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The Obama economy in 10 charts

  • January 07, 2017
  • Business

President Obama took bureau on Jan 20, 2009 in a midst of a Great Recession. Unemployment was skyrocketing as businesses laid off workers. It appearance during 10.3% in Oct 2009 (it would after be revised to 10%), a misfortune turn in 26 years.

At a finish of Obama’s term, businesses are employing and stagnation has depressed back to only 4.7% — a thoughtfulness of a healthy economy. However, labor force appearance (a imagination approach of referring to a commission of operative U.S. adults) is during a lowest turn given a late 1970s. The categorical reason is that Baby Boomers are retiring, total with a shred of a race who stopped looking for work since they can’t find anything.

Article source: http://rss.cnn.com/~r/rss/edition_business/~3/GkN5C9pkJZI/index.html

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