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underpants

(182,788 posts)
Fri Jan 6, 2017, 03:04 PM Jan 2017

Thank you President Obama- JOBS

Last edited Fri Jan 6, 2017, 09:45 PM - Edit history (1)

THE VERDICT: A comprehensive look back at Obama's jobs record

https://news.google.com/news/amp?caurl=https%3A%2F%2Famp.businessinsider.com%2Fobama-jobs-report-labor-market-participation-rate-2017-1#pt0-966620


Since Obama took office in January 2009, the US economy has added 11,250,000 people to total nonfarm payrolls.

This includes a decrease of 354,000 government workers

Obama is roughly in the middle of the pack for recent presidents in raw jobs created.


The unemployment rate has decreased from 7.8% when Obama took over the Oval office to just 4.7% today.


The composition of jobs under Obama has changed.


Wage growth for American workers has bounced back, but has not fully recovered yet.





Overall, Obama took over a jobs market in crisis and ended up growing the labor market better than most of the modern US presidents.

Personal note - I thought W had a net negative jobs record.


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