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Table 12.1 Carbon Dioxide Emissions From Energy Consumption by Source, Table 1. As the labor market tightened, many employers gave a chance to workers they were not looking at before, such as those without college degrees. More than 4 million jobs were lost in his first year in office, on top of the 4 million lost in George W. Bushs final year. During the Obama years, electric utilities shifted away from burning coal, which accounted for 48 percent of their power generation in 2008, but only 30 percent in 2016. Both Obama and Reagan left office with job approval ratings above 50 percent. That declined only slightly by the end of Obamas tenure. The average monthly benefit per person grew from $73.89 in the month Bush took office to $113.60 the month he left. Family rates rose 97 percent and single-coverage rates rose 90 percent during George W. Bushs eight years in office. The facts also can conflict with impressions created by news media reporting dramatic but untypical events. After he was elected his statements and tweets all turned positive. Instead, annual U.S. handgun production tripled, as millions of Americans flocked to buy firearms. Owners of corporate stocks also did quite well under Obama. S&P Dow Jones Indices, 500 and DJI Daily Historical, proprietary data furnished upon request and used with permission under academic license. Annual Firearms Manufacturing and Export Report, Year 2008. 8 Mar 2011. Consumer Price Index All Urban Consumers. Among post-war administrations, thats second only to the 209 percent rise in the S&P index during Clintons two terms, and it handily outpaced the 114 percent gain under Reagan. An ongoing problem for the U.S. economy in recent years has been sluggish business investment. Supplemental Nutrition Assistance Program (Data as of Sept. 8 2017). Data extracted 27 Sep 2017. During the Great Recession the official unemployment rate peaked at 10.0% in October 2009, which was nine months after Obama was inaugurated. Average sales-weighted fuel-economy rating (window sticker) of purchased new vehicles for October 2007 through August 2017. University of Michigan Transportation Research Institute. As the pandemic escalated, Trump and other officials opted to close down much of the economy to keep people home to slow the spread of the deadly coronavirus. But the National Shooting Sports Foundation the gun industrys trade group tracks approximate sales figures by adjusting FBI statistics on background checks to remove those not related to actual sales, such as checks required for concealed-carry permits. In percentage terms, the gain in corporate profits under Obama was less than half the increases under George W. Bush and the Nixon-Ford administration, but twice the increase under Reagan. 5 Sep 2017, Accessed 25 Sep 2017. And under Reagan, it stayed at or above 10 percent for 10 straight months starting in September 1982 compared with Obamas one-month high of 10 percent. These figures are for utility scale electricity generation. Also, baby boomers those born in the years after WWII veterans returned from the war to take up family life reached retirement age in great numbers during Obamas time. That brought the total number remaining to 41. But manufacturing employment remains more than 700,000 jobs below pre-pandemic levels. While the economy did a big U-turn under Obama, his administration admitted that its unfinished business was seeing wages grow faster again. Zero Undocumented Population Growth Is Here to Stay and Immigration Reform Would Preserve and Extend These Gains. Center for Migration Studies. They are only an approximation of actual sales, since some of these checks cover purchases of multiple weapons, and of course some sales still occur without background checks. 28 Aug 2017. By the time Obama left office, the jobless rate was down to 4.7 percent well below the historical norm of 5.6 percent (the median rate for all the months between Harry Trumans inauguration in January 1949 and the end of the Obama administration). Premiums and Worker Contributions Among Workers Covered by Employer-Sponsored Coverage,1999-2017, Total Illegal Alien Apprehensions By Month, U.S. Border Patrol Apprehensions FY2017 YTD(October 1 August 31), Border Patrol Agent Staffing by Fiscal Year, Table A1: Unauthorized Immigrant Population. That decline also wasnt nearly enough to reverse the 1.9 percentage point rise in poverty under George W. Bush, and it was far less than the 3.5 percentage point decline under Clinton. The Department of Labor reported that the number ofunfilled job openings more than doubled during Obamas time, hitting 6.1 million in July 2015. They have remained low throughout Trumps first term, helping keep costs manageable for many Americans. Statistical indicators of President Obama's eight years in office. A lot of this growth has been driven by the Federal Reserve. That figure, which includes salaried managers and supervisors, was 4.0 percent higher in the month Obama left office than it was in the month he first entered the White House. Sales figures from the National Association of Realtors show the national median price of an existing, single-family home was $235,500 in 2016. The number of violent crimes, property crimes and robberies were also revised slightly from the levels the FBI originally reported. Thats an increase of 207 percent over thefigure for 2008, and it broke the previous record set in 2013. In 2016,wind and solar accounted for 6.9 percent of the combined total of utility-scale power and distributed solar power. Before Obamas tenure, the only time job openings topped 5 million was January and February 2001. Operation Enduring Freedom; Afghanistan Coalition Military Fatalitie, Operation Iraqi Freedom; Iraq Coalition Military Fatalities. Supplemental Nutrition Assistance Program (SNAP) data,fiscal years 1968-2017. Gathering statistics is a painstaking and time-consuming job. Even with the deep blow of the pandemic that caused a 30 percent drop in stocks in March, the market has come roaring back this summer. Bureau of Labor Statistics. The U-6 rates high mark was 17.2%, two months later in December 2009. When Trump took office, Black unemployment was 7.5 percent. With Covid-19 making a comeback due to less social distancing and states rolling back some of the restrictions they had put in place, it will be the next few months employment reports that will show how fast the economy can rebound. Americans are likely to keep buying important news stories of the workforce over the quarter! 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