Unemployment Rate Currently Lower Under Trump Than at End of Obama's First Term

Unemployment Rate Currently Lower Under Trump Than at End of Obama's First Term


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.

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.

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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 percent in January 2013.

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It was the slowest economic recovery from a recession since before World War II, a point even

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