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By Joseph Lazzaro, U.S. Editor
To say that jobs, job growth, and finding a good-paying job have been on the minds of millions of Americans would be an understatement, given that the U.S. unemployment rate is at an unacceptably high 9.1 percent.
Who creates more jobs per year, on average -- Democratic presidents or Republican presidents? The answer may surprise you.
The latest US business and financial news as well as issues and events Sample
Further, one thing that political science research teaches us is job growth -- and a U.S. president's ability to maintain strong job growth and keep unemployment low -- historically has been a factor concerning whether that president is re-elected or not.
Simply, if job growth is adequate and the U.S. unemployment rate is low or falling, good things tend to result for the sitting president in the next election. The reverse, bad things.
Further, the trend is important: unemployment could be high early in an election year, as it was in 1984 during President Ronald Reagan's re-election year, but if jobs are being created that year and the U.S. economy is growing, Americans will "stay with the policies that are succeeding" and, all other factors being equal, re-elect the sitting president, as was the case in 1984, when incumbent President Ronald Reagan, R-Calif., defeated challenger, former Vice President Walter Mondale, D-Minn.
Which Party Creates More Jobs?
Which begs an obvious question: in the modern era starting with the President Franklin D. Roosevelt's presidency in 1933, presidents from which political party created more jobs -- Democratic presidents or Republican presidents?
The Republican Party claims that it is the party of pro-business, pro-growth, and pro-job creating policies.
That may very well be the GOP marquee, but U.S. Labor Department data indicates otherwise: Democratic U.S. Presidents have created more jobs per year than Republican U.S. presidents.
Over 40 years Democratic presidents created 73.22 million jobs or 1.83 million per year.
The Democratic total and averages are 71.57 million jobs and 1.647 million per year, respectively, if you include the current, partial term for President Barack Obama.
Meanwhile, over 36 years Republican presidents created 34.78 million jobs or 966,388 per year.
The biggest job creator? President Bill Clinton -- who created a staggering 22.74 million jobs during the "Roaring 90s," good for an average of 2.84 million jobs per year.
To say that jobs, job growth, and finding a good-paying job have been on the minds of millions of Americans would be an understatement, given that the U.S. unemployment rate is at an unacceptably high 9.1 percent.
Who creates more jobs per year, on average -- Democratic presidents or Republican presidents? The answer may surprise you.
The latest US business and financial news as well as issues and events Sample
Further, one thing that political science research teaches us is job growth -- and a U.S. president's ability to maintain strong job growth and keep unemployment low -- historically has been a factor concerning whether that president is re-elected or not.
Simply, if job growth is adequate and the U.S. unemployment rate is low or falling, good things tend to result for the sitting president in the next election. The reverse, bad things.
Further, the trend is important: unemployment could be high early in an election year, as it was in 1984 during President Ronald Reagan's re-election year, but if jobs are being created that year and the U.S. economy is growing, Americans will "stay with the policies that are succeeding" and, all other factors being equal, re-elect the sitting president, as was the case in 1984, when incumbent President Ronald Reagan, R-Calif., defeated challenger, former Vice President Walter Mondale, D-Minn.
Which Party Creates More Jobs?
Which begs an obvious question: in the modern era starting with the President Franklin D. Roosevelt's presidency in 1933, presidents from which political party created more jobs -- Democratic presidents or Republican presidents?
The Republican Party claims that it is the party of pro-business, pro-growth, and pro-job creating policies.
That may very well be the GOP marquee, but U.S. Labor Department data indicates otherwise: Democratic U.S. Presidents have created more jobs per year than Republican U.S. presidents.
Over 40 years Democratic presidents created 73.22 million jobs or 1.83 million per year.
The Democratic total and averages are 71.57 million jobs and 1.647 million per year, respectively, if you include the current, partial term for President Barack Obama.
Meanwhile, over 36 years Republican presidents created 34.78 million jobs or 966,388 per year.
The biggest job creator? President Bill Clinton -- who created a staggering 22.74 million jobs during the "Roaring 90s," good for an average of 2.84 million jobs per year.
