Friday, January 9, 2009

Employment by President

I understand this is not completely due to GB II (the business cycle dominates a lot of this), but...


President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton’s administration and only slightly better than President George H.W. Bush did in his four years in office.

I've also added a line showing the difference between the jobs growth and population growth. Any negative figure means jobs grew at a slower rate than the population... not a good thing.