U2Edge
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- Sep 15, 2012
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How will the unemployment rates over the rest of the year impact Rrumps average?The monthly unemployment rate for March 2020 was 4.4%. This is the 39th unemployment report with Trump in office, his 39th month recorded for this list. This brings Trump's average unemployment rate for his term in office to date, up from 3.95% in February 2019 to 3.96% in March 2020.
The President with the worst average unemployment rate since World War II is?
Gerald Ford: 7.77%
Average Unemployment Rates for US Presidents since after World War II:
01. Donald Trump: 3.96%
02. Lyndon Johnson: 4.19%
03. Harry Truman: 4.26%
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%
There are 9 months left in Trumps first Presidential term, assuming he completes it.
The labor force participation rate is at 62.7% for March 2020, down from 63.4% in February 2020.
Well, the rise in the Unemployment in March, from 3.5% in February to 4.4% in March, caused his average to go from 3.95% to 3.96%. We'll have a better picture of things in about a month when we see the unemployment number for April.