The last tally is in: 11.3 million brand-new jobs were created under president Obama.

The chairman is explain a big victory on gaining Americans earlier to work again.




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"Businesses that were bleeding work unleashed the longest streak the job development on record," Obama created in a letter to the American world this week.

He"s right: The economy has included jobs because that 75 right months, return his overall jobs profit aren"t as solid as some prior presidents.

The U.S. Included 15.9 million tasks under chairman Ronald Reagan and a whopping 22.9 million under President bill Clinton if friend look at how numerous Americans were employed in the last complete month they to be in office versus the January when they were sworn in.


Obama walk outpace president George W. Shrub though. Bush is in the earlier of the pack amongst recent presidents who offered two terms. Just 2.1 million jobs were included during Bush"s full tenure.

Related: unemployment closes out at a short 4.7%

might Obama have actually done better? His supporters point out that he faced a severe an obstacle that other presidents walk not.

"There"s a dramatic difference between what Barack Obama to be handed and also what Donald Trump will certainly be stepping into," says mark Hamrick, senior economic analyst in ~ Bankrate.com.

He take it office in January 2009 -- in the depth of the good Recession -- as soon as the U.S. To be bleeding nearly 800,000 work a month. It to be the worst financial hole America had actually seen since the good Depression of the 1930s.

Obama himself dubbed it a "moment of danger unlike any we"d watched in decades."

Congress and also President Obama acted rapidly with a economic stimulation package that spent large audioeditorfree.com top top roads and other jobs and additionally gave people tax cuts. The goal to be to gain people ago to work.

It take it awhile to kick in, however businesses finally started adding jobs through the finish of 2010. Since then, the gains have actually accelerated: 2014 and 2015 turned out to be the best years for work gains since the so late 1990s.

Related: These room the top-paying work in America

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The unemployment price peaked in ~ 10% and is now ago down to 4.7% -- a level many take into consideration normal because that a healthy economy.

"The economy is at full employment. This is it," states Chris Rupkey, chief financial economist at MUFG Union Bank. "The pool is all however drained specifically for professional workers."

over there is an ongoing debate around how "good" the jobs added were. Almost all of the employment gains under Obama were so-called company jobs. Several of those space high-paying choose nursing and tech, yet others are low-wage, favor retail and also restaurant jobs. One economist found that 47% that the jobs produced under Obama room in the "high-wage" category.

among Obama"s regrets is that he wasn"t able come do an ext to reduce inequality in America.

See more: How Many Pardons Has President Obama Granted, Who Did Barack Obama Pardon

"We need to acknowledge the inequality that has come from an progressively globalized economic climate while committing ourselves to making that work far better for everyone, not just those at the top," he said in his letter.