Some have claimed that this administration has the worst record for unemployment imaginable. That isn't true in fact the Bush administration is probably doing a little better than average when one considers the unemployment numbers in this country year-by-year since 1939. Here are some numbers derived from the Bureau of Labor Statistics. I have provided a link to the raw data, if anyone would like to check my figures.
Bureau of Labor Statistics
The average unemployment between 1939-2001 was 5.77
FDR's administration had both the highest unemployment and the lowest. Both numbers are easily accounted for
the Great Depression was still a major factor in 1939, and war production in 1944 was the closest we've ever come to full employment.
Unemployment in the Reagan's first three years was the worst since 1939-31, and only slightly better than Ford's three years in office. Unemployment steadily decreased in Reagan's administration, but his overall average is only slightly better than Ford's record after only three years.
I expected unemployment to be pretty low during Truman's administration, but was surprised to find that LBJ's average was actually slightly lower.
Democrats average unemployment of 5.31 over 35 years in the White House.
Republicans average unemployment of 6.35 over 28 years in the White House.
I couldn't figure out how to post a properly formatted table, so I hope the use of color here will make the information readable.
LOWEST HIGHEST AVERAGE
FDR
1.2 17.2 7.34
TRUMAN
2.9 5.9 4.08
EISENHOWER
4.1 6.7 5.35
JFK
5.5 5.7 5.6
LBJ
3.5 5.2 4.07
NIXON
4.9 5.9 5.38
FORD
7.1 8.5 7.77
CARTER
5.8 7.6 6.65
REAGAN
5.3 9.7 7.25
BUSH
5.6 7.5 6.7
CLINTON
4 6.1 4.94