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Jobs under Ronald Reagan

Nonfarm payroll jobs · Republican · Jan 20, 1981 – Jan 20, 1989

Under Ronald Reagan, the number of payroll jobs went from 90.9 million jobs in Dec 1980 to 106.9 million jobs in Dec 1988, up 16.0 million jobs (+17.5%). That is +1.99 million jobs/yr, against +2.62 million jobs/yr in the four years before. Ranked by yearly change, it is the 4th-fastest rise of the 8 completed terms since 1977.

CarterJimmy Carter (Democratic)ReaganRonald Reagan (Republican)BushGeorge H. W. Bush (Republican)Recession (NBER)Recession (NBER)Recession (NBER)75808590951001051101151978198019821984198619881990

Total jobs on US nonfarm payrolls (Current Employment Statistics survey, seasonally adjusted). The change over a term is the number of jobs added or lost. Source: Bureau of Labor Statistics, via FRED PAYEMS. Monthly data, fetched Oct 19, 2026. The chart runs from four years before the term to two years after it.

Jobs under Reagan, year by year

Highest reading during the term: 106.9 million jobs in Dec 1988. Lowest: 88.8 million jobs in Dec 1982.

PeriodValueChange
Dec 1980, before inauguration90.9 million jobs
Dec 198190.9 million jobs0.0 million jobs
Dec 198288.8 million jobs−2.1 million jobs
Dec 198392.2 million jobs+3.5 million jobs
Dec 198496.1 million jobs+3.9 million jobs
Dec 198598.6 million jobs+2.5 million jobs
Dec 1986100.5 million jobs+1.9 million jobs
Dec 1987103.7 million jobs+3.2 million jobs
Dec 1988106.9 million jobs+3.2 million jobs

Jobs under every president

Terms sorted by yearly change, fastest rise first, each next to the trend over the four years before it. A term's first year mostly reflects the previous administration's policies, and Congress, the Fed and the world economy move this number too. Why nothing here is a score.

PresidentDuring term4 years before
Joe Biden
2021–2025
142.5 million jobs → 158.3 million jobs
+3.94 million jobs/yr
−0.71 million jobs/yr
Bill Clinton
1993–2001
109.5 million jobs → 132.7 million jobs
+2.90 million jobs/yr
+0.65 million jobs/yr
Jimmy Carter
1977–1981
80.4 million jobs → 90.9 million jobs
+2.62 million jobs/yr
+1.29 million jobs/yr
Ronald Reagan
1981–1989
90.9 million jobs → 106.9 million jobs
+1.99 million jobs/yr
+2.62 million jobs/yr
Barack Obama
2009–2017
134.8 million jobs → 145.4 million jobs
+1.32 million jobs/yr
+0.55 million jobs/yr
George H. W. Bush
1989–1993
106.9 million jobs → 109.5 million jobs
+0.65 million jobs/yr
+2.70 million jobs/yr
Donald Trump (2nd term)
2025–present
158.3 million jobs → 159.0 million jobs
+0.42 million jobs/yr · through Sep 2026
+3.94 million jobs/yr
George W. Bush
2001–2009
132.7 million jobs → 134.8 million jobs
+0.27 million jobs/yr
+2.89 million jobs/yr
Donald Trump (1st term)
2017–2021
145.4 million jobs → 142.5 million jobs
−0.71 million jobs/yr
+2.58 million jobs/yr

Every term lined up from inauguration day on one chart · Nonfarm payroll jobs by president since 1980

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