Seriously, even this is a flattering graph. Trump’s Growth Recession in 2019 hasn’t had benchmark revisions made to the official numbers beyond last March. Come next year, and the year after that, it is unlikely to hold.
U.S. jobs growth under each U.S. president from Jimmy Carter through Donald Trump, according to the U.S. Bureau of Labor Statistics. CLEVELAND, Ohio – Donald Trump can accurately say the nation has added nearly 6.6 million jobs since he took office. Yet his opponents can be just as correct in saying growth each year has fallen short of what occurred during Barack Obama’s final term. Such is the nature of using monthly jobs reports from the U.S. Bureau of Labor Statistics as a tool to make political hay. There often is enough room for most skilled politicians to work things to their advantage – though the raw jobs count does not address pay, nor does it differentiate between full- and part-time work (someone filling two jobs counts twice in these numbers). But since politicians will be using these numbers, it’s worth a look back to past presidents now that a full three years of data is in the books for Trump. Recent growth While the nation has picked up 6.6 million jobs (4.5%) during the first three years under Trump, it had gained an even stronger 8.1 million jobs (5.9%) during the final three years under Obama. By year, the number of jobs grew 2.2%, 1.8% and 1.72% during Obama’s final three years – with growth slipping some each year – and 1.4%, 1.67% and 1.37% in the first three years under Trump. The chart below shows what the trend looks like since the recession of 2007-09. The U.S. […]