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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 ...
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.
This report exceeded expectations, with the unemployment rate ticking down to 4.1 percent. Economists projected the U.S. to gain 155,000 jobs and hold the jobless… Watch live: Biden to discuss ...
* 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.
Trump job numbers vs. Biden-Harris job numbers ... The unemployment rate was 6.7% at the end of his term, up two percentage points from the start of the term. ... compared to 8.7% at the same ...
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 job market also took a significant hit during Trump’s years, with the unemployment rate skyrocketing to a peak of 14.7% by the end of Trump’s presidency.
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