Unemployment Dropped Lower in 4 Months Under Trump Than 4 Years Under Obama

Unemployment Dropped Lower in 4 Months Under Trump Than 4 Years Under Obama


Commentary

President Donald Trump consistently polls better than former Vice President Joe Biden on the issue of handling the economy, and there is a good reason why.

Under the Trump administration (pre-COVID-19), the country enjoyed its lowest unemployment rate in 50 years and the lowest ever recorded for African-Americans and Hispanic Americans.

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Another interesting statistic is that the unemployment rate stood higher at the end of Barack Obama’s first term than it currently stands now, COVID and all.

After Obama took office in January 2009, the unemployment rate would peak at 10 percent in October of that year as the country began to emerge sluggishly from the Great Recession.

At the end of four years, the rate had dropped just 2 percentage points to 8

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