Posted on 03/08/2024 5:51:59 AM PST by Red Badger
Claim: President Joe Biden claimed during Thursday’s State of the Union address that he created a “record” 15 million new jobs.
Verdict: Misleading. Jobs are up only five million since the pre-coronavirus pandemic economy.
Biden claimed:
Turning setback into comeback.
That’s America!
I inherited an economy that was on the brink. Now our economy is the envy of the world!
15 million new jobs in just three years – that’s a record!
Unemployment at 50-year lows.
At the employment rate peak in February 2020, pre-coronavirus pandemic, there were over 152 million jobs. Now, under Biden, there are 157.7 million jobs. Given the historic unemployment rates during the coronavirus pandemic, it would appear that there are only roughly 5.7 million new jobs since the peak employment rate under Trump.
Breitbart News Economics Editor John Carney wrote in the Breitbart News Digest:
Take the unemployment rate. This has fallen to 3.7 percent, a low rate by historical standards. But it was even lower under President Trump before the pandemic struck, falling below four percent in the summer of 2018 for the first time in decades. And that wasn’t a short-lived dip. On the eve of the pandemic shutdowns, in February 2020, the unemployment rate was still 3.5 percent.
Biden is also likely to tout his administration’s job creation record. The economy has added an impressive 14.8 million jobs since January 2021, when Biden took office, and this January, growth of around 10 percent. That puts him on track to match or exceed some of the best job growth numbers seen in recent decades, including the job booms in Bill Clinton’s first term and Ronald Reagan’s second term.
(Excerpt) Read more at breitbart.com ...
For ngos and gov’t?
https://www.bls.gov/news.release/empsit.nr0.htm
Per the above, just related, healthcare (quasi government) and government.
Happy days are here again!
...just released...
The Left seems to be going all in on this stuff.
Lowest inflation rate in the world!
Fastest job growth in the world!
The economy has never boomed so much!
And that’s why everyone is so happy.
The left loves playing games with statistics.
This is like debating the average temperature in Australia while a tornado heads straight for your nose.
:-)
In China..................
He was counting illegal immigrants.
“It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.”
― George Orwell, 1984
15 Million Illegals collecting taxpayer money for nothing are now considered Jobs ?
15 million is the real count of illegals who have entered the Country since he stole the Presidency.
As I understand it most of those are jobs that went away because of covid and are now just coming back.
IOW......just another WOPPER by taterhead
Thanks. December and January numbers were revised considerably lower. Do they ever get revised higher for anyone but Trump?
EC
So 5 million new jobs and 4 million of them are guberment jobs which produce nothing but more expense.
Well, Creepy Joe also got a “record” 81 million “votes” in 2020, so as long as we’re just throwing around completely bogus numbers, sure, he created at LEAST 15 million jobs. Why not just say 20 million?
The only jobs Brandon ever created were for family members by influence peddling.
And illegals
We are now party to sex trafficking
https://gab.com/Matt_Bracken/posts/112059842272688179/media/1
Joe Biden Claims He Created a ‘Record’ 15 Million New Jobs.
Pure BS 65% were Trump created jobs and were call backs from the Covid deal the only jobs Biden created are more government jobs aka print MORE money.
Guberment jobs should be counted as a negative. They are a net draw on the economy.
EC
PEOPLE ARE WORKING SEVERAL PT JOBS. AND STILL CAN’T BUY FOOD AND RENT.
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