Trump’s rocky history with unemployment just hit a new low

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When employment or inflation figures contradict President Donald Trump’s favored economic narrative, he generally presents alternative statistics to cast a more favorable perspective on the economy. However, Trump’s most recent initiative invites Americans to embrace a somewhat perplexing rationale. Following the rise of America’s unemployment rate to a four-year high of 4.6% in November, Trump contended that the job market is significantly more favorable than it seems. His reasoning is that he could swiftly reintegrate millions of Americans into the workforce – yet he chooses not to. “Now, if I aim to achieve favorable metrics, I’ll incorporate 300,000 jobs.” Trump stated”I can do it with one phone call.” He stated that, should he choose to do so, he could compel government agencies to restore jobs that were lost this year due to a mix of resignations, attrition, and staffing reductions initiated by the Department of Government Efficiency. “They will be hired without delay.” They will influx. The 4.5% would swiftly decline to 2.5% in a matter of moments. “I could get it down to zero – hire a couple of million workers,” Trump stated. “However, that represents the devastation of a nation.”

Trump’s argument is replete with factual inaccuracies. It is hardly unexpected, given his history of questioning employment data over the past ten years – starting with his erroneous claim during the 2016 presidential campaign that the unemployment rate stood at 42%, and culminating in his dismissal of the Bureau of Labor Statistics commissioner this summer due to revisions indicating a more unfavorable labor market than earlier assessments suggested. However, the most critical issue with Trump’s message is that he is once again urging individuals to disregard their personal experiences of a declining job market and to accept an alternative depiction of America’s economy that fails to align with the actual situation. Trump misstated several facts in his recent denial of the unemployment rate, notably that the current unemployment rate is 4.6%, as reported by the BLS, rather than the 4.5% he claimed. Trump asserted that he could reduce the unemployment rate to 2.5% by reinstating all 271,000 employees removed from US government payrolls this year. However, Trump underestimated the requirement by a factor of 13 – federal agencies would need to hire an additional 3.5 million personnel to achieve that goal. Currently, the workforce of the US government stands at 2.7 million individuals, with historical data indicating that the federal government has never surpassed an employment figure of 3.4 million people.

Restoring all 271,000 positions lost in the federal workforce would result in a reduction of the unemployment rate to a mere 4.4%. Achieving an unemployment rate of “zero” would require significantly more than the few million government employees proposed by Trump; in fact, federal agencies would need to expand their workforce by 7.8 million positions. Historically, zero unemployment has remained an unattainable goal; the lowest recorded unemployment rate in the United States stands at 2.5%, a figure last reached in June 1953. The increase in the unemployment rate to 4.6% from 4% since Trump assumed office can be attributed to the addition of 982,000 more unemployed individuals in November compared to January. Government work accounts for merely a small portion of that. Trump’s calculations appear to lack precision; however, his fundamental assertion that the US job market is considerably more robust than the unemployment rate indicates is equally questionable. The US economy has experienced job losses in three of the last six months, and projections for 2025 indicate it may record the lowest job growth since 2020.

The lived experience of the majority within the labor force indicates a stagnation in the job market: Individuals without employment are increasingly voicing frustrations about their inability to secure a position, while those currently employed are holding onto their jobs with considerable tenacity. The period characterized by quiet quitting has concluded. Quitting has generally fallen out of favor this year, as individuals remain in their positions for extended periods: The proportion of employees who voluntarily left their jobs decreased to a five-year low in October. The challenges facing America’s stagnant job market are compounded by a disconnect between the sectors that are actively recruiting and the individuals who find themselves unemployed. For instance, employment opportunities are expanding within the health care sector; however, a rising number of individuals in the leisure, transportation, and manufacturing industries are facing unemployment.

The employment landscape is increasingly challenging for lower-income workers compared to their higher-income counterparts, with Black unemployment witnessing a notable uptick, surpassing 8% in November for the first time in four years. By disregarding the economic realities faced by individuals in their daily lives, Trump is obscuring his economic narrative and repeating the political misstep that plagued his predecessor, former President Joe Biden, which played a role in the Democrats’ loss of the White House in 2024. Trump has engaged in a prolonged contest with the veracity of the unemployment rate and various employment statistics over the past decade. During his 2016 presidential campaign, as the unemployment rate dipped below 5%, Trump inaccurately claimed, “The number’s probably 28, 29, as high as 35.” In fact, I recently came across a figure of 42%. In March 2017, following the release of the inaugural comprehensive jobs report of Trump’s presidency, the unemployment rate decreased from 4.8% to 4.7%. Trump subsequently asserted that the previously deemed “fake” figures were now considered “real. I talked to the president prior to this and he said to quote him very clearly: ‘They may have been phony in the past, but it’s very real

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