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With unemployment rising to 6.1% in August, it is worth asking the question Which political party has a better record on reducing unemployment?  The answer, not surprisingly, is the Democratic Party.  And it is not even close...

Unemployment Rate by President



Civilian Unemployment Rate, U.S. Department of Labor: Bureau of Labor Statistics

     period         start end  chng   President      Party
Jan 1949 Jan 1953    4.3   2.9  -1.4   Truman         Democrat
Jan 1953 Jan 1957    2.9   4.2  +1.3   Eisenhower I   Republican
Jan 1957 Jan 1961    4.2   6.6  +2.4   Eisenhower II  Republican
Jan 1961 Jan 1965    6.6   4.9  -1.7   JFK/Johnson    Democrat
Jan 1965 Jan 1969    4.9   3.4  -1.5   Johnson        Democrat
Jan 1969 Jan 1973    3.4   4.9  +1.5   Nixon          Republican
Jan 1973 Jan 1977    4.9   7.5  +2.6   Nixon/Ford     Republican
Jan 1977 Jan 1981    7.5   7.5   0.0   Carter         Democrat
Jan 1981 Jan 1985    7.5   7.3  -0.2   Reagan I       Republican
Jan 1985 Jan 1989    7.3   5.4  -1.9   Reagan II      Republican
Jan 1989 Jan 1993    5.4   7.3  +1.9   Bush, GHW      Republican
Jan 1993 Jan 1997    7.3   5.3  -2.0   Clinton I      Democrat
Jan 1997 Jan 2001    5.3   4.2  -1.1   Clinton II     Democrat
Jan 2001 Jan 2005    4.2   5.2  +1.0   Bush, GW I     Republican
Jan 2005 Aug 2008    5.2   6.1  +0.9   Bush, GW II    Republican

Since 1928 there have been 13 president, 7 Republicans (Hoover, Eisenhower, Nixon, Ford, Reagan, Bush Sr, and Bush Jr) and 6 Democrats (FDR, Truman, JFK, Johnson, Carter and Clinton).

Six of the seven Republican Presidents had unemployment increase while in office.  Ronald Reagan is the only Republican President since 1928 to leave office with a lower unemployment rate.

All six Democratic Presidents had unemployment decrease or stay the same while in office.  The worst Democratic performance was Jimmy Carter, who had the same unemployment rate when he left office as when he entered.

Viewing the President's 4 year term gives an even more pronounced effect.

Of the Repubilican President's 9 terms, unemployment has increased in 7 of the 9 terms.

Of the Democratic President's 10 terms, the unemployment rate never increased.



Here is the same list, sorted by decrease in the unemployment rate.


Civilian Unemployment Rate, U.S. Department of Labor: Bureau of Labor Statistics

     period         start end  chng   President      Party
Jan 1993 Jan 1997    7.3   5.3  -2.0   Clinton I      Democrat
Jan 1985 Jan 1989    7.3   5.4  -1.9   Reagan II      Republican
Jan 1961 Jan 1965    6.6   4.9  -1.7   JFK/Johnson    Democrat
Jan 1965 Jan 1969    4.9   3.4  -1.5   Johnson        Democrat
Jan 1949 Jan 1953    4.3   2.9  -1.4   Truman         Democrat
Jan 1997 Jan 2001    5.3   4.2  -1.1   Clinton II     Democrat
Jan 1981 Jan 1985    7.5   7.3  -0.2   Reagan I       Republican
Jan 1977 Jan 1981    7.5   7.5   0.0   Carter         Democrat
Jan 2005 Aug 2008    5.2   6.1  +0.9   Bush, GW II    Republican
Jan 2001 Jan 2005    4.2   5.2  +1.0   Bush, GW I     Republican
Jan 1953 Jan 1957    2.9   4.2  +1.3   Eisenhower I   Republican
Jan 1969 Jan 1973    3.4   4.9  +1.5   Nixon          Republican
Jan 1989 Jan 1993    5.4   7.3  +1.9   Bush, GHW      Republican
Jan 1957 Jan 1961    4.2   6.6  +2.4   Eisenhower II  Republican
Jan 1973 Jan 1977    4.9   7.5  +2.6   Nixon/Ford     Republican

Originally posted to linuxguy on Sat Sep 27, 2008 at 01:43 PM PDT.

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