The WSJ puts out monthly a jobs reports in 15 figures (See the one below). The latest one is from October 2016. In the figure on job unemployment rate it is seen that the unemployment rate for workers without high school degrees over 25 has been comparable to 2007 for awhile., although the more educated are only somewhat above the 2007 lows. I really don't understand all the anger. Actually I think I do understand it and it isn't pretty.
But I hope the anger may be that the unemployment rate rose so high in the Great Recession, however, the decline in unemployment rate has been in a steep decline for several years. If this is correct, it seems unfair to blame the president who helped the recovery and not blame those the helped cause it.
There is a lot of talk about the recent election being a change election. However, there was not much change, really only the president. The electorate changed only two Senate seats out of the 34 up for election and 12 seats in the House out of 435 up for election. So the electorate chose to give the Republicans the total President, Senate and House when it was the Seanate and House that kept the recovery from being better. Ultimately, I think historians will say Obama's greatest contribution was the Great Recovery.
Personally, I'm willing to give the new president, Donald Trump, a chance to see what he actually does. He has said that he will protect Social Security and Medicare. Let's see if he will do it as Republicans have had these two popular programs in their crosshairs for a long time.
http://blogs.wsj.com/economics/2016/11/04/the-october-jobs-report-in-15-charts/?mod=djemRTE_h
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