When the monthly jobs report comes out and it says 4.9% unemployment, everyone should remember there is more to the story.
For example, between Bush & Obama there are over 12 million jobs lost; Hoover lost 6.4 million. Hoover’s was the Great Depression; Bush & Obama call it a recession.
With that in mind, the New Deal Progressives (NDP) has created The Presidential Scorecard© in March 2016 which will compare the current and historical performance for different aspects of U.S. presidents.
TRUMAN TO OBAMA: THE PRESIDENTIAL SCORECARD©
|President||YEARS||JOBS CREATED||JOBS LOST||NET JOBS||AVERAGE U-3||AVERAGE LABOR PARTICIPATION RATE||NOT IN LABOR FORCE AT END OF TERM||AVERAGE DISCOURAGED WORKERS||AVERAGE MARGINALLY ATTACHED WORKERS|
|TRUMAN||1949 - 1952||+8,357,000||-3,222,000||+5,135,000||4.4%|
|EISENHOWER||1953 - 1960||+10,142,000||-6,562,000||+3,580,000||4.9%|
|JFK / LBJ||1961 - 1964||+6,067,000||-390,000||+5,677,000||5.8%|
|LBJ||1965 - 1968||+9,983,000||-158,000||+9,825,000||3.9%|
|NIXON||1969 - 1972||+7,404,000||-1,380,000||+6,024,000||5.0%|
|NIXON / FORD||1972 -1976||+7,473,000||-2,295,000||+5,178,000||6.7%|
|CARTER||1977 - 1980||+11,714,000||-1,219,000||+10,495,000||6.5%||63.2%||61,531,000|
|REAGAN||1981 - 1988||+19,273,000||-3,310,000||+15,963,000||7.5%||64.7%||62,780,000|
|GHW BUSH||1989 - 1992||+4,372,000||-1,782,000||+2,590,000||6.3%||66.4%||65.780,000|
|CLINTON||1993 - 2000||+23,420,000||-185,000||+23,235,000||5.2%||66.8%||70,488,000||359,000||8.8%|
|GW BUSH||2001 - 2008||+8,702,000||-6,589,000||+2,113,000||5.3%||66.2%||80,380,000||408,000||9.2%|
|OBAMA||2009 - 2015 (so far)||+13,730,000||-5,428,000||+8,302,000||7.8%||63.8%||94,103,000||873,000||14.3%|
|Source: BLS JOBS||Source: BLS U-3||Source: BLS LABOR PARTICIPATION RATE||Source: BLS NOT IN LABOR FORCE||Source: BLS DISCOURAGED WORKERS||Source: BLS MARGINALLY ATTACHED WORKERS|
The rest of the story (along with the BLS detailed, summarized, and averaged data sources), is here.