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But you don't have to go back far to find three years of better job growth. Just to back to the previous three years under Barack Obama. It's a mixed bag in terms of "good jobs. A scan across the other big job creators reveals a similar story: There's been a 1. On the other hand, administrative assistants and restaurant jobs that tend to pay poorly have also grown a lot. Related: Key model predicts big election win for Clinton.
The industries that shed jobs under President Obama read like a who's who list of sectors in decline because of the Internet and smartphone era. Department stores have lost , jobs as people move to shop more online. State and local governments shed , jobs, and manufacturing and telephone related jobs have also been on the decline.
The typical middle class income in the U. The chart below shows what the trend looks like since the recession of The U. Here are the annual numbers since the recession, according to the U. Bureau of Labor Statistics, which sometimes goes back to revise earlier estimates.
The projection for is based on adding the average gain in jobs from to the total for the final year of a four-year term. Going back 32 years allows for a comparison during which the White House was held equally - 16 years for Republicans and 16 for Democrats. During these 32 years, Bush, George W. Bush, Trump. During other time periods since in which the White House was evenly split among the two parties:. Tax Policy Center. National Center for Biotechnology Information.
Federal Reserve History. City Average, All Items. Federal Reserve Bank of St. Employment From the — Recession Through Federal Reserve Board. Bureau of Economic Analysis. Select "Modify. Choose Annual series. Department of Transportation. Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content. Create a personalised content profile.
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Part of. Statistical Impact of Presidents' Policies. Party by Party Comparision. By Kimberly Amadeo. Learn about our editorial policies.
Article Fact Checked October 15, Reviewed by Michael J Boyle. Article Reviewed April 25, Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Learn about our Financial Review Board. Bill Clinton : Ronald Reagan : Franklin D.
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