Graphic shows job ceation under the past seven U.S. presidents.


Banen geschapen door Amerikaanse presidenten

By Duncan Mil

October 1, 2020 - In January 2017, when President Donald Trump took office, the U.S. had 145.6 million nonfarm jobs. Coronavirus closures and a recession has pushed that number down to 141.7 million by September 2020, according to the U.S. Bureau of Labor Statistics.

Private companies added 749,000 jobs in September vs the 600,000 Dow Jones estimate, a new report by ADP Research, done in conjunction with Moody’s Analytics, shows. Construction, trade transportation and utilities and hospitality led the gains.

The U.S. economy has added 6.6 million jobs during Trump’s first three years in office. If the pace of job growth over Trump’s first three years continues to January 2021, he will close out his four-year term with a total gain of 8.8 million jobs -- up 6% since taking office. However, the coronavirus pandemic and ensuing recession have stymied that total.

Trump’s current score is a loss of 3.9 million jobs since coming to office (minus 2.7%).

Bill Clinton’s first term added up 11.6 million jobs (10.5%), Clinton’s second term achieved 11.3 million jobs (9.3%), Ronald Regan’s second term hit 10.8 million jobs, (11.2%), Obama’s second term generated 10.4 million jobs, (7.7%).

During the 43 years since President Jimmy Carter entered office, the U.S. Bureau of Labor Statistics has recorded 71.3 million new jobs. Democrats added 44.8 million when they were in the White House, compared with 26.5 million during Republican presidencies.

PUBLISHED: 05/10/2020; STORY: Graphic News; PICTURES: Associated Press