Under Barack Obama America’s economy became great again

Politicians prospered – but the jobs left, and the factories closed.

Donald Trump, US President

When Barack Obama became President the US was mired in its worst recession since the Great Depression (1929 – 1939); at one point shedding 800 000 jobs per month.

Within a year, the job losses halted.

Today there are 9.265 million more nonfarm jobs than when Obama first took office.

82 months of job creation in a row (the longest period of employment growth since the Great Depression) saw the unemployment rate fall from 9.8% to 4.9%.

The US unemployment rate is now lower than it has been most of the time since 1948.


This article first appeared on 702 : Under Barack Obama America’s economy became great again


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