The President with the worst average unemployment rate since World War II is?
Barrack Obama: 8.86%
Average Unemployment Rates For US Presidents since World War II:
01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Gerald Ford: 7.77%
12. Barack Obama: 8.86%
1. BULLSHIT. Unemployment by year:
- 2009: 9.3 percent.
- 2010: 9.6 percent.
- 2011: 8.9 percent.
- 2012: 8.1 percent.
- 2013: 7.4 percent.
- 2014: 6.2 percent.
- 2015: 5.3 percent.
- 2016: 4.9 percent.
Average of 7.5%
United States Unemployment Rates by President, 1948-2016
2. It's true, Obama is a total asshole for starting Great Recession.
The 8.86% figure is from an earlier point in his Presidency. This list gets updated in this thread sometimes every month. The current list is here:
Average Unemployment Rates for US Presidents since after World War II:
01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Donald Trump: 4.52%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Bill Clinton: 5.20%
07. George W. Bush: 5.27%
08. John Kennedy: 5.98%
09. George H.W. Bush: 6.30%
10. Jimmy Carter: 6.54%
11. Barack Obama: 7.45%
12. Ronald Reagan: 7.54%
13. Gerald Ford: 7.77%
It is based on the MONTHLY unemployment rate.
I see you corrected the previous rate you posted, but you must realize the average is actually meaningless, unless you also post the change in unemployment rate.
For example, someone who inherits 4% unemployment, and leaves with 8% unemployment can have an average unemployment rate of 6%
Somebody else inherits 8% unemployment, and leaves with 4%, also can have an average unemployment rate of 6%.
But one doubled unemployment, while the other cut unemployment in half. But the average doesn't tell you that.
1. A President may leave with 8% unemployement, but that rise in unemployment may have only been seen in the last months in office and is not reflective of 90% of their time in office.
2. Also, as always with economics, the fault for a rise or fall in unemployment is not always clear. It could be do to Presidential policy, or something beyond the governments control, or a combination of both.
3. The only fair way to totally compare Presidential Administrations time in office to other Presidents is to look at ALL the data for every month during the time involved and average it. That is the only accurate and objective way to make a comparison.
4. Otherwise, you spend your time cherry picking which months and time periods of various Presidency's to compare.
5. All that is involved here is the data from the Bureau of labor statistics for each President and the average for that data.
6. Typically, you will see a unemployment levels during a Presidency rise and fall multiple times. Given that, it is a mistake to simply cherry pick a few months from the start of one Presidency or the end of another, and attempt to frame that President based on such limited data. Any look at any Presidency should not be based on only 6 months of data but on the full 96 months that a President is in office.