Media
Related: About this forumUnemployment 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]
liberal N proud
(60,972 posts)progree
(11,463 posts)Squinch
(53,149 posts)democratisphere
(17,235 posts)progree
(11,463 posts)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)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)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)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.