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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's First 3 Years Created 1.5 Million Fewer Jobs Than Obama's Last 3
https://www.huffpost.com/entry/trump-obama-jobs-created_n_5e419dc0c5b6bb0ffc169993MANCHESTER, N.H. As President Donald Trump takes the stage at his reelection rally here Monday and boasts of his economic record, there is one statistic he is likely to omit: He created 1.5 million fewer jobs in his first three years in office than predecessor Barack Obama did in his final three.
Newly revised figures from Trumps own Department of Labor show that 6.6 million new jobs were created in the first 36 months of Trumps tenure, compared with 8.1 million in the final 36 months of Obamas ― a decline of 19% under Trump, according to a HuffPost analysis.
Economists say that the slowing of job creation is not surprising. There are fewer empty jobs and fewer unemployed people available to fill them as the economy gets closer to full employment.
Im not a big fan of jobs numbers as a metric of success, said Douglas Holtz-Eakin, once the top economic adviser to the late Arizona Sen. John McCains 2008 presidential campaign. He added, though, that Trumps hyperbole notwithstanding, the performance of the labor market has been nothing short of stunning.
David Rothschild, an economist with Microsoft Research, said Trump is presiding over a decent job market ― the same as his Democratic predecessor did. The economy is basically humming along for the last three years, just as it was for the last year several years of the Obama administration, Rothschild said.
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Trump's First 3 Years Created 1.5 Million Fewer Jobs Than Obama's Last 3 (Original Post)
USALiberal
Feb 2020
OP
Laura PourMeADrink
(42,770 posts)1. Tweeted thanks!
USALiberal
(10,877 posts)2. Love your name!! :-)
Laura PourMeADrink
(42,770 posts)4. Thanks for getting it :). Short sighted on my part
DU used to let us change user names periodically. Never thought I'd have to keep a name forever made up on the day they caught bush drinking beer in China.
USALiberal
(10,877 posts)6. But a great story! nt
Laura PourMeADrink
(42,770 posts)3. Like this graphic too
USALiberal
(10,877 posts)5. WOW!! Shocking how corrupt the GOP is! nt
Victor_c3
(3,557 posts)7. And let's not forget that he has created fewer jobs than Obama, even after that huge tax cut
That supposedly helped corporations to create jobs