Employment Trends Under Obama
• Recovery from the Great Recession: When President Obama took office in January 2009, the U.S. was in the midst of the Great Recession. The unemployment rate peaked at 10% in October 2009.
• Job Growth: From late 2010 onwards, the economy began to recover, and the unemployment rate steadily declined. By the end of Obama’s presidency in January 2017, the unemployment rate had fallen to 4.7%.
• Long-Term Trends: Over Obama’s two terms, the U.S. saw the longest streak of job creation in its history, with significant monthly job gains. This set a positive trend in employment figures after he left office
• The positive employment trend continued into Trump’s presidency.