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 ...
Payouts to 15 million illegals does not count as employment.
My Youngest son’s 13-year-old job went under. He was lead for Steal Cabinet making plant. Now shuffling their schedules so that now pregnant again wife can work 1 PT Piza Manager and his same business Delivering the crap. Tips are few and far between. And the 6-year-old’s school. She failed her last semester of nursing school. Spend-A-Holics. Can’t afford rent, and lives with her dad.
My small Starter house won’t hold more than the 2 of us. It’s paid for though. I made sure of that. No car debt either other than normal maintenance which is outrageous in cost.
Go look at open jobs at HIAS or other ngo…and where they are.
Joe Biden doesn’t help anyone except those who don’t deserve it aka free loaders.
If the democrats want to stay in business the will need the poor and needy if they don’t have enough they will import them.
If you are already working and still can barely make ends meet, none of that crap matters.
I keep web searching for Biden SOTU fact check. Haven’t seen anything from a conservative site. Breitbart had something like 25 fact check articles on individual SOTU points. I wish they’d list them in an article, with a quick summary.
And 14.9 million were government jobs.
Counting the street whores, pimps, drug dealers, drug runners, enforcers, he probably did. And more.
This not surprising since many are holding down 2 or more jobs to make ends meet. Me? After retirement, I'm holding down 2 jobs myself.
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