Today marks the beginning of the Biden Economy. Welcome back to economic mediocrity. But at least his Tweets aren’t mean, right? The New Jobs Report Is the Worst Miss in History as Biden Administration Failures Mount.
An absolutely pathetic showing for Joe’s “build back better” strategy.
They told us there would be a hiring boom. Instead, the lame economy added a weak 266,000 new jobs – sharply missing Wall Street’s expectations – amid a growing shortage of available workers.
The unemployment rate unexpectedly rose to 6.1% — while it’s still well below the April 2020 peak of 14.7%, it’s about twice the pre-crisis level, the Labor Department said in its monthly payroll report, released Friday morning. Economists surveyed by Refinitiv expected the report to show that unemployment fell to 5.8% and the economy added 978,000 jobs.
The figure marks a significant drop from March’s downwardly revised number of 770,000 and February’s upwardly revised 536,000.
I. M. Cartman says
Wayne as a hot shot investigative reporter that you are, I am surprised that you have not uncovered the identity of the Puppet Master who is giving Biden his marching orders. Come on Man. This guy is so weak I am surprised that they let him get in front of the microphone. He keeps saying that if he answers reporters legitimate questions he is going to get in trouble. Who is he going to get in trouble with? He is supposedly the most powerful man on earth. I wonder if any of those who voted for Biden will add their comments or do they have buyer’s remorse? Would love to hear from them.