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Unemployment for December 2008

Unemployment for December 2008

With the release of the unemployment figures for December 2008, the era of the Bush economy can be said to have ended for comparative purposes. BLS link Here is how the Clinton years stack up against the Bush years. Average Monthly Unemployment Rates   ALL WOMEN BLACK HISPANIC Clinton Term I 6.00% 5.26% 11.33% 9.70% Clinton Term II 4.41% 3.94% 8.64% 6.77% Clinton Total 5.20% 4.60% 9.99% 8.23%           Bush Term I 5.51% 4.79% 10.01% 7.19% Bush Term II 5.03% 4.40% 9.32% 6.12% Bush Total 5.27% 4.59% 9.66% 6.66% In the eight years that Bill Clinton was President, the number of civilians employed increased by 14,694,000. In George Bush’s eight years in office that … Read entire article »

Filed under: American Economy, Analysis, Original writing, Reporting, Unemployment