Lowest job growth since WWII under George W. Bush
Filed under: Extracurriculars, Career
I don't mean to pile on our outgoing president, but the publication Business First of Buffalo has an interesting article today, in the Triangle Business Journal, with a list of how presidents' job growth have fared since World War II. The information is culled from the U.S. Bureau of Labor Statistics.This tidbit caught my eye: Over the last eight years, job growth grew the least under President George W. Bush. That's the lowest job growth since World War II. from 2001 through 2009, job gains grew only .28%.
How'd the other guys do? It's hard to do worse. I half-expected President Bill Clinton to have presided over the most growth, given how well the economy did in the 1990s, but actually Lyndon Johnson's America did the best--3.74% job growth. In second place? Jimmy Carter, which was surprising, since few historians have rated his administration as a success. But under his watch, the number of jobs grew 3.11%. Bill Clinton came in third place, with 2.42%.
Here's the entire list:
- Lyndon Johnson (1963-69), 3.74%
- Jimmy Carter (1977-81), 3.11%
- Bill Clinton (1993-2001), 2.42%
- Harry Truman (1945-53), 2.38%
- Richard Nixon (1969-74), 2.30%
- John Kennedy (1961-63), 2.28%
- Ronald Reagan (1981-89), 2.04%
- Gerald Ford (1974-77), 0.95%
- Dwight Eisenhower (1953-61), 0.87%
- George H. W. Bush (1989-93), 0.59%
- George W. Bush (2001-09), 0.28%
Hopefully in four years, job growth under President Barack Obama will be a lot higher than #11 or #10.
Reader Comments (Page 1 of 1)
1-20-2009 @ 4:19PM
Twiglet said...
I think these job growth figures are highly suspect. In 1976 when I first began job seeking(Carter admin.), our Northern N.J. newspaper had exactly 2 pages of classified ads on Sunday. The interest rate was 21%! It took me months to find my first job which I kept for 21 years only to be laid-off during Clinton's administration (l997).
The fact that we rebounded so well after 9/11 shows the strength of the American economy, which is the PEOPLE, not the PRESIDENT. If the government would stop viewing businesses and workers as the government's income to take from us, our economy would be booming. Remember, the government produces NOTHING, it only regulates what others produce.
Reply
1-20-2009 @ 4:39PM
Peg Amonica said...
These jobless figures seem highly suspect to me. Just like most polls, the result desired is plugged in before the questions are devised to yield the desired answer.
The economy was awful during the Carter administration and it seemed to me that there were no jobs, not even minimum wage jobs for high school students who were seeking them.
Until I can read about how these figures were arrived at, I would say the information is not correct.
Reply
1-21-2009 @ 12:20AM
Shuttdlrl said...
I don't think so. Not with the housing boom.
shuttdlrl@aol.com
Reply
1-21-2009 @ 3:33PM
gangsta said...
the top placers greatly expanded government.
also, THE WAY EMPLOYMENT DATA HAS BEEN TALLIED HAS BEEN CHANGED BY MANY PRESIDENTS INORDER TO MAKE THEM LOOK BETTER.
Reply
3-03-2009 @ 10:39PM
Andrew Yu-Jen Wang said...
Speaking of George W. Bush:
George W. Bush committed hate crimes of epic proportions and with the stench of terrorism (indicated in my blog).
George W. Bush did in fact commit innumerable hate crimes.
And I do solemnly swear by Almighty God that George W. Bush committed other hate crimes of epic proportions and with the stench of terrorism which I am not at liberty to mention.
Many people know what Bush did.
And many people will know what Bush did—even to the end of the world.
Bush was absolute evil.
Bush is now like a fugitive from justice.
Bush is a psychological prisoner.
Bush has a lot to worry about.
Bush can technically be prosecuted for hate crimes at any time.
In any case, Bush will go down in history in infamy.
Submitted by Andrew Yu-Jen Wang
B.S., Summa Cum Laude, 1996
Messiah College, Grantham, PA
Lower Merion High School, Ardmore, PA, 1993
“GEORGE W. BUSH IS THE WORST PRESIDENT IN U.S. HISTORY” BLOG OF ANDREW YU-JEN WANG
______________________
I am not sure where I had read it before, but anyway, it is a linguistically excellent statement, and it goes kind of like this: “If only it were possible to ban invention that bottled up memory so it never got stale and faded.” Oh wait—off the top of my head—I think the quotation came from my Lower Merion High School yearbook.
Reply