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In the 32nd month of Biden’s term (October 2023), unemployment hit 3.8 percent, compared with a 3.6 percent rate at the same point in Trump’s presidential era.
The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That beat the Trump-era low that was a record at the time, 5.3% in August 2019 and ...
On the final day of the Trump presidency, the average 30-year fixed mortgage rate was approximately 2.84 percent. On March 26, 2024, the same rate sat at approximately 6.75 percent. Average Rent
* The COVID-19 pandemic and the Great Resignation had a dramatic influence in statistics presented, including a sharp increase in unemployment rate at the time of changes from Trump to Biden. Annualized change in unemployment rate over each presidency from Truman to Biden, ordered from best-performing to worst-performing economic performance.
The unemployment rate oscillated throughout the year but has remained mostly steady at around 4%. In July, the rate hit its highest level of 2024 — 4.3% — and triggered a closely tracked ...
U.S. employers added a booming 256,000 jobs in December, shrugging off high labor costs, slowing sales and uncertainty about President-elect Donald Trump’s economic policies. The unemployment ...
The unemployment rate now is lower than when Trump left office, but it ticked up in recent months. July’s unemployment rate , the most recent figure available, was 4.3%, the Bureau of Labor ...
What was the unemployment rate under Trump? 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.