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Clinton also has the third-lowest unemployment rate, in contrast to his predecessor. ... Inflation was just 1.4% during his years, which is the second lowest. The poverty rate during his years ...
* 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.
263,000 jobs were added to the market in April, and the unemployment rate fell to 3.6%, the lowest jobless claim since December of 1969.
On Feb. 4, President Joe Biden took a victory lap when a blockbuster January jobs report defied the White House's own low expectations for that month's employment numbers. Analysts had predicted ...
Jobless rate at 3.5%, matching a 53-year low. Zero recessions — so far. Zero recessions — so far. $31.38 trillion: The federal debt stood at $27.6 trillion when Biden took office.
The unemployment rate averaged a very low 3.6% in 2023, as it had in 2022; the last year with an average 3.5% unemployment rate was 1969. [26] The number of persons with jobs continued setting records monthly as it had since June 2022 when the pre-pandemic peak was regained, reaching 157.3 million in December 2023.
"You don't have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years," Yellen told ABC's Good Morning America program. ... and the lowest unemployment rate ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.