Biden and Trump Economies: Faster Jobs Under Biden But More Inflation

Biden oversaw faster job growth than Trump, aided by post-pandemic recovery and higher immigration. Manufacturing jobs also grew more under Biden.

Inflation was lower under Trump. Wages grew faster than prices then but have lagged under Biden, especially in 2021-2022.

Gasoline prices remain about one-third higher now than when Biden took office. They increased more over 3 years under Biden than under Trump, Clinton or Bush.

Unemployment rates have been low and similar under both presidents. GDP growth has also been similar.

The stock market rose over 1,000 points under both Trump and Biden's first 3 years. Share prices have continued to increase under Biden.