George W.Bush was the first president since Herbert Hoover to see the economy lose jobs over the course of a four-year term.

Question

Quizplus · Accepted Answer

This statement is true. According to data from the Bureau of Labor Statistics, during George W. Bush's first term in office (2001-2005), the economy lost a net total of 2.6 million jobs. This was the first time since Herbert Hoover's presidency in the early 1930s that a president had presided over a net decline in jobs over a four-year term.

George WBush Was the First President Since Herbert Hoover to See