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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's job losses are the worst of any American president on record
https://www.cnn.com/2020/09/04/economy/august-jobs-report-trump-jobs-record/index.htmlNew York (CNN Business)President Donald Trump is heading into the general election with the worst jobs numbers of any president, based on records that go back to World War II.
That's not going to change in the two months between now and Election Day, no matter how the economy does.
The US economy is down 4.7 million jobs since January 2017 when Trump took office, according to the Labor Department.
The August jobs report released Friday showed employers added back about 1.4 million jobs, bringing the unemployment rate to 8.4%. That is still well short of what would be needed to give Trump a positive jobs record by November 3.
The only other President in the last 80 years to own an overall loss in jobs between his inauguration and the following Election Day was George W. Bush in 2004. That was because of the so-called "jobless recovery" after the recession sparked by the dot-com bust. But the loss of 605,000 jobs through September of 2004 was a fraction of the job losses that happened under the Trump administration.
*snip*
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Trump's job losses are the worst of any American president on record (Original Post)
Nevilledog
Sep 2020
OP
underpants
(182,789 posts)1. Worst jobs record of any President. Ever.
Short and simple. Let them ....oh ....yeah but but the virus which opens up THAT can of worms.
Wellstone ruled
(34,661 posts)2. ADP payroll numbers
only cover 20% of the National payrolls. These numbers are plugged into a special Algorithm that was developed back during the Bush/Cheney era.
Statics are interesting,and Calculus Formulas are even more interesting. Algorithms are tweak-able depending on what results you are looking for.
Bottom line,anything coming from Trump's Labor Department is at best questionable since form day one,he said we will help the numbers. Juice.
empedocles
(15,751 posts)3. 'Lies, damned lies, and statistics' - MT
Wellstone ruled
(34,661 posts)4. Richard Nixon was famous for those types of quotes.
empedocles
(15,751 posts)5. MT said it best