Another month under Biden, another awful jobs report.
The October jobs report started to show some promise, but things came crashing down with a thud again in November.
Biden has now been president for almost a year. He owns this.
Job growth disappoints in November, with a gain of just 210,000, despite high hopes
The U.S. economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the new Covid threat, the Labor Department reported Friday.
Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.
The Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5% for an economy beset by a chronic labor shortage.
A more encompassing measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons dropped even more, tumbling to 7.8% from 8.3%. The household survey painted a brighter picture, with an addition of 1.1 million jobs as the labor force increased by 594,000.
This is all about Biden’s policies.
Jobs report was an anemic 210,000 jobs added despite 573,000 expected. It’s almost as if firing people for not taking the vaccine isn’t a great way to improve the labor scenario.
On the bright side, the White House says gas is down two cents.
— Carol Roth (@caroljsroth) December 3, 2021
CNBC is shocked by the November jobs report: “A huge miss" pic.twitter.com/bC2edazXJP
— RNC Research (@RNCResearch) December 3, 2021
November Jobs Report Disaster (again)
594,000 back in labor pool (good news)
210,000 got jobs (bad news)
Wages +4.8% (a miss and less than inflation)
Don't worry folks on TV -trying hard to make it good news – saying don't believe the government.
— Charles V Payne (@cvpayne) December 3, 2021
-Gas prices continue to soar
-Inflation out of control
-And another disappointing jobs report
The Biden Administration isn’t building anything back better.
— Rep. Jim Jordan (@Jim_Jordan) December 3, 2021
Biden is out of his element and in over his head.
He needs to be replaced, ASAP.