Obama Economy

Obama Economy: 9.9 Million More Employed, But 14.6 Million Left Labor Force

Labor force participation rate for women, minorities, and veterans declined

Barack ObamaSince President Barack Obama took office in January 2009, the number of employed Americans increased by 9.9 million, but there were 14.6 million more who left the labor force, according to the latest numbers from the Bureau of Labor Statistics.

The Obama Economy: Slowest Recovery Since 1949

Analyst: ‘Chances for an official recession this year or next are very high’

The pace of economic growth in the United States since the end of the recession in 2009 has been slower than that of the previous 10 expansions, with the worst rate since at least 1949, according to a report from the Congressional Research Service.