Quote:
Originally posted by Kadath
You're right! It also sucked pretty hard during Reagan's tenure, and Bush Sr's, and Ford's.
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There are probably very few Presidents who didn't see crappy unemployment/employment numbers in at least one or two years of their Presidencies.
Full employment is estimated to be around the 5% (plus or minus a percentage point or so) unemployment mark as there are always going to be some industries restructuring and some employees in the process of relocating, changing careers, etc.