The U.S. Economy, Job Creation and the Unemployment Rate for July 2025.

 The U.S. Labor Department reported the economy added 73,000 jobs in July and the unemployment rate came in at 4.2%, it was 4.1% in June.  It was the 54th straight month of positive job growth.  The department also reported job creation for the previous 3 months were adjusted down by 258,000 jobs.  July's job numbers surprised no one except those who do not understand past precedent of GOP administrations for the past 90 years.

In Trump's first 7 months in office, 962,000 jobs were created and during his 55 months in office as President (first term plus 7 months in present term) his administration has lost 1,738,000 jobs.  (2.7 million in first term less 962,000 created in his first 7 months in office in his present term.  The unemployment rate when Biden left office was 4% and in July 2025 it was 4.2% so unemployment is up on Trump's watch so far.

In July 2021, Biden's first term in office 943,000 jobs were created and for the first 7 months of his administration 3,917,000 jobs were created.  The unemployment rate in July 2021 was 5.4% and when he took office it was 6.3%, unemployment was down on Biden's watch.

The GDP for the 2nd quarter of 2025 on Trump's watch was 3%.  The GDP for the 2nd quarter of 2021 on Biden's watch was 6.7%.  At the end of June 2025 inflation was 0.6% higher than the Feds 2% target area and for the year 2021 during Biden's administration, inflation stayed within Feds target area.

It should be understood that July's job numbers are only one month of data and should not be taken as a trend. The most important thing to remember that GOP administration have a poor record on the economy that goes back the last 90 years except for the Reagan administration.  And during the past 90 years the Reagan administration is the only GOP President that left office with a lower unemployment rate than when taking office.  That tells the story of a GOP that is terrible when it comes to creating jobs and governing over a good economy.  During that same period of time, every democratic administration except one left office with a lower unemployment rate than when taking office.  And that one was President Carter as the unemployment rate on his watch was the same when he left office as when he took office.

The numbers here in tells the story that the Biden administration governed the economy much better than Trump has done in both his first term and 7 months into his second term.  The media, Trump, the GOP and the negative voices lied about Biden's economy because he was a quiet President who got the job done.  They even tried to sell the notion of a economic recession that would take place on Biden's watch and were wrong for two years running.

What is taking place on Trump's watch so far in 2025 was predicted in several PolitiDose commentaries in December 2024 and January 2025.  PolitiDose commentary even predicted what would take place in Trump's first term prior to taking office and what would take place during President George W. Bush's administration before he took office.  Precedent tells us that future GOP administrations will be like the failed past. 

And that really says it all.

This commentary written by Joe Lorio 

Note:  The Labor Department's revision of 258,000 jobs were not included in any of Trump's job numbers shown in this commentary.  The adjustments will come at the end of the year.