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Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
In 2003, prior to the significant expansion of subprime lending of 2004-2006, the unemployment rate was close to 6%. [52] The wider measure of unemployment ("U-6") which includes those employed part-time for economic reasons or marginally attached to the labor force rose from 8.4% pre-crisis to a peak of 17.1% in October 2009.
The youth unemployment rate was 18.5% in July 2009, the highest rate in that month since 1948. [192] The unemployment rate of young African Americans was 28.2% in May 2013. [193] The unemployment rate reached an all-time high of 14.7% in April 2020 before falling back to 11.1% in June 2020. Due to the effects of the COVID-19 pandemic, Q2 GDP in ...
The unemployment rate now stands at 9.8 percent, we learned Friday morning and, to quote Claude Raines in Casablanca, the market was shocked -- shocked! -- by the news, at least initially. True ...
The extended federal unemployment benefits were a success during the pandemic. Congress must cement that success in the reconciliation bill. America's unemployment system is broken.
With news of rampant layoffs hitting the headlines seemingly every day, you may wonder just how dire the current unemployment situation really is. The good news is that unemployment is nowhere near...
July 2009 Australian unemployment rate: 5.8% [28] August 2009 Australian unemployment rate: 5.8% [29] September 2009 Australian unemployment rate: 5.7% [30] October 2009 Australian unemployment rate: 5.8% [31] The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work ...
A viral social media post claims some states have high unemployment rates because they’re run by Democratic governors. That is missing context. Fact check: State unemployment rates impacted by ...