I got the data from the Bureau of Labor Statistics found here: [https://fred.stlouisfed.org/series/PAYEMS](https://fred.stlouisfed.org/series/PAYEMS) Created in Google Sheets
Jobs created were calculated by summing the difference of jobs between each month for each given President. Terms were rounded to February for quality of life.
I’d be interested to see GDP or some other economic statistics graphed along side to show the economy’s role
Creating jobs is just one of many things republicans are bad at.
While it is a fact these charts are worthless when you don’t take into account the timing of things like the great recession and covid
I wish more people could see this
Bush II was especially disastrous for the manufacturing sector:
You can see a double-dip in the chart through his first and second terms, which basically saw the elimination of many of the maufacturing jobs created over the previous 50 years. By the end of Bush’s term, US manufacturing employment, in raw job numbers, was about equal to when the US entered WWII.
Can someone explain the policy Joe Biden implemented so early in his presidency that lead to so many jobs in the first couple months?
The government doesn’t create jobs. If you hire 200000 government employees, it doesn’t count.
One could argue that the Democratic administrations are benefitting from the good policies of the previous Republican administrations and then the Republicans get saddled with the consequences of poor Democratic policy.
My question though is how many of those are government jobs? You know if you start a new government program and hire a bunch of people I don’t know that can be counted the same as the economy growing and new jobs being created due to good policy.
It’s very easy for the average redditor skimming this post to come to the conclusion that democrats are good at creating jobs and republicans aren’t. But according to a fact check article on Bill Clinton’s statement the other night:
““Month-to-month job creation is just a function of the dynamic U.S. economy that’s bigger than one person,” Chris Douglas, an associate professor of economics at the University of Michigan-Flint, told public media outlet Marketplace.
Republican job creation figures are skewed by events such as the Great Recession, which began under George W. Bush in 2007 and cost Americans more than 8 million jobs, and the economic downturn caused by the COVID-19 pandemic that began under Trump in 2020.“
If it really needs to be said, correlation doesn’t equal causation. Clinton happened to be president during the tech boom – he didn’t cause that. Bush happened to be president during 9/11 and the economic contraction that followed, while Trump happened to be president during Covid and the unprecedented (and often forced) business shutdowns that followed. Neither president created either of those crises. And Biden happened to be president right when states and localities were ending Covid lockdowns.
Hmmmm like to see the statistics of who was in control of Congress during those times. It’s the laws that congresses passes that make the difference.
What’s the point in data when we just found out that they made up job numbers?
Joe Biden created more jobs in one term than Obama’s two, and almost as much as Reagan’s two terms. This needs to be talked about and celebrated more!
A lot of this is really timing making the picture seem starker than what it really is. The timing of economic cycles and extraneous events have a lot more to do with these outcomes than the presidents, and in fact certain presidents are probably to blame for outcomes after they left office.
Clinton presided over the end of the Cold War, emergence of American hegemonic economic power and a period of mass international trade liberalization. He also left office right before the dotcom bubble burst. It was an unprecedentedly long period of uninterrupted economic growth. Does he deserve credit for that? He certainly did his part to help it along, but he didn’t end the Cold War either.
Bush inherited the dotcom bubble busting + had 9/11 dumped in his lap right at the start of his presidency which precipitated a brief recession. I think it’s hard to blame him for either of those things. Then at the end of his tenure the financial crisis happened. It’s hard to pin the financial crisis on Bush alone when Clinton passed the banking reforms that led to the deregulation and risk taking where the crisis originated. Bush did not have a good economic record, but again all his failures are not his own doing – some is circumstance and some Clinton has a hand in causing.
Obama comes into office post-financial crisis so basically starts with a stacked deck in terms of job creation because he’s starting at rock bottom. Yes, he helped navigate us out of that which he deserves credit for. But many would argue it took a very long time.
Trump’s numbers basically suffer from ending during COVID which destroyed a ton of jobs. Biden’s numbers benefit for having the same phenomenon of starting at the rock bottom of COVID. I think Biden did a great job navigating out of COVID and the US fared better than any country did post-COVID, but it’s also disingenuous to credit him for all the post-COVID job creation.
Where’s the data from and what type of jobs? 10k minimum wage jobs doesn’t really help out people.
I remember when Bill Clinton came into office and waved his job wand and created 1 billion jobs as represented by this chart.
Whole lotta folks bringing out the old “correlation isn’t necessarily causation” thing in this post. It’s true! Correlation isn’t _necessarily_ causation, but it can be. We can examine the policies of the people on the above chart and _reasonably conclude_ that, in fact, Democratic presidents really are better for jobs. The amount they are better is probably exaggerated because of Covid really fucking up Trump’s numbers and inflating Biden’s a bit, but given the pattern we see over a long period of time and the policies we know about, just saying “correlation is not causation” strikes me as a pretty lazy rebuttal.
This is poor, inaccurate, and misleading data. This time period includes COVID where tens of thousands were out of a job not due to any policy or individual but pure health. It also includes the time period when COVID ended. Bounce back jobs are not jobs being created. Love to see the data excluding the jobs lost during COVID and the bounce back jobs after COVID. You’d see a vastly different number so makes sense why you would share this misleading nonsense. Hope people can use their brain to realize why your data is extremely off.
From April 1945 to August 2023, of the 115 million net jobs added, 83 million (72%) were under Democrats, and 32 million (28%) were under Republicans.
I’m gonna throw out a hypothesis on this. It’s not really what the president does directly that causes job creation, it’s more whether or not the country has stability during a period of time. This hypothesis is based on the theory that markets don’t like too much chaos.
Anyone have any ideas on what data might be good to look at to validate / invalidate this hypothesis?
There are a lot of other factors than just jobs. For example, you can hire 3 people to do the work of one worker. I w9uld be more interested in job efficiency rather than just jobs i.e. quality of quantity
Does this include the new information from BLS that there were no new jobs added in CA in 2023?
-.com bubble bursting hurt H.W. Bush, and benefited Clinton
-9/11 occurred just after W. Bush’s term began, essentially starting him in the negative
-the 2008 financial crises began at the very end of W. Bush’s term, hurting his numbers and benefiting Clinton
The macroeconomic conditions matter way more than an individual president’s policies.
Demonstrates well just how badly redditors need economics education.
Employment is a lagging indicator. I’d love to see 59 years of data on employment vs party in power with a regression analysis. I bet there’s a weak correlation at best. Then I’d love to run the same analysis with the employment stats always a year later than the party in power.
For example, the First year of Obama is attributed to Bush. I bet that is more strongly correlated.
Same for national debt and inflation. Probably.
Presidents don’t create jobs. But yes, more jobs have been created at the same time as there are democratic presidents
I don’t know about the Bush Sr. But W. Bush and Trump both had big recessions that were out of their control as they were leaving office. Bush had the great recession and Trump had covid. I’m sure the Democratic presidents would still outperform the Republican ones, but this statistic seems to be misleading as it leaves out some important context.
![[OC]I created a chart to visualize Bill Clinton's true fact about Democrats creating more jobs than Republicans](https://www.europesays.com/wp-content/uploads/2024/08/69169ztr9bkd1.png)
29 comments
I got the data from the Bureau of Labor Statistics found here: [https://fred.stlouisfed.org/series/PAYEMS](https://fred.stlouisfed.org/series/PAYEMS)
Created in Google Sheets
Jobs created were calculated by summing the difference of jobs between each month for each given President. Terms were rounded to February for quality of life.
I’d be interested to see GDP or some other economic statistics graphed along side to show the economy’s role
Creating jobs is just one of many things republicans are bad at.
While it is a fact these charts are worthless when you don’t take into account the timing of things like the great recession and covid
I wish more people could see this
Bush II was especially disastrous for the manufacturing sector:
https://fred.stlouisfed.org/series/MANEMP
You can see a double-dip in the chart through his first and second terms, which basically saw the elimination of many of the maufacturing jobs created over the previous 50 years. By the end of Bush’s term, US manufacturing employment, in raw job numbers, was about equal to when the US entered WWII.
Can someone explain the policy Joe Biden implemented so early in his presidency that lead to so many jobs in the first couple months?
The government doesn’t create jobs. If you hire 200000 government employees, it doesn’t count.
One could argue that the Democratic administrations are benefitting from the good policies of the previous Republican administrations and then the Republicans get saddled with the consequences of poor Democratic policy.
My question though is how many of those are government jobs? You know if you start a new government program and hire a bunch of people I don’t know that can be counted the same as the economy growing and new jobs being created due to good policy.
It’s very easy for the average redditor skimming this post to come to the conclusion that democrats are good at creating jobs and republicans aren’t. But according to a fact check article on Bill Clinton’s statement the other night:
““Month-to-month job creation is just a function of the dynamic U.S. economy that’s bigger than one person,” Chris Douglas, an associate professor of economics at the University of Michigan-Flint, told public media outlet Marketplace.
Republican job creation figures are skewed by events such as the Great Recession, which began under George W. Bush in 2007 and cost Americans more than 8 million jobs, and the economic downturn caused by the COVID-19 pandemic that began under Trump in 2020.“
If it really needs to be said, correlation doesn’t equal causation. Clinton happened to be president during the tech boom – he didn’t cause that. Bush happened to be president during 9/11 and the economic contraction that followed, while Trump happened to be president during Covid and the unprecedented (and often forced) business shutdowns that followed. Neither president created either of those crises. And Biden happened to be president right when states and localities were ending Covid lockdowns.
Hmmmm like to see the statistics of who was in control of Congress during those times. It’s the laws that congresses passes that make the difference.
What’s the point in data when we just found out that they made up job numbers?
Joe Biden created more jobs in one term than Obama’s two, and almost as much as Reagan’s two terms. This needs to be talked about and celebrated more!
A lot of this is really timing making the picture seem starker than what it really is. The timing of economic cycles and extraneous events have a lot more to do with these outcomes than the presidents, and in fact certain presidents are probably to blame for outcomes after they left office.
Clinton presided over the end of the Cold War, emergence of American hegemonic economic power and a period of mass international trade liberalization. He also left office right before the dotcom bubble burst. It was an unprecedentedly long period of uninterrupted economic growth. Does he deserve credit for that? He certainly did his part to help it along, but he didn’t end the Cold War either.
Bush inherited the dotcom bubble busting + had 9/11 dumped in his lap right at the start of his presidency which precipitated a brief recession. I think it’s hard to blame him for either of those things. Then at the end of his tenure the financial crisis happened. It’s hard to pin the financial crisis on Bush alone when Clinton passed the banking reforms that led to the deregulation and risk taking where the crisis originated. Bush did not have a good economic record, but again all his failures are not his own doing – some is circumstance and some Clinton has a hand in causing.
Obama comes into office post-financial crisis so basically starts with a stacked deck in terms of job creation because he’s starting at rock bottom. Yes, he helped navigate us out of that which he deserves credit for. But many would argue it took a very long time.
Trump’s numbers basically suffer from ending during COVID which destroyed a ton of jobs. Biden’s numbers benefit for having the same phenomenon of starting at the rock bottom of COVID. I think Biden did a great job navigating out of COVID and the US fared better than any country did post-COVID, but it’s also disingenuous to credit him for all the post-COVID job creation.
Where’s the data from and what type of jobs? 10k minimum wage jobs doesn’t really help out people.
I remember when Bill Clinton came into office and waved his job wand and created 1 billion jobs as represented by this chart.
Whole lotta folks bringing out the old “correlation isn’t necessarily causation” thing in this post. It’s true! Correlation isn’t _necessarily_ causation, but it can be. We can examine the policies of the people on the above chart and _reasonably conclude_ that, in fact, Democratic presidents really are better for jobs. The amount they are better is probably exaggerated because of Covid really fucking up Trump’s numbers and inflating Biden’s a bit, but given the pattern we see over a long period of time and the policies we know about, just saying “correlation is not causation” strikes me as a pretty lazy rebuttal.
This is poor, inaccurate, and misleading data. This time period includes COVID where tens of thousands were out of a job not due to any policy or individual but pure health. It also includes the time period when COVID ended. Bounce back jobs are not jobs being created. Love to see the data excluding the jobs lost during COVID and the bounce back jobs after COVID. You’d see a vastly different number so makes sense why you would share this misleading nonsense. Hope people can use their brain to realize why your data is extremely off.
From April 1945 to August 2023, of the 115 million net jobs added, 83 million (72%) were under Democrats, and 32 million (28%) were under Republicans.
I’m gonna throw out a hypothesis on this. It’s not really what the president does directly that causes job creation, it’s more whether or not the country has stability during a period of time. This hypothesis is based on the theory that markets don’t like too much chaos.
Anyone have any ideas on what data might be good to look at to validate / invalidate this hypothesis?
There are a lot of other factors than just jobs. For example, you can hire 3 people to do the work of one worker. I w9uld be more interested in job efficiency rather than just jobs i.e. quality of quantity
Does this include the new information from BLS that there were no new jobs added in CA in 2023?
Link: https://lao.ca.gov/LAOEconTax/Article/Detail/783
-.com bubble bursting hurt H.W. Bush, and benefited Clinton
-9/11 occurred just after W. Bush’s term began, essentially starting him in the negative
-the 2008 financial crises began at the very end of W. Bush’s term, hurting his numbers and benefiting Clinton
The macroeconomic conditions matter way more than an individual president’s policies.
Demonstrates well just how badly redditors need economics education.
Employment is a lagging indicator. I’d love to see 59 years of data on employment vs party in power with a regression analysis. I bet there’s a weak correlation at best. Then I’d love to run the same analysis with the employment stats always a year later than the party in power.
For example, the First year of Obama is attributed to Bush. I bet that is more strongly correlated.
Same for national debt and inflation. Probably.
Presidents don’t create jobs. But yes, more jobs have been created at the same time as there are democratic presidents
I don’t know about the Bush Sr. But W. Bush and Trump both had big recessions that were out of their control as they were leaving office. Bush had the great recession and Trump had covid. I’m sure the Democratic presidents would still outperform the Republican ones, but this statistic seems to be misleading as it leaves out some important context.