Editing Reaganomics (section)

===Employment===
[[File:1981–1989 monthly unemployment, inflation, and interest rates.svg|thumb|upright=1.3|alt=Line charts showing Bureau of Labor Statistics and Federal Reserve Economic Data information on the monthly unemployment, inflation, and interest rates from January 1981 to January 1989|Monthly unemployment, inflation, and interest rates from January 1981 to January 1989, according to the [[Bureau of Labor Statistics]] and [[Federal Reserve Economic Data]]]]

The job growth (measured for non-farm payrolls) under the Reagan administration averaged 168,000 per month, versus 216,000 for Carter, 55,000 for H.W. Bush, and 239,000 for Clinton. The annual job growth percentages (comparing the beginning and ending number of jobs during their time in office to determine an annual [[Compound annual growth rate|growth rate]]) show that jobs grew by 2.0% annually under Reagan, versus 3.1% under Carter, 0.6% under H.W. Bush, and 2.4% under Clinton.<ref>{{cite web |url=https://fred.stlouisfed.org/series/PAYEMS|title=All Employees: Total Nonfarm Payrolls|date=June 1, 2018|access-date=June 12, 2018|archive-date=August 18, 2021|archive-url=https://web.archive.org/web/20210818204529/https://fred.stlouisfed.org/series/PAYEMS|url-status=live}}</ref>

The unemployment rate averaged 7.5% under Reagan, compared to an average 6.6% during the preceding eight years. Declining steadily after December 1982, the rate was 5.4% the month Reagan left office.<ref>{{cite web |url=https://fred.stlouisfed.org/graph/?g=kbeQ|title=Civilian Unemployment Rate|date=June 1, 2018|access-date=June 15, 2018|archive-date=June 16, 2018|archive-url=https://web.archive.org/web/20180616001858/https://fred.stlouisfed.org/graph/?g=kbeQ|url-status=live}}</ref>

The labor force participation rate increased by 2.6 percentage points during Reagan's eight years, compared to 3.9 percentage points during the preceding eight years.<ref>{{cite web|url=https://fred.stlouisfed.org/graph/?g=kbkw|title=Civilian Labor Force Participation Rate|date=June 1, 2018|access-date=June 15, 2018|archive-date=June 16, 2018|archive-url=https://web.archive.org/web/20180616030151/https://fred.stlouisfed.org/graph/?g=kbkw|url-status=live}}</ref>