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progree

(11,463 posts)
Sun Apr 30, 2017, 07:56 PM Apr 2017

Unemployment rates at 3 months: Clinton(D): 7.1%, Bush(R): 4.4%, Obama(D): 9.0%, Trump(R):4.5%

[font color = red]On Edit:[/font]according to Fox News. True, but each president's unemployment rate at 3 months is pretty much what they inherited from their predecessor [font color = red]{/edit}[/font]

Fox News accused of running 'misleading' graphic on Donald Trump's unemployment record, The Independent, 4/30/17
https://www.yahoo.com/news/fox-news-accused-running-apos-144917994.html

I can't embed the graphics, but here is the essence of it:

Unemployment rates at 3 months:
[font color = blue]Clinton(D): 7.1%[/font], [font color = red]Bush(R): 4.4%[/font], [font color = blue]Obama(D): 9.0%[/font], [font color = red]Trump(R):4.5%[/font]

To which a Tweet responds:

And here is the same thing but additionally showing what is much more important: the unemployment rate when each president left office:

[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"] At 3 months When left office
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color = blue]Clinton(D): 7.1% 4.2%[/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color = red]Bush(R): 4.4% 7.8%[/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color = blue]Obama(D): 9.0% 4.8%[/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color = red]Trump(R): 4.5% ???[/font]

[font color = red]On Edit:[/font] See Post #7 for what it is for the last 5 presidents measured at the beginning and end of their terms [font color = red]{/edit}[/font]

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Unemployment rates at 3 months: Clinton(D): 7.1%, Bush(R): 4.4%, Obama(D): 9.0%, Trump(R):4.5% (Original Post) progree Apr 2017 OP
I am part of that 4.5% liberal N proud Apr 2017 #1
I'm sorry to hear. It is a sucky experience progree Apr 2017 #2
GREAT information. I'm saving this one! Squinch Apr 2017 #3
All unemployment rates are fake news. democratisphere Apr 2017 #4
It's from a monthly survey of 60,000 households progree Apr 2017 #5
Misleading info. After just 3 months the rates are a continuation of the previous admin... brush Apr 2017 #6
All true. Here are the unemployment rates in the inaugural month of each president progree Apr 2017 #7
The ??? on the 'When Trump leaves office' space is prescient. tenorly May 2017 #8

progree

(11,463 posts)
5. It's from a monthly survey of 60,000 households
Sun Apr 30, 2017, 08:16 PM
Apr 2017

and no, it's not from a count of people receiving unemployment benefits, as a lot of people think. Unemployment benefit status has nothing to do with it.

How the Government Measures Unemployment
http://www.bls.gov/cps/cps_htgm.htm

brush

(58,015 posts)
6. Misleading info. After just 3 months the rates are a continuation of the previous admin...
Sun Apr 30, 2017, 08:47 PM
Apr 2017

thus the two repug administrations, Bush and trump, show the low rates resulting from the previous president's policies, both who happened to be Democrats.

Obama's and Bill Clinton's high 3 month rates also reflect the continuing effect of the previous repug administrations' failed policies.

What would be fair is to show the rates at the end of each president's term/s. You can't show that yet with trump but the results at the end of the other 3 presidents would give a more accurate portrayal of how the unemployment rates were handled.

progree

(11,463 posts)
7. All true. Here are the unemployment rates in the inaugural month of each president
Sun Apr 30, 2017, 09:07 PM
Apr 2017

Unemployment rate: http://data.bls.gov/timeseries/LNS14000000

All values are the unemployment rates, specifically Jan 1989, Jan 1993, Jan 2001, Jan 2009, Jan 2017.

Unemployment rates:
[font color = red][div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"] Bush I: 5.4% to 7.3%, Change= + 1.9%[/font]
[font color = blue][div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"] Clinton: 7.3% to 4.2%, Change= - 3.1%[/font]
[font color = red][div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"] Bush II: 4.2% to 7.8%, Change= + 3.6%[/font]
[font color = blue][div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"] Obama: 7.8% to 4.8%, Change= - 3.0%[/font]
[font color = red][div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"] Trump: 4.8% to ???%, [/font]

Of course Fox was misleading in the extreme.

tenorly

(2,037 posts)
8. The ??? on the 'When Trump leaves office' space is prescient.
Sat May 6, 2017, 12:10 PM
May 2017

My guess is that the fat bastard will lean on the BLS to alter - even discontinue - the data series if unemployment starts to pick up again.

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