The President with the worst average unemployment rate since World War II is?

FACT you are a liar!
Despite never having filed for personal bankruptcy, reports
Hilarious….your source starts off with “But, according to Trump, businesses file for bankruptcy often, and it was a financially intelligent move. He added that “hundreds of companies” have done the same thing he did.”

Sounds reliable…not.
let’s look at a face check. Oh, six times…not once did they ask Trump.
 
One pays taxes off a W-2 and the other uses capital gains or loans with tax shelters.

todd
"...in 2023, a single filer with taxable income of $100,000 will pay $17,400 in tax, or an average tax rate of 17%. But your marginal tax rate or tax bracket is actually 24%..."


"...Long-term capital gains tax is a tax applied to assets held for more than a year. The long-term capital gains tax rates are 0 percent, 15 percent and 20 percent, depending on your income....

"...Meanwhile, for short-term capital gains, the tax brackets for ordinary income taxes apply. The 2023-2024 tax brackets are 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.

Unlike the long-term capital gains tax rate, there is no 0 percent rate or 20 percent ceiling for short-term capital gains taxes..."


You really are a putz, otto.
 
The monthly unemployment rate for June 2024 was 4.1%. This is the 42nd unemployment report with Biden in office, his 42nd month recorded for this list. This keeps Biden's average unemployment rate for his term in office to date, at 4.16% for June 2024, the same as it was for May 2024.

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. Joe Biden: 4.16%
02. Lyndon Johnson: 4.19%
03. Harry Truman: 4.26%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Donald Trump: 5.01%
07. Bill Clinton: 5.20%
08. George W. Bush: 5.27%
09. John Kennedy: 5.98%
10. George H.W. Bush: 6.30%
11. Jimmy Carter: 6.54%
12. Barack Obama: 7.45%
13. Ronald Reagan: 7.54%
14. Gerald Ford: 7.77%

The labor force participation rate went up from 62.5% in May 2024 to 62.6% for June 2024.
 
The monthly unemployment rate for June 2024 was 4.1%. This is the 42nd unemployment report with Biden in office, his 42nd month recorded for this list. This keeps Biden's average unemployment rate for his term in office to date, at 4.16% for June 2024, the same as it was for May 2024.

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. Joe Biden: 4.16%
02. Lyndon Johnson: 4.19%
03. Harry Truman: 4.26%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Donald Trump: 5.01%
07. Bill Clinton: 5.20%
08. George W. Bush: 5.27%
09. John Kennedy: 5.98%
10. George H.W. Bush: 6.30%
11. Jimmy Carter: 6.54%
12. Barack Obama: 7.45%
13. Ronald Reagan: 7.54%
14. Gerald Ford: 7.77%

The labor force participation rate went up from 62.5% in May 2024 to 62.6% for June 2024.
FACTS:From this source: Bureau of Labor Statistics Data

How many of the increase in labor force was from "RE-HIRES" who lost their jobs due to Covid?

Recovery versus “Creation.”
Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.
 
FACTS:From this source: Bureau of Labor Statistics Data

How many of the increase in labor force was from "RE-HIRES" who lost their jobs due to Covid?

Recovery versus “Creation.”
Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.


More lies and outdated information from the you...

We are 4,593,000 when compared to pre-pandemic numbers.
 

More lies and outdated information from the you...

We are 4,593,000 when compared to pre-pandemic numbers.
Guess what? A higher percentage of American workers are working today than ever before."
But Biden’s statement that "a higher percentage of American workers are working today than ever before" is murkier, because there is no single statistic that correlates to his exact phrasing.
"During Biden’s first 30 months in office, just 2.1 million new jobs were created, and by contrast, during my first 30 months in office we created 4.9 million new jobs," Trump said Aug. 5.

This means that roughly 11 million of the 13.2 million-job increase on Biden’s watch are simply "workers returning from pandemic layoffs" rather than jobs actually created, the campaign said in a statement.
 
Guess what? A higher percentage of American workers are working today than ever before."
But Biden’s statement that "a higher percentage of American workers are working today than ever before" is murkier, because there is no single statistic that correlates to his exact phrasing.
"During Biden’s first 30 months in office, just 2.1 million new jobs were created, and by contrast, during my first 30 months in office we created 4.9 million new jobs," Trump said Aug. 5.

This means that roughly 11 million of the 13.2 million-job increase on Biden’s watch are simply "workers returning from pandemic layoffs" rather than jobs actually created, the campaign said in a statement.

The Core Working age LFPR is at levels last seen in 2000.


1720216087180.webp
 
The Core Working age LFPR is at levels last seen in 2000.


View attachment 972399

NOTE Feb 2020 was the highest at 61.1% under Trump...since 2015.
The lowest since 2015 was 51.20 percent in April of 2020
Then all the jobs that were gone after 4/2020 of nearly 10% were all back under Biden...
BUT where has the number gone up with NEW jobs holders? It was under Trump but
under Biden it's "re-hiring" NOT CREATED new jobs.
And Biden as of 5/2024 60.1%.
So after a drop due to companies closing because of Covid letting people go,
2015to2024%working.webp
 

NOTE Feb 2020 was the highest at 61.1% under Trump...since 2015.
The lowest since 2015 was 51.20 percent in April of 2020
Then all the jobs that were gone after 4/2020 of nearly 10% were all back under Biden...
BUT where has the number gone up with NEW jobs holders? It was under Trump but
under Biden it's "re-hiring" NOT CREATED new jobs.
And Biden as of 5/2024 60.1%.
So after a drop due to companies closing because of Covid letting people go,
View attachment 972415

The Core Working age LFPR is at levels last seen in 2000.

This is vital as more people retire out of the workforce.

fred.stlouisfed.org

Labor Force Participation Rate - 25-54 Yrs.

Graph and download economic data for Labor Force Participation Rate - 25-54 Yrs. (LNS11300060) from Jan 1948 to Jun 2024 about 25 to 54 years, participation, civilian, labor force, labor, household survey, rate, and USA.
fred.stlouisfed.org

1720216087180.png
 
The Core Working age LFPR is at levels last seen in 2000.

This is vital as more people retire out of the workforce.

fred.stlouisfed.org

Labor Force Participation Rate - 25-54 Yrs.

Graph and download economic data for Labor Force Participation Rate - 25-54 Yrs. (LNS11300060) from Jan 1948 to Jun 2024 about 25 to 54 years, participation, civilian, labor force, labor, household survey, rate, and USA.
fred.stlouisfed.org

1720216087180.png
Why are you using 25 to 54 years old?
The figures of total employment included 161,037,000 but you left out 36% or 57,973,320
of all the workers..
Why?
Screen Shot 2024-07-05 at 5.35.15 PM.png
 
Last edited:
Back
Top Bottom