Under Biden, We’ve Gone From ‘Make America Great’ To ‘Lower Your Expectations’

[Collateral Damage]

Since Biden took office, GDP growth has run around 6% and there are approximately 5 million more US jobs. The economy is in much better shape than when Trump left office. That’s a simple fact.

You need to figure out a few things about what an economy is. Then get back to us.

[Cotton1]

Since Biden took office, GDP growth has run around 6% and there are approximately 5 million more US jobs. The economy is in much better shape than when Trump left office. That’s a simple fact.

That's simply a dead cat bounce from the 2020 Covid pandemic

[Abby08]

That's simply a dead cat bounce from the 2020 Covid pandemic

And, who killed the economy, along with the livelihoods of small business owners, to begin with?

DEMOCRATS.

[Abby08]

Since Biden took office, GDP growth has run around 6% and there are approximately 5 million more US jobs. The economy is in much better shape than when Trump left office. That’s a simple fact.

Since biden cheated his way into the White House, we've been saturated with illegal aliens from $#@!hole countries, who are not required to get tested/vaccinated, but WE can lose our jobs if we don't, since biden got ensconced in the White House, more people are being paid to not work, more people are being catered to because of skin color.......the country is more divided than ever.

You do see those things, if you don't then YOU and people like you, are the country's biggest problem.

[MMC]

Actually no, that's not true. Between soaring inflation, people being told to take an injection or lose your job, bigger hand outs to those who don't feel it's necessary to actually work to support themselves, businesses closing because they can't get staff to actually show up, healthcare workers being treated as lesser-than, Biden has bpreety much screwed the pooch and many people are sucking in the belt because the COL is out of control.

Your boy owns it. No one else.

He doesnt have a clue.


Bad Jobs Numbers Raise More Questions About Unemployment Insurance.....

The September jobs report released by the Bureau of Labor Statistics (BLS) showed that August's disappointing job growth was not a fluke. In an era of rushed reporting, motivated by 24-hour news cycles and politically weaponized talking points, we should always treat any single data point with a large grain of salt. Two in a row, however, suggests that a trend might be forming, warranting more careful attention.


For reasons we don't understand well, the labor market might be pivoting toward a period of slower growth, driven by a scarcity of available workers.


The most important problem facing the labor market is the return of workers to the workforce—or the lack thereof. The most recent BLS Job Openings and Labor Turnover Survey showed businesses seeking to fill a record 10.9 million jobs in July. That astonishing number is 44 percent higher than the pre-pandemic record. It also stands against 8.7 million workers who were counted as officially unemployed in July, which decreased to less than 7.7 million by September.


Therein lies the problem. Compared to the pre-pandemic labor market, there are 3.1 million fewer people currently participating in the workforce.


So let's say the workforce is about 4 million workers smaller than it otherwise should be. If these workers were all actively seeking jobs and thus counted as unemployed, rather than remaining outside the workforce, the current unemployment rate would be 7.1 percent.


Against this backdrop, the large decline in the unemployment rate from August to September (5.2 percent to 4.8 percent), combined with a relatively unchanged labor force participation rate, is a clear cause for concern. Workers are not rejoining the labor market, even after most of the reasons for reluctance have waned.....snip~


Bad Jobs Numbers Raise More Questions About Unemployment Insurance – Reason.com



Jobless Claims Report Today Recruiting Oct, 2021 ...

https://worldsciencejobs.com/jobless-claims-report-today
Posted: (9 days ago) Meanwhile, continuing jobless claims increased to 2.845 million, higher than 2.714 million prior and forecasts of 2.650 million. Initial Jobless Claims in the United States averaged 371.77 Thousand from 1967 until 2021,

[Chris]

The economy is in considerably better shape today than on the day Trump left office, but, sure, let’s pretend things have gone to hell.

Pay not keeping up with inflation...for those who work.

[Collateral Damage]

That's simply a dead cat bounce from the 2020 Covid pandemic

Hey!

[Cotton1]

Hey!

I'm sorry . Quite frankly Catfucious was also ap-pawed!

[Captdon]

The economy is in considerably better shape today than on the day Trump left office, but, sure, let’s pretend things have gone to hell.

Only a blinded person can believe the things haven't gone to Hell.

[Abby08]

Only a blinded person can believe the things haven't gone to Hell.

....as well as deaf.....