 2.0% Unemployment rate: 5.5% Inflation rate: 10.9% Poverty rate: 12.00% Real disposable income per capita: $19,621 Disposable income per capita (adjusted for ...
The U.S. unemployment rate for the August 2024 was 4.2% with around 7 million Americans unemployed. Trump says Wharton School professors support his economic plan
Elections tend to have themes. If the 2000 presidential election was about education, the 2004 election about national security, the 2008 election about Wall Street and health care reform, then ...
Four of the top five presidents in terms of total jobs added were Democrats. For these 13 presidents beginning with Truman, total job creation was 2.4 times faster under Democrats, 70.5 million for the seven Democratic presidents and 29.1 million for the six Republican presidents.
The U.S. unemployment rate by education level The line chart shows the long-term decline in labor force participation for males of prime-working age (25–54 years), based on educational attainment. [ 36 ]