Inaugurations and Unemployment

February 2, 2009

From "QuickBites," by Sam Geist.

Unemployment has fluctuated in waves during the last 60 years.  The following chart indicates the unemployment at the time of Presidential Inauguration.  Also indicated are the lowest and highest unemployment during each presidency.

                           Unemployment        Lowest            Highest

1948 - Truman                3.75%          3.03 (1952)      6.05 (1949)
1953 - Eisenhower          2.92%          2.92 (1953)      6.84 (1958)
1961 - Kennedy              6.69%          5.57 (1962)      6.69 (1961)
1963 - Johnson               5.64%           3.56 (1968)      5.64 (1963)
1969 - Nixon                   3.49%           3.49 (1969)      5.95 (1971)
1974 - Ford                     5.64%           5.64 (1974)      8.48 (1975)
1977 - Carter                   7.05%           5.85 (1979)      7.18 (1980)
1981 - Reagan                 7.62%           5.49 (1988)      9.71 (1982)
1989 - Bush, G.H.W.        5.26%           5.26 (1989)      7.49 (1992)
1993 - Clinton                  6.91%           3.97 (2000)      6.91 (1993)
2001 - Bush, G.W.           4.76%            4.61 (2007)      7.20 (2008)
2008 - Obama                  7.20%               

 -U.S. Department of Labor

Source: "QuickBites," by Sam Geist.  (800) 567-1861    
http://www.samgeist.com

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