, back to

Political Factoid

After the first full month of
Donald Trump being in office:
"The unemployment rate
ticked down to 4.7% from
4.8% in the previous month.
It's a vast improvement
from 2009, when
unemployment peaked
at 10% after the financial
crisis."
  -- Patrick Gillespie
CNNMoney
2016-Mar-10
 
  
  • The 10% spike was caused by the
    Republican economic policies under
    President G.W. Bush.
     
  • The 4.8% level was the result of
    the record period of positive
    jobs growth that occurred
    between 2009 and when
    President Obama left office.
     
  • The 4.7% was most likely a
    carryover of Obama policies
    than a result of anything
    Trump had done so far.
cf. 15557, 13128
-30-

Collected by students of  Zo^o University
Last updated * 2017-03-12
Copyright © 2017 Zo^o University
All Rights Reserved