December 4, 2021

Biden's meaningless jobs claim

The Biden Administration claims they have created a record number of jobs of any president in their first 10 months.  While this may be a factual number, it is a MEANINGLESS claim.

Biden has an economy that is still recovering from a pandemic shutdown. To take credit for a record number of jobs created in the first 10 months of an administration is meaningless as shown in the chart below where you can see that after the pandemic shut-down Trump created 13 million jobs while Biden has only created 5 million jobs.

What is important is the percent of the population that is working.  As you can see, Biden is still woefully short of where the economy was before the pandemic shutdown and it is likely that his increased subsidization of people not to work and his various vaccine mandates are negatively affecting the labor force participation.

Source: Federal Reserve

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