Growth in Jobs
Since World War 2, Democratic Presidents have created 56 million more jobs than Republican Presidents, and jobs have grown more than twice as fast under Democrats than under Republicans
· Total jobs created under Democratic Presidents: 87,825,000
· Total jobs created under Republican Presidents: 31,869,00
· Average yearly growth in jobs under Democratic Presidents: 2,251,923
· Average yearly growth in jobs under Republican Presidents: 796,725
· Average yearly percent growth in jobs under Democratic Presidents: 2.91%
· Average yearly percent growth in jobs under Republican Presidents: 1.04%
Growth Rates of the Civilian Labor Force by Presidential Administration
|
Administration |
Total Jobs Created |
Avg growth per year* |
Years |
Average % Growth |
|
Truman |
11,095,000 |
1,585,000 |
7 |
4.04 |
|
Eisenhower |
3,218,000 |
402,250 |
8 |
0.8 |
|
Kennedy |
4,196,000 |
1,398,667 |
3 |
2.61 |
|
Johnson |
11,946,000 |
2,389,200 |
5 |
4.14 |
|
Nixon |
7,219,000 |
1,203,167 |
6 |
1.73 |
|
Ford |
4,070,000 |
2,035,000 |
2 |
2.65 |
|
Carter |
10,117,000 |
2,529,250 |
4 |
3.12 |
|
Reagan |
16,322,000 |
2,040,250 |
8 |
2.24 |
|
Bush |
2,917,000 |
729,250 |
4 |
0.68 |
|
Clinton |
22,742,000 |
2,842,750 |
8 |
2.58 |
|
Bush II |
528,000 |
66,000 |
8 |
0.05 |
|
Obama |
12,534,000 |
1,566,750 |
8 |
1.18 |
|
Trump |
-2,405,000 |
-601,250 |
4 |
-0.41 |
|
Biden |
15,195,000 |
5,065,000 |
4 |
3.53 |
· Source: http://www.bls.gov/; Total Nonfarm Payroll Employment, Series ID: CES0000000001
AO 08/24