U.S EMPLOYMENT (counts in millions)
Civilian Civilian Household Total Total Unemploy-
Noninst. Labor Survey Nonfarm Private ment
Year Population Force Employed Employed Employed Rate
---- ---------- --------- --------- --------- --------- ---------
1939 29.923 25.935
1940 31.603 27.453
1941 34.480 30.012
1942 38.348 33.259
1943 42.174 36.042
1944 42.661 36.499
1945 41.903 35.649
1946 39.839 34.054
1947 43.545 37.926
1948 102.603 60.095 58.061 44.686 39.062 3.4
1949 103.529 60.771 58.175 44.675 38.781 4.3 0.2
1950 104.619 61.661 57.635 43.530 37.596 6.5 -0.9
1951 104.844 61.941 59.636 47.289 40.937 3.7 3.5
1952 104.862 62.432 60.460 48.299 41.710 3.2 1.4 1.4
1953 106.594 63.439 61.600 50.145 43.351 2.9 1.9 1.6
1954 107.763 63.101 60.024 49.467 42.707 4.9 -2.6 1.4
1955 109.059 63.910 60.753 49.497 42.544 4.9 1.2 1.2
1956 110.390 66.419 63.753 51.975 44.808 4.0 4.9 1.5
1957 111.626 66.428 63.632 52.888 45.268 4.2 -0.2 1.3
1958 113.138 67.095 63.220 52.077 44.256 5.8 -0.6 1.5
1959 114.582 67.936 63.868 52.481 44.376 6.0 1.0 1.5
1960 116.594 68.962 65.347 54.274 45.967 5.2 2.3 1.3
1961 118.155 70.447 65.776 53.683 45.119 6.6 0.7 1.4
1962 119.300 70.189 66.108 54.891 46.040 5.8 0.5 1.5
1963 121.463 71.146 67.072 56.116 46.912 5.7 1.5 1.5
1964 123.560 72.356 68.327 57.487 47.925 5.6 1.9 1.5
1965 125.647 73.569 69.997 59.583 49.646 4.9 2.4 1.6
1966 127.394 75.186 72.198 62.528 51.987 4.0 3.1 1.7
1967 128.909 76.639 73.671 65.407 54.092 3.9 2.0 1.8
1968 131.112 77.578 74.700 66.805 55.011 3.7 1.4 1.7
1969 133.324 79.523 76.805 69.438 57.229 3.4 2.8 1.8
1970 135.713 81.981 78.780 71.176 58.680 3.9 2.6 1.7
1971 138.795 83.850 78.864 70.866 57.988 5.9 0.1 1.6
1972 142.736 85.978 80.959 72.445 59.179 5.8 2.7 1.7
1973 145.720 87.487 83.161 75.620 61.930 4.9 2.7 1.7
1974 148.753 91.199 86.555 78.104 64.014 5.1 4.1 1.8
1975 151.755 93.128 85.627 77.297 62.673 8.1 -1.1 1.7
1976 154.853 94.934 87.400 78.506 63.537 7.9 2.1 1.7
1977 157.688 97.208 89.928 80.692 65.636 7.5 2.9 1.7
1978 160.617 100.873 94.384 84.595 68.984 6.4 5.0 1.7
1979 163.516 104.057 97.948 88.811 72.874 5.9 3.8 1.9
1980 166.544 106.562 99.879 90.800 74.599 6.3 2.0 1.9
1981 169.104 108.026 99.955 91.031 74.671 7.5 0.1 1.8
1982 171.335 109.089 99.692 90.557 74.516 8.6 -0.3 1.5
1983 173.354 110.695 99.161 88.981 72.958 10.4 -0.5 1.1
1984 175.533 112.209 103.201 92.657 76.647 8.0 4.1 1.4
1985 177.384 114.725 106.302 96.353 80.017 7.3 3.0 1.6
1986 179.670 116.682 108.887 98.710 81.995 6.7 2.4 1.7
1987 181.827 118.845 110.953 100.655 83.610 6.6 1.9 1.9
1988 183.822 120.969 114.016 103.728 86.363 5.7 2.8 1.8
1989 185.644 123.390 116.708 107.133 89.359 5.4 2.4 1.8
1990 188.413 125.833 119.081 109.151 91.000 5.4 2.0 1.7
1991 190.163 125.955 117.940 109.001 90.527 6.4 -1.0 1.6
1992 191.953 127.261 117.978 108.312 89.624 7.3 0.0 1.4
1993 193.962 128.400 119.075 109.725 90.824 7.3 0.9 1.2
1994 195.953 130.596 121.966 112.474 93.327 6.6 2.4 1.2
1995 197.753 132.038 124.663 116.378 96.981 5.6 2.2 1.5
1996 199.634 132.616 125.125 118.188 98.738 5.6 0.4 1.6
1997 202.285 135.456 128.298 121.231 101.638 5.3 2.5 1.7
1998 204.238 137.095 130.726 124.628 104.858 4.6 1.9 1.6
1999 206.719 139.003 133.027 127.480 107.396 4.3 1.8 1.6
2000 211.410 142.267 136.559 130.781 110.210 4.0 2.7 1.7
2001 213.888 143.800 137.778 132.469 111.634 4.2 0.9 1.6
2002 216.506 143.883 135.701 130.591 109.214 5.7 -1.5 1.4
2003 219.897 145.937 137.417 130.266 108.640 5.8 1.3 1.3
2004 222.161 146.842 138.472 130.420 108.882 5.7 0.8 1.1
2005 224.837 148.005 140.246 132.499 110.741 5.2 1.3 1.2
2006 227.553 150.148 143.129 135.155 113.293 4.7 2.1 1.5
2007 230.650 153.012 145.983 137.180 115.068 4.6 2.0 1.6
2008 232.616 153.873 146.317 138.080 115.689 4.9 0.2 1.5
2009 234.739 153.716 142.099 134.580 112.041 7.6
---------------------------------------------------------------------
U.S EMPLOYMENT (counts in millions)
Civilian Civilian Household Total Total Unemploy-
Noninst. Labor Survey Nonfarm Private ment
Year Mo Population Force Employed Employed Employed Rate
---- --- ---------- --------- --------- --------- --------- ---------
1998 Jan 204.238 137.095 130.726 124.628 104.858 4.6 4.6 0.0
1998 Feb 204.400 137.112 130.807 124.817 105.031 4.6 4.6 0.0
1998 Mar 204.547 137.236 130.814 124.961 105.169 4.7 4.7 0.0
1998 Apr 204.731 137.150 131.209 125.238 105.422 4.3 4.3 0.0
1998 May 204.899 137.372 131.325 125.639 105.764 4.4 4.4 0.0
1998 Jun 205.085 137.455 131.244 125.851 105.972 4.5 4.5 0.0
1998 Jul 205.270 137.588 131.329 125.970 106.040 4.5 4.5 0.0
1998 Aug 205.479 137.570 131.390 126.322 106.363 4.5 4.5 0.0
1998 Sep 205.699 138.286 131.986 126.540 106.555 4.6 4.6 0.0
1998 Oct 205.919 138.279 131.999 126.733 106.732 4.5 4.5 0.0
1998 Nov 206.104 138.381 132.280 127.017 106.973 4.4 4.4 0.0
1998 Dec 206.270 138.634 132.602 127.359 107.280 4.4 4.4 0.0
1999 Jan 206.719 139.003 133.027 127.480 107.396 4.3 4.3 0.0
1999 Feb 206.873 138.967 132.856 127.890 107.746 4.4 4.4 0.0
1999 Mar 207.036 138.730 132.947 127.996 107.828 4.2 4.2 0.0
1999 Apr 207.236 138.959 132.955 128.372 108.135 4.3 4.3 0.0
1999 May 207.427 139.107 133.311 128.585 108.356 4.2 4.2 0.0
1999 Jun 207.632 139.329 133.378 128.851 108.579 4.3 4.3 0.0
1999 Jul 207.828 139.439 133.414 129.142 108.803 4.3 4.3 0.0
1999 Aug 208.038 139.430 133.591 129.334 108.959 4.2 4.2 0.0
1999 Sep 208.265 139.622 133.707 129.536 109.132 4.2 4.2 0.0
1999 Oct 208.483 139.771 133.993 129.944 109.487 4.1 4.1 0.0
1999 Nov 208.666 140.025 134.309 130.238 109.742 4.1 4.1 0.0
1999 Dec 208.832 140.177 134.523 130.532 109.992 4.0 4.0 0.0
2000 Jan 211.410 142.267 136.559 130.781 110.210 4.0 4.0 0.0
2000 Feb 211.576 142.456 136.598 130.902 110.303 4.1 4.1 0.0
2000 Mar 211.772 142.434 136.701 131.374 110.641 4.0 4.0 0.0
2000 Apr 212.018 142.751 137.270 131.660 110.858 3.8 3.8 0.0
2000 May 212.242 142.388 136.630 131.885 110.738 4.0 4.0 0.0
2000 Jun 212.466 142.591 136.940 131.839 110.952 4.0 4.0 0.0
2000 Jul 212.677 142.278 136.531 132.002 111.135 4.0 4.0 0.0
2000 Aug 212.916 142.514 136.662 132.005 111.168 4.1 4.1 0.0
2000 Sep 213.163 142.518 136.893 132.127 111.392 3.9 3.9 0.0
2000 Oct 213.405 142.622 137.088 132.116 111.373 3.9 3.9 0.0
2000 Nov 213.540 142.962 137.322 132.347 111.587 3.9 3.9 0.0
2000 Dec 213.736 143.248 137.614 132.485 111.681 3.9 3.9 0.0
2001 Jan 213.888 143.800 137.778 132.469 111.634 4.2 4.2 0.0
2001 Feb 214.110 143.701 137.612 132.530 111.624 4.2 4.2 0.0
2001 Mar 214.305 143.924 137.783 132.500 111.555 4.3 4.3 0.0
2001 Apr 214.525 143.569 137.299 132.219 111.227 4.4 4.4 0.0
2001 May 214.732 143.318 137.092 132.175 111.146 4.3 4.3 0.0
2001 Jun 214.950 143.357 136.873 132.047 110.910 4.5 4.5 0.0
2001 Jul 215.180 143.654 137.071 131.922 110.737 4.6 4.6 0.0
2001 Aug 215.420 143.284 136.241 131.762 110.544 4.9 4.9 0.0
2001 Sep 215.665 143.989 136.846 131.518 110.276 5.0 5.0 0.0
2001 Oct 215.903 144.086 136.392 131.193 109.918 5.3 5.3 0.0
2001 Nov 216.117 144.240 136.238 130.901 109.575 5.5 5.5 0.0
2001 Dec 216.315 144.305 136.047 130.723 109.368 5.7 5.7 0.0
2002 Jan 216.506 143.883 135.701 130.591 109.214 5.7 5.7 0.0
2002 Feb 216.663 144.653 136.438 130.444 109.054 5.7 5.7 0.0
2002 Mar 216.823 144.481 136.177 130.420 108.989 5.7 5.7 0.0
2002 Apr 217.006 144.725 136.126 130.335 108.892 5.9 5.9 0.0
2002 May 217.198 144.938 136.539 130.328 108.814 5.8 5.8 0.0
2002 Jun 217.407 144.808 136.415 130.373 108.824 5.8 5.8 0.0
2002 Jul 217.630 144.803 136.413 130.276 108.732 5.8 5.8 0.0
2002 Aug 217.866 145.009 136.705 130.260 108.671 5.7 5.7 0.0
2002 Sep 218.107 145.552 137.302 130.205 108.659 5.7 5.7 0.0
2002 Oct 218.340 145.314 137.008 130.331 108.772 5.7 5.7 0.0
2002 Nov 218.548 145.041 136.521 130.339 108.758 5.9 5.9 0.0
2002 Dec 218.741 145.066 136.426 130.183 108.595 6.0 6.0 0.0
2003 Jan 219.897 145.937 137.417 130.266 108.640 5.8 5.8 0.0
2003 Feb 220.114 146.100 137.482 130.108 108.484 5.9 5.9 0.0
2003 Mar 220.317 146.022 137.434 129.896 108.286 5.9 5.9 0.0
2003 Apr 220.540 146.474 137.633 129.847 108.252 6.0 6.0 0.0
2003 May 220.768 146.500 137.544 129.841 108.274 6.1 6.1 0.0
2003 Jun 221.014 147.056 137.790 129.839 108.233 6.3 6.3 0.0
2003 Jul 221.252 146.485 137.474 129.864 108.231 6.2 6.2 0.0
2003 Aug 221.507 146.445 137.549 129.822 108.266 6.1 6.1 0.0
2003 Sep 221.779 146.530 137.609 129.925 108.421 6.1 6.1 0.0
2003 Oct 222.039 146.716 137.984 130.128 108.570 6.0 6.0 0.0
2003 Nov 222.279 147.000 138.424 130.146 108.611 5.8 5.8 0.0
2003 Dec 222.509 146.729 138.411 130.270 108.724 5.7 5.7 0.0
2004 Jan 222.161 146.842 138.472 130.420 108.882 5.7 5.7 0.0
2004 Feb 222.357 146.709 138.542 130.463 108.913 5.6 5.6 0.0
2004 Mar 222.550 146.944 138.453 130.801 109.213 5.8 5.8 0.0
2004 Apr 222.757 146.850 138.680 131.051 109.437 5.6 5.6 0.0
2004 May 222.967 147.065 138.852 131.361 109.747 5.6 5.6 0.0
2004 Jun 223.196 147.460 139.174 131.442 109.841 5.6 5.6 0.0
2004 Jul 223.422 147.692 139.556 131.489 109.883 5.5 5.5 0.0
2004 Aug 223.677 147.564 139.573 131.610 109.984 5.4 5.4 0.0
2004 Sep 223.941 147.415 139.487 131.770 110.135 5.4 5.4 0.0
2004 Oct 224.192 147.793 139.732 132.121 110.465 5.5 5.5 0.0
2004 Nov 224.422 148.162 140.231 132.185 110.493 5.4 5.4 0.0
2004 Dec 224.640 148.059 140.125 132.317 110.624 5.4 5.4 0.0
2005 Jan 224.837 148.005 140.246 132.499 110.741 5.2 5.2 0.0
2005 Feb 225.041 148.349 140.377 132.720 110.968 5.4 5.4 0.0
2005 Mar 225.236 148.366 140.626 132.841 111.096 5.2 5.2 0.0
2005 Apr 225.441 148.926 141.243 133.153 111.388 5.2 5.1 0.1
2005 May 225.670 149.273 141.600 133.365 111.576 5.1 5.1 0.0
2005 Jun 225.911 149.262 141.711 133.624 111.824 5.1 5.0 0.1
2005 Jul 226.153 149.445 142.029 133.946 112.087 5.0 5.0 0.0
2005 Aug 226.421 149.794 142.434 134.136 112.281 4.9 4.9 0.0
2005 Sep 226.693 149.977 142.407 134.223 112.379 5.0 5.1 -0.1
2005 Oct 226.959 150.007 142.551 134.321 112.504 5.0 5.0 0.0
2005 Nov 227.204 150.095 142.555 134.701 112.842 5.0 5.0 0.0
2005 Dec 227.425 150.002 142.783 134.861 112.989 4.8 4.8 0.0
2006 Jan 227.553 150.148 143.129 135.155 113.293 4.7 4.7 0.0
2006 Feb 227.763 150.600 143.424 135.429 113.556 4.8 4.7 0.1
2006 Mar 227.975 150.793 143.713 135.711 113.805 4.7 4.7 0.0
2006 Apr 228.199 150.906 143.763 135.862 113.940 4.7 4.7 0.0
2006 May 228.428 151.120 144.092 135.886 113.958 4.7 4.7 0.0
2006 Jun 228.671 151.398 144.358 135.956 114.007 4.6 4.6 0.0
2006 Jul 228.912 151.414 144.247 136.142 114.157 4.7 4.7 0.0
2006 Aug 229.167 151.762 144.644 136.291 114.292 4.7 4.7 0.0
2006 Sep 229.420 151.680 144.806 136.438 114.384 4.5 4.5 0.0
2006 Oct 229.675 152.027 145.289 136.520 114.461 4.4 4.4 0.0
2006 Nov 229.905 152.425 145.587 136.781 114.707 4.5 4.5 0.0
2006 Dec 230.108 152.677 145.989 137.000 114.919 4.4 4.4 0.0
2007 Jan 230.650 153.012 145.983 137.180 115.068 4.6 4.6 0.0
2007 Feb 230.834 152.879 145.992 137.216 115.091 4.5 4.5 0.0
2007 Mar 231.034 153.004 146.267 137.400 115.250 4.4 4.4 0.0
2007 Apr 231.253 152.522 145.647 137.435 115.260 4.5 4.5 0.0
2007 May 231.480 152.759 145.915 137.591 115.388 4.5 4.5 0.0
2007 Jun 231.713 153.085 146.057 137.645 115.400 4.6 4.6 0.0
2007 Jul 231.958 153.101 145.972 137.580 115.415 4.7 4.7 0.0
2007 Aug 232.211 152.855 145.732 137.552 115.339 4.7 4.7 0.0
2007 Sep 232.461 153.424 146.203 137.652 115.389 4.7 4.7 0.0
2007 Oct 232.715 153.162 145.867 137.817 115.521 4.8 4.8 0.0
2007 Nov 232.939 153.877 146.665 138.032 115.707 4.7 4.7 0.0
2007 Dec 233.156 153.836 146.294 138.152 115.783 4.9 5.0 -0.1
2008 Jan 232.616 153.873 146.317 138.080 115.689 4.9 4.9 0.0
2008 Feb 232.809 153.498 146.075 137.936 115.515 4.8
2008 Mar 232.995 153.843 146.023 137.814 115.373 5.1
2008 Apr 233.198 153.932 146.257 137.654 115.203 5.0
2008 May 233.405 154.510 145.974 137.517 115.029 5.5
2008 Jun 233.627 154.400 145.738 137.356 114.834 5.6
2008 Jul 233.864 154.506 145.596 137.228 114.691 5.8
2008 Aug 234.107 154.823 145.273 137.053 114.497 6.2
2008 Sep 234.360 154.621 145.029 136.732 114.197 6.2
2008 Oct 234.612 154.878 144.657 136.352 113.813 6.6
2008 Nov 234.828 154.620 144.144 135.755 113.212 6.8
2008 Dec 235.035 154.447 143.338 135.178 112.645 7.2
2009 Jan 234.739 153.716 142.099 134.580 112.041 7.6
-----------------------------------------------------------------------------------------------------------------------
CHANGE IN POPULATION, LABOR FORCE, AND EMPLOYMENT BY PRESIDENTIAL TERM (in thousands)
Count (in thousands) Monthly Average Change (in thousands)
-------------------------------------------- --------------------------------------------
Popu- Labor Househld Nonfarm Private Popu- Labor Househld Nonfarm Private No. of
President Mo Year lation Force Survey Employed Employed lation Force Survey Employed Employed Months
----------- --- ---- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- --------
Roosevelt Jan 1941 34480 30012 154.6 117.4 48
Truman Jan 1945 41903 35649 57.8 65.3 48
" Jan 1949 103529 60771 58175 44675 38781 63.9 55.6 71.4 114.0 95.2 48
Eisenhower Jan 1953 106594 63439 61600 50145 43351 104.8 62.3 42.3 57.1 39.9 48
" Jan 1957 111626 66428 63632 52888 45268 136.0 83.7 44.7 16.6 -3.1 48
Kennedy Jan 1961 118155 70447 65776 53683 45119 156.1 65.0 87.9 122.9 94.3 48
Johnson Jan 1965 125647 73569 69997 59583 49646 159.9 124.0 141.8 205.3 158.0 48
Nixon Jan 1969 133324 79523 76805 69438 57229 258.3 165.9 132.4 128.8 97.9 48
Nixon/Ford Jan 1973 145720 87487 83161 75620 61930 249.3 202.5 141.0 105.7 77.2 48
Carter Jan 1977 157688 97208 89928 80692 65636 237.8 225.4 208.9 215.4 188.2 48
Reagan Jan 1981 169104 108026 99955 91031 74671 172.5 139.6 132.2 110.9 111.4 48
" Jan 1985 177384 114725 106302 96353 80017 172.1 180.5 216.8 224.6 194.6 48
G.H. Bush Jan 1989 185644 123390 116708 107133 89359 173.3 104.4 49.3 54.0 30.5 48
Clinton Jan 1993 193962 128400 119075 109725 90824 173.4 147.0 192.1 239.7 225.3 48
" Jan 1997 202285 135456 128298 121231 101638 241.7 173.8 197.5 234.1 208.3 48
G.W. Bush Jan 2001 213888 143800 137778 132469 111634 228.1 87.6 51.4 0.6 -18.6 48
" Jan 2005 224837 148005 140246 132499 110741 206.3 119.0 38.6 43.4 27.1 48
Jan 2009 234739 153716 142099 134580 112041
-----------------------------------------------------------------------------------------------------------------------
NONFARM AND HOUSEHOLD SURVEY EMPLOYMENT BY PRESIDENTIAL TERM (millions)
Nonfarm Employment Household Survey Employment
----------------------------------- -----------------------------------
President Mo Year Year + 0 Year + 1 Year + 2 Year + 3 Year + 0 Year + 1 Year + 2 Year + 3
----------- --- ---- -------- -------- -------- -------- -------- -------- -------- --------
Roosevelt Jan 1941 34.5 38.3 42.2 42.7
Truman Jan 1945 41.9 39.8 43.5 44.7 58.1
" Jan 1949 44.7 43.5 47.3 48.3 58.2 57.6 59.6 60.5
Eisenhower Jan 1953 50.1 49.5 49.5 52.0 61.6 60.0 60.8 63.8
" Jan 1957 52.9 52.1 52.5 54.3 63.6 63.2 63.9 65.3
Kennedy Jan 1961 53.7 54.9 56.1 57.5 65.8 66.1 67.1 68.3
Johnson Jan 1965 59.6 62.5 65.4 66.8 70.0 72.2 73.7 74.7
Nixon Jan 1969 69.4 71.2 70.9 72.4 76.8 78.8 78.9 81.0
Nixon/Ford Jan 1973 75.6 78.1 77.3 78.5 83.2 86.6 85.6 87.4
Carter Jan 1977 80.7 84.6 88.8 90.8 89.9 94.4 97.9 99.9
Reagan Jan 1981 91.0 90.6 89.0 92.7 100.0 99.7 99.2 103.2
" Jan 1985 96.4 98.7 100.7 103.7 106.3 108.9 111.0 114.0
G.H. Bush Jan 1989 107.1 109.2 109.0 108.3 116.7 119.1 117.9 118.0
Clinton Jan 1993 109.7 112.5 116.4 118.2 119.1 122.0 124.7 125.1
" Jan 1997 121.2 124.6 127.5 130.8 128.3 130.7 133.0 136.6
G.W. Bush Jan 2001 132.5 130.6 130.3 130.4 137.8 135.7 137.4 138.5
" Jan 2005 132.5 135.2 137.2 138.1 140.2 143.1 146.0 146.3
Jan 2009 134.6 142.1
--------------------------------------------------------------------------------------------------
NONFARM AND HOUSEHOLD SURVEY EMPLOYMENT GROWTH BY PRESIDENTIAL PARTY (percent annualized)
Nonfarm Employment Growth Household Survey Employment Growth
----------------------------------- -----------------------------------
1-Year 2-Year 2-Year 1-Year 2-Year 2-Year
President Mo Year No Lag Lag Lag^ Skip^ No Lag Lag Lag Skip Party
----------- --- ---- -------- -------- -------- -------- -------- -------- -------- -------- -----
Roosevelt Jan 1941 3.2 2.1 1.3 1.7 Dem
Truman Jan 1945
" Jan 1949 1.4 1.0 0.5 1.6 Dem
Eisenhower Jan 1953 0.9 1.3 1.6 1.4 0.8 1.2 1.2 1.3 Rep
" Jan 1957
Kennedy Jan 1961 3.3 3.3 3.0 3.6 2.0 2.2 2.0 2.3 Dem
Johnson Jan 1965
Nixon Jan 1969 1.9 2.2 2.9 2.2 2.0 2.3 2.7 2.2 Rep
Nixon/Ford Jan 1973
Carter Jan 1977 3.1 1.7 0.0 1.2 2.7 1.4 0.3 1.0 Dem
Reagan Jan 1981 1.6 1.8 2.3 2.1 1.5 1.7 1.9 1.8 Rep
" Jan 1985
G.H. Bush Jan 1989
Clinton Jan 1993 2.4 1.9 1.4 2.2 1.8 1.3 1.2 1.7 Dem
" Jan 1997
G.W. Bush Jan 2001 0.2 0.4 0.5 0.5 0.4 0.7 0.6 0.6 Rep
" Jan 2005
Jan 2009
All Democrats 3.0 2.3 1.6 2.3 2.0 1.6 1.2 1.8
All Republicans 1.2 1.5 1.9 1.6 1.2 1.5 1.7 1.5
^ 2-Year Lag lags by 2 years (for example, Jan 1995 to Jan 2003 would be counted for Clinton);
2-Year Skip skips the first 2 years (for example, Jan 1995 to Jan 2001 would be counted for
Clinton and Jan 1993 to Jan 1995 and Jan 2001 to 2003 would be counted for nobody)
--------------------------------------------------------------------------------------------------
NONFARM AND HOUSEHOLD SURVEY EMPLOYMENT GROWTH BY BUSINESS CYCLE
(percent annualized over specified span of years)
Nonfarm Employment Growth Household Survey Employment Growth
--------------------------- ----------------------------------
Peak Trough Trough Peak Trough Trough
President Year to Peak to Peak to Trough to Peak to Peak to Trough
--------------- ---- -------- -------- --------- -------- -------- ---------
45-53 46-53 46-54
Truman 1945 2.3 3.3 2.7
53-60 54-60 54-61 53-60 54-60 54-61
Eisenhower 1953 1.1 1.6 1.2 0.8 1.4 1.3
60-70 61-70 61-71 60-70 61-70 61-71
Kennedy/Johnson 1961 2.7 3.2 2.8 1.9 2.0 1.8
70-74 71-74 71-75 70-74 71-74 71-75
Nixon 1969 2.3 3.3 2.2 2.4 3.2 2.1
74-81 75-81 75-83 74-81 75-81 75-83
Ford/Carter 1973 2.2 2.8 1.8 2.1 2.6 1.9
81-90 83-90 83-92 81-90 83-90 83-92
Reagan/Bush 1981 2.0 3.0 2.2 2.0 2.6 1.9
90-01 92-01 92-03 90-01 92-01 92-03
Clinton 1993 1.8 2.3 1.7 1.3 1.7 1.4
01-08 03-08 03-09 01-08 03-08 03-09
G.W. Bush 2001 0.6 1.2 0.5 0.9 1.3 0.6
Note: Calculations are for January of all years. The peaks and troughs are those
observed from Nonfarm Employment in the first table above. These are nearly
all within 6 months of the peaks and troughs for business cycle expansions
and contractions given by the National Bureau of Economic Research (NBER) at
http://www.nber.org/cycles/cyclesmain.html. The exceptions are January 1992
(10 months after March 1991), January 2003 (14 months after November 2001),
and January 2009 (NBER has not yet indicated a trough after December 2007).
----------------------------------------------------------------------------------------
Source: Bureau of Labor Statistics
Survey Series Id Series Name
--------- ------------- ----------------------------------------------
Household LNU00000000 Civilian noninstitutional population
Household LNS11000000 Civilian Labor Force Level
Household LNS12000000 Employment Level - Civilian Labor Force
Household LNS14000000 Unemployment Rate - Civilian Labor Force
Payroll CES0000000001 Total Nonfarm Employment - Seasonally Adjusted
Payroll CES0500000001 Total Private Employment - Seasonally Adjusted