August 08, 2004

Unemployment Rates

Unemployment statistics for 1992 through 2004 showing a significant decline during the Clinton years and an even faster rebound during the Bush years.I saw on some Fark post the comment that Unemployment rate during Clinton 5.5% = Good, 5.6% during Bush = Bad and thought that that sounded all kinds of wrong. So, I decided to do a little research on my own. The Department of Labor helpfully provides back data on unemployment. When you pull up the rates for the last 12 years, it seems pretty clear to me which President did a better job as far as jobs are concerned. It also shows how well the administration prior to Clinton did as well. The comment was correct in the numbers but static numbers rarely tell the whole story. (Click for expanded view).
Posted by andyjw at August 8, 2004 11:40 AM | TrackBack