recession: But how does he stack up versus recent presidents Let's go to the numbers, according to Market Watch. The economy has added more than 11 million jobs since Obama took office near the end of the 2007-2009 recession, the worst downturn since the 1930s. President Barack Obama is leaving behind an economy much better off than the one he inherited. That's pushed the unemployment down to a fresh low of 4.6% from a peak of 10% in the wake of the Great Recession. Caption outside of wrapper for normal article images Worker pay is also rising after years of meager gains, spawning more complaints among businesses about a short of good help for hire. More data on that is due on Friday from the Labor Department.
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Tagged under recession, economy topics.