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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 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 is hovering near three ... would keep the top tax rate individuals pay at 37% compared to 39.6% before it went into effect. ... For more CNN news and newsletters create an ...
The U.S. added 661,000 jobs in the month of September, compared to the 859,000 expected. Though the unemployment rate did tick down to 7.9%, it’s still the worst economic backdrop ahead of an ...
By the start of Biden’s term, the unemployment rate had already fallen to 6.4%. But for much of his presidency, the ongoing strength of the labor market defied expectations.
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 January 2021—the final month of Donald Trump’s presidency—the U.S. Consumer Price Index (CPI) rose by a 1.4 percent annualized rate, compared to 3.2 percent in February 2024 under the ...
News. Science & Tech. Shopping. Sports. ... 15% unemployment," Biden said. In truth, the unemployment rate was 6.4% in January of 2021. It has since fallen to 4%. ... CNN moderators in Biden-Trump ...