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USALiberal

(10,877 posts)
Mon Feb 10, 2020, 10:17 PM Feb 2020

Trump'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_5e419dc0c5b6bb0ffc169993

MANCHESTER, 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 Trump’s own Department of Labor show that 6.6 million new jobs were created in the first 36 months of Trump’s tenure, compared with 8.1 million in the final 36 months of Obama’s ― 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.

“I’m 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 McCain’s 2008 presidential campaign. He added, though, that Trump’s “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.

More at link
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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
Tweeted thanks! Laura PourMeADrink Feb 2020 #1
Love your name!! :-) USALiberal Feb 2020 #2
Thanks for getting it :). Short sighted on my part Laura PourMeADrink Feb 2020 #4
But a great story! nt USALiberal Feb 2020 #6
Like this graphic too Laura PourMeADrink Feb 2020 #3
WOW!! Shocking how corrupt the GOP is! nt USALiberal Feb 2020 #5
And let's not forget that he has created fewer jobs than Obama, even after that huge tax cut Victor_c3 Feb 2020 #7
Yep! USALiberal Feb 2020 #8
 

Laura PourMeADrink

(42,770 posts)
4. Thanks for getting it :). Short sighted on my part
Mon Feb 10, 2020, 10:39 PM
Feb 2020

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.

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
Tue Feb 11, 2020, 01:32 PM
Feb 2020

That supposedly helped corporations to create jobs

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