Jan 10, 2025 - Business
Biden job gains top Trump and Obama
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The U.S. economy added 2.23 million jobs in 2024, including 256,000 in the final full month of Joe Biden's presidency.
The big picture: There have been more jobs gained under Biden's term than under the full terms of former Presidents Trump, Obama, or George W. Bush.
By the numbers: Biden is now at +16.1 million, aided by the post-pandemic economic recovery.
- Trump oversaw 2.1 million job losses, although there were 6.6 million jobs added during his first three years in office (i.e., pre-pandemic years).
- Obama oversaw 7.1 million job gains, with losses at the beginning of his first term due to the Great Financial Crisis.
- Bush oversaw 5.2 million job gains.
- Bill Clinton has a stronger record than any of his successors, with a total of 23 million jobs added, although his annual average trails that of Biden.
Go deeper: Hot jobs surprise gives Fed breathing room
