Despite the Biden Administration’s claim of November’s employment report is “incredible news” everyday Americans across the country are facing real hardships because of the inflation, record-high gas prices, supply chain crisis, and unemployment from canceling the Keystone XL pipeline.
The Biden Administration and Democrats’ ignorance was on full display this week when they tried to brag about a two-cent drop in gas prices. The current national average of gas prices is $3.37 per gallon which is more than one dollar higher than it was a year ago at $2.16 per gallon under President Trump’s leadership.
In his recent statement, former President Trump is calling out Biden for the disastrous economy and November Job report.
“America fell 340,000 jobs short of the very modest expectations set by economists…A lot of effort and money went into RIGGING the 2020 Presidential Election, only to destroy the Country. Was it worth it?” The statement read.
President Trump then slammed Biden’s disastrous decisions. “This administration is destroying America before our very eyes because there is no leadership.”
The Bureau of Labor Statistics jobs report for November found that the US economy added only 210,000 jobs in the month.
“Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month.”
“Thus far this year, monthly job growth has averaged 555,000. Nonfarm employment has increased by 18.5 million since April 2020 but is down by 3.9 million, or 2.6 percent, from its pre-pandemic level in February 2020. In November, notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month.”
So even though some jobs were added to the economy, the number was far lower than what economists expected and the lowest monthly average for this year.
What do you make of President Trump’s statement on Biden’s job report? Share your thoughts in the comments below!
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