We are counting average monthly jobs created from February to January because the January data is collected the week of Jan 12, before a president takes the oath of office on Jan 20. North Dakota For Trump Flag. What they show about what really happened during the eight years that Barack Obama was president is sometimes different from what politicians claimed. The economy gained a net 11.6 million jobs.
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The unemployment rate dropped to below the historical norm. Average weekly earnings for all workers were up 4.2 percent after inflation. The gain was 3.7 percent for just production and nonsupervisory employees. North Dakota For Trump Flag. After-tax corporate profits also set records, as did stock prices. The S&P 500 index rose 166 percent. The number of people lacking health insurance dropped by 15 million. Premiums rose, but more slowly than before. The federal debt owed to the public rose 128 percent. Deficits were rising as Obama departed. Home prices rose 20 percent. But the home ownership rate hit the lowest point in half a century. Illegal immigration declined: The Border Patrol caught 35 percent fewer people trying to get into the U.S. from Mexico. Wind and solar power increased 369 percent. Coal production declined 38 percent. Carbon emissions from burning fossil fuel dropped 11 percent.
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Production of handguns rose 207 percent, to a record level. North Dakota For Trump Flag. The murder rate dropped to the lowest on record in 2014, then rose and finished at the same rate as when Obama took office. But growth hasn’t been exceptionally better under Trump.