New Jobs by President
1923-2024
Total Jobs Created
Source: US Department of Labor
Total job creation since WWII has been 83 million(72%) for the seven Democratic Presidents and 32 million(28%) for the six Republican Presidents.
Deficit Increase by President
1948-2024
Percentage Increase
Source: US Treasury Department
Budget deficits tend to be smaller under Democrats at 2.1% potential GDP versus 2.8% potential GDP for Republicans, a difference of about 0.7 of a percentage point.
GDP Growth by President
1923-2024
Source: US Bureau of Economic Analysis
Since 1933, GDP has grown at an annual average rate of 4.6 percent under Democratic presidents and 2.4 percent under Republicans.
Unemployment Rate by President
1948-2024
Source: US Bureau of Labor Statistics
The unemployment rate fell under Democratic presidents by an average of 0.8 percentage points, while it increased under Republican presidents by an average of 1.1 percentage points.
