The American economy appears to be in good health as Donald Trump prepares to become the 45th president of the United States. Trump will be inaugurated on Friday, January 20. Economic conditions were far different when Barack Obama was sworn-in as president in January 2009. Obama took office during one of the worst recessions in American history. Unemployment levels reached 10 percent. The recession slowed that summer, but the economy did not fully recover for many more months. Trump, on the other hand, takes over an economy that has added jobs in each of the past 75 months. During that period, nearly 11 million jobs have been created. Mark Hamrick reports on economic news and is Washington Bureau Chief for the website Bankrate.com. He says Obama is leaving office with a strong economy.
Unemployment levels reached ten percent.
fifteen
ten
twenty
fifty
What does recession mean?
a new president
a strong economy
a period of economic decline
job growth
When was one of the worst recessions in American history?
when Obama took office
when job growth was strong
in the summer
when Trump took office