Trump's Job Records
President Trump will leave office with the worst jobs record of any president since Herbert Hoover, who exited the presidency early in the Great Depression. Although Trump's term was mostly marked by expansion of employment, it turned to contraction when COVID-19 hit, leaving him with a -0.5% annualized job growth rate rather than 1.5%, notes Fortune.
During the first three years of Donald Trump's presidency, the economy did quite well. The unemployment rate hit a 50-year low, income growth doubled, and the economic expansion he inherited grew into the longest in American history.
But that all came to a shrieking halt when COVID-19 hit.
In a two-month period, February to April 2020, the unemployment rate soared to an 80-year high and the number of employed Americans fell from 152.5 million to 130.3 million. Those 22.2 million job losses set U.S. employment back to 1999 levels.