Joe Biden has regularly touted how well job creation is going on his watch, saying that more jobs were created in his two years than any president created in a single four-year term. This achievement needs asterisks.
By Mark Naymik • July 28, 2010
The most basic way of correcting for these variations is to determine the jobs gained per year in office. This metric is a strong one for Biden: His job growth per year is roughly double that of any other president’s.The longer presidents serve in office, the likelier it is they will encounter an economic downturn. And the job losses during economic downturns are what hamper the job-creation averages for presidents.
Biden has been fortunate: His strong monthly job-creation averages reflect the economic cycle when he entered office. He was inaugurated in January 2021, as the nation was recovering from the steep and sudden job losses stemming from the pandemic’s onset in 2020. The jobs recovery began under Trump, but because he was out of office only eight months into the recovery, much of the job gains accrued during Biden’s time in the White House.
In raw numbers, Biden did oversee greater job growth than any post-World War II president’s first term in office .
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