By ~ Calculated risk 4/08/2025 02:17:00 PM
Note: I was asked to post again after President Trump’s second term began. There is another update of employment tracking during the presidential period. We often use presidential terms as time markers. We can use the speakers of the house, Fed Chair or other markers.
Important: There are many differences in this period. In the 80s, the overall employment was smaller, but the participation rate increased in the 80s (a woman who joined the young population and labor force), and the participation rate is generally decreasing. But these graphs provide an overview of employment changes.
The first graph shows the changes in the private sector’s salary jobs when each president took office until the end of his term. Carter, George HW BUSH and Biden served only in one semester.
GW BUSH (RED) took office as a rupture of the stock market bubble and left while the housing bubble burst. President Obama was inaugurated in the financial crisis and the large recession. Immediately after the inauguration of Dark Red, there was a serious economic downturn in the early 80’s.
At the end of the term GHW Purple, Clinton served for eight years without a recession. In 2020, there was a recession related to infectious diseases.
First, each semester has a table for the private sector work. (Blue for Democrats, Red of Republican Party)
Terminology | Private sector Add job (000s) |
---|---|
Viden | 14,327 |
Clinton 1 | 10,875 |
Clinton 2 | 10,104 |
Obama 2 | 9,924 |
Reagan 2 | 9,351 |
carter | 9,039 |
Reagan 1 | 5,363 |
Obama 1 | 1,889 |
GHW Bush | 1,507 |
GW Bush 2 | 453 |
Trump 2 | 3251 |
GW Bush 1 | -822 |
Trump 1 | -2,178 |
12 months |
Click the graph to see a larger image.
The first graph is only for personal employment.
The private sector employment is 9,039,000 people, depending on the Dashed Green, 14,714,000 in accordance with President Reagan, 1,507,000 depending on the Light Purple, and 20,979,000 depending on the Light Blue. He lost 369,000 people under President GW, and 11,813,000 people were given according to President Obama. During Trump’s conditions (orange), the economy lost 1,853,000 private sector jobs.
The public sector grew during Carter’s term (1,304,000), Reagan’s term (1,414,000), GHW Bush’s term (1,127,000), and Clinton’s conditions (1,934,000). But while President Obama was in the office, the public sector fell significantly (263,000 jobs). During the condition of President Trump, the economy lost 517,000 public sector jobs (mainly teachers during the epidemic period).
Table for public sector jobs. The increase in public sector jobs has increased during Reagan’s second semester for BIDEN’s term (mainly and regional employment). In Obama’s first term, public sector jobs were the most reduced.
Terminology | Public sector Add job (000s) |
---|---|
Viden | 1,813 |
Reagan 2 | 1,438 |
carter | 1,304 |
Clinton 2 | 1,242 |
GHW Bush | 1,127 |
GW Bush 1 | 900 |
GW Bush 2 | 844 |
Clinton 1 | 692 |
Obama 2 | 447 |
Trump 2 | 201 |
Reagan 1 | -24 |
erase | -537 |
Obama 1 | -710 |
12 months |