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TomCADem

(17,834 posts)
Sun Feb 9, 2020, 02:23 AM Feb 2020

How Trump's three years of job gains compares with Obama's [View all]

Of course, President Obama took office in the midst of the worse economic crisis since the Great Depression.

https://www.msn.com/en-us/money/markets/how-trumps-three-years-of-job-gains-compares-with-obamas/ar-BBZJapN?ocid=spartanntp

President Donald Trump says he is particularly pleased with the jobs created during his three years in office. "We're producing jobs like you have never seen before in this country," he said during a recent speech in Michigan.

But you don't have to go back far to find three years of better job growth. Just to back to the previous three years under Barack Obama.

During Trump's first 36 months in office, the US economy has gained 6.6 million jobs. But during a comparable 36-month period at the end of Obama's tenure, employers added 8.1 million jobs, or 23% more than what has been added since Trump took office.

The average monthly gain so far under Trump is 182,000 jobs. During the last 36 months under Obama, employers were adding an average of 224,000 jobs a month.
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