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It was at 4.7% for December.
When a Republican is president, that is weak and not very good.
What a Democrat is president, that is strong and good.
It's like (bad) kubuki theater.
We now return to your regularly scheduled lamestream media propaganda.
Dec 1, 2016 4.70%
Jan 1, 2016 4.90%
Jan 1, 2015 5.70%
Jan 1, 2014 6.60%
Jan 1, 2013 8.00%
Jan 1, 2012 8.30%
Jan 1, 2011 9.10%
Jan 1, 2010 9.80%
Jan 1, 2009 7.80%
Bush (R)
Jan 1, 2008 5.00%
Jan 1, 2007 4.60%
Jan 1, 2006 4.70%
Jan 1, 2005 5.30%
Jan 1, 2004 5.70%
Jan 1, 2003 5.80%
Jan 1, 2002 5.70%
Jan 1, 2001 4.20%
Clinton (D)
Jan 1, 2000 4.00%
Jan 1, 1999 4.30%
Jan 1, 1998 4.60%
Jan 1, 1997 5.30%
Jan 1, 1996 5.60%
Jan 1, 1995 5.60%
Jan 1, 1994 6.60%
Jan 1, 1993 7.30%
Bush Sr. (R)
Jan 1, 1992 7.30%
Jan 1, 1991 6.40%
Jan 1, 1990 5.40%
Jan 1, 1989 5.40%
Reagan (R)
Jan 1, 1988 5.70%
Jan 1, 1987 6.60%
Jan 1, 1986 6.70%
Jan 1, 1985 7.30%
Jan 1, 1984 8.00%
Jan 1, 1983 10.40%
Jan 1, 1982 8.60%
Jan 1, 1981 7.50%
Carter (D)
Jan 1, 1980 6.30%
Jan 1, 1979 5.90%
Jan 1, 1978 6.40%
Jan 1, 1977 7.50%
Ford (R)
Jan 1, 1976 7.90%
Jan 1, 1975 8.10%
Jan 1, 1974 5.10%
Nixon (R)
Jan 1, 1973 4.90%
Jan 1, 1972 5.80%
Jan 1, 1971 5.90%
Jan 1, 1970 3.90%
Johnson (D)
Jan 1, 1969 3.40%
Jan 1, 1968 3.70%
Jan 1, 1967 3.90%
Jan 1, 1966 4.00%
Jan 1, 1965 4.90%
Jan 1, 1964 5.60%
Jan 1, 1963 5.70%
Kennedy (D)
Jan 1, 1962 5.80%
Jan 1, 1961 6.60%
Eisenhower (R)
Jan 1, 1960 5.20%
Jan 1, 1959 6.00%
Jan 1, 1958 5.80%
Jan 1, 1957 4.20%
Jan 1, 1956 4.00%
Jan 1, 1955 4.90%
Jan 1, 1954 4.90%
Jan 1, 1953 2.90%
Truman (D)
Jan 1, 1952 3.20%
Jan 1, 1951 3.70%
Jan 1, 1950 6.50%
Jan 1, 1949 4.30%
Jan 1, 1948 3.40%
Some Presidents were in office in August rather than January, so it's tough to decide which years belong to which president. You can adjust accordingly though. Based on the information above, with averages included:
Republican Average = 5.88%
Democrat Average = 5.68%
35 entries for each party exactly in 68 years. I'd say that your assertion is not in line with the data. 0.2% is hardly any difference. Neither party performs objectively better, not to mention unemployment is affected by much more than which party the president is affiliated with.
Wolf, I am going to be kind and assume that you just didn't get the point of the thread.
The exact same numbers (in this case, unemployment) can be and are "spun" by the lamestream media to tell two very different stories............depending on which party has the White House.
Now back to your statistics!
Dec 1, 2016 4.70%
Jan 1, 2016 4.90%
Jan 1, 2015 5.70%
Jan 1, 2014 6.60%
Jan 1, 2013 8.00%
Jan 1, 2012 8.30%
Jan 1, 2011 9.10%
Jan 1, 2010 9.80%
Jan 1, 2009 7.80%
Bush (R)
Jan 1, 2008 5.00%
Jan 1, 2007 4.60%
Jan 1, 2006 4.70%
Jan 1, 2005 5.30%
Jan 1, 2004 5.70%
Jan 1, 2003 5.80%
Jan 1, 2002 5.70%
Jan 1, 2001 4.20%
Clinton (D)
Jan 1, 2000 4.00%
Jan 1, 1999 4.30%
Jan 1, 1998 4.60%
Jan 1, 1997 5.30%
Jan 1, 1996 5.60%
Jan 1, 1995 5.60%
Jan 1, 1994 6.60%
Jan 1, 1993 7.30%
Bush Sr. (R)
Jan 1, 1992 7.30%
Jan 1, 1991 6.40%
Jan 1, 1990 5.40%
Jan 1, 1989 5.40%
Reagan (R)
Jan 1, 1988 5.70%
Jan 1, 1987 6.60%
Jan 1, 1986 6.70%
Jan 1, 1985 7.30%
Jan 1, 1984 8.00%
Jan 1, 1983 10.40%
Jan 1, 1982 8.60%
Jan 1, 1981 7.50%
Carter (D)
Jan 1, 1980 6.30%
Jan 1, 1979 5.90%
Jan 1, 1978 6.40%
Jan 1, 1977 7.50%
Ford (R)
Jan 1, 1976 7.90%
Jan 1, 1975 8.10%
Jan 1, 1974 5.10%
Nixon (R)
Jan 1, 1973 4.90%
Jan 1, 1972 5.80%
Jan 1, 1971 5.90%
Jan 1, 1970 3.90%
Johnson (D)
Jan 1, 1969 3.40%
Jan 1, 1968 3.70%
Jan 1, 1967 3.90%
Jan 1, 1966 4.00%
Jan 1, 1965 4.90%
Jan 1, 1964 5.60%
Jan 1, 1963 5.70%
Kennedy (D)
Jan 1, 1962 5.80%
Jan 1, 1961 6.60%
Eisenhower (R)
Jan 1, 1960 5.20%
Jan 1, 1959 6.00%
Jan 1, 1958 5.80%
Jan 1, 1957 4.20%
Jan 1, 1956 4.00%
Jan 1, 1955 4.90%
Jan 1, 1954 4.90%
Jan 1, 1953 2.90%
Truman (D)
Jan 1, 1952 3.20%
Jan 1, 1951 3.70%
Jan 1, 1950 6.50%
Jan 1, 1949 4.30%
Jan 1, 1948 3.40%
Some Presidents were in office in August rather than January, so it's tough to decide which years belong to which president. You can adjust accordingly though. Based on the information above, with averages included:
Republican Average = 5.88%
Democrat Average = 5.68%
35 entries for each party exactly in 68 years. I'd say that your assertion is not in line with the data. 0.2% is hardly any difference. Neither party performs objectively better, not to mention unemployment is affected by much more than which party the president is affiliated with.
*Ahem*
You do know that the President is inaugurated Jan. 20, right? So Jan. 1, 2009 is Bush's, Jan 1, 2000 is Clinton's, etc.
And we should consider the momentum that follows from a prior President: would it be right to blame Obama for 9.8% in 2010 when the economy was in freefall when he took office? Aside from the reallocation that needs to be made to account for inaugural years, I would suggest adding an asterisk to the first real number of a President's time in office as being that President's baseline--measure each President by where the number goes from there.
Which means the following did a good job on jobs:
Truman (D)
LBJ (D)
Nixon (R)
Ford (R)
Reagan (R)
Clinton (D)
Obama (D)
And the following were bad on jobs:
Eisenhower (R)
Carter (D)
Bush Sr. (R)
Bush Jr. (R)
And Kennedy has no data. 4/5 Democrats are good on jobs, 3/6 Republicans are good on jobs.
Dec 1, 2016 4.70%
Jan 1, 2016 4.90%
Jan 1, 2015 5.70%
Jan 1, 2014 6.60%
Jan 1, 2013 8.00%
Jan 1, 2012 8.30%
Jan 1, 2011 9.10%
Jan 1, 2010 9.80%
Jan 1, 2009 7.80%
Bush (R)
Jan 1, 2008 5.00%
Jan 1, 2007 4.60%
Jan 1, 2006 4.70%
Jan 1, 2005 5.30%
Jan 1, 2004 5.70%
Jan 1, 2003 5.80%
Jan 1, 2002 5.70%
Jan 1, 2001 4.20%
Clinton (D)
Jan 1, 2000 4.00%
Jan 1, 1999 4.30%
Jan 1, 1998 4.60%
Jan 1, 1997 5.30%
Jan 1, 1996 5.60%
Jan 1, 1995 5.60%
Jan 1, 1994 6.60%
Jan 1, 1993 7.30%
Bush Sr. (R)
Jan 1, 1992 7.30%
Jan 1, 1991 6.40%
Jan 1, 1990 5.40%
Jan 1, 1989 5.40%
Reagan (R)
Jan 1, 1988 5.70%
Jan 1, 1987 6.60%
Jan 1, 1986 6.70%
Jan 1, 1985 7.30%
Jan 1, 1984 8.00%
Jan 1, 1983 10.40%
Jan 1, 1982 8.60%
Jan 1, 1981 7.50%
Carter (D)
Jan 1, 1980 6.30%
Jan 1, 1979 5.90%
Jan 1, 1978 6.40%
Jan 1, 1977 7.50%
Ford (R)
Jan 1, 1976 7.90%
Jan 1, 1975 8.10%
Jan 1, 1974 5.10%
Nixon (R)
Jan 1, 1973 4.90%
Jan 1, 1972 5.80%
Jan 1, 1971 5.90%
Jan 1, 1970 3.90%
Johnson (D)
Jan 1, 1969 3.40%
Jan 1, 1968 3.70%
Jan 1, 1967 3.90%
Jan 1, 1966 4.00%
Jan 1, 1965 4.90%
Jan 1, 1964 5.60%
Jan 1, 1963 5.70%
Kennedy (D)
Jan 1, 1962 5.80%
Jan 1, 1961 6.60%
Eisenhower (R)
Jan 1, 1960 5.20%
Jan 1, 1959 6.00%
Jan 1, 1958 5.80%
Jan 1, 1957 4.20%
Jan 1, 1956 4.00%
Jan 1, 1955 4.90%
Jan 1, 1954 4.90%
Jan 1, 1953 2.90%
Truman (D)
Jan 1, 1952 3.20%
Jan 1, 1951 3.70%
Jan 1, 1950 6.50%
Jan 1, 1949 4.30%
Jan 1, 1948 3.40%
Some Presidents were in office in August rather than January, so it's tough to decide which years belong to which president. You can adjust accordingly though. Based on the information above, with averages included:
Republican Average = 5.88%
Democrat Average = 5.68%
35 entries for each party exactly in 68 years. I'd say that your assertion is not in line with the data. 0.2% is hardly any difference. Neither party performs objectively better, not to mention unemployment is affected by much more than which party the president is affiliated with.
Very many years ago, when I was young, I learned that most economists then thought a 6% unemployment rate was the "ideal" mode.
Unemployment much over 6% - too much individual misery and an economic drag
Unemployment much less than 6% - a too-hot job market that will lead to wage inflation
Now I could well imagine that the percentage should change as the macroeconomic environment changes - but it seems that over the long term, that 6% number is holding as a norm for the national economy.
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