Tale of a Trend: Unemployment Rates and Presidents

Feb 3, 2012 12:51pm

The Obama team has long argued that when it comes to unemployment, it is the trend, not the actual number, that will be important.

And the trend, at least for now, looks pretty good (Jan. ’11 to Jan. ’12)

 Tale of a Trend: Unemployment Rates and Presidents

Now compare this with unemployment trend lines for other presidents who have been successfully re-elected:

Reagan (’83-’84)

 Tale of a Trend: Unemployment Rates and Presidents

Bush 43 (’03-’04)

 Tale of a Trend: Unemployment Rates and Presidents

And those that have lost re-election:

Bush 41 (’91-’92)

 Tale of a Trend: Unemployment Rates and Presidents

Carter (’79-’80)

 Tale of a Trend: Unemployment Rates and Presidents

Data courtesy of Bureau of Labor Statistics

 

 

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