Today, the Bureau of Labor Statistics (BLS) announced that 818,000 of the jobs the Harris-Biden Administration claimed to have “created” don’t exist. This is the largest downward revision in 15 years and just the latest sign that Kamalanomics continues to fail the American people. 
 
KAMALANOMICS BY THE NUMBERS: 

• In August, it was announced that 818,000 jobs that the Harris-Biden Administration claimed to have created aren’t there.
  • The BLS revised down its total tally of jobs created from March 2023 through March 2024 by 818,000.
  • This included 115,000 manufacturing jobs. 
  • The revision is the largest in 15 years. 
• In July, the United States added just 114,000 jobs significantly lower than the 175,000 that economists had predicted.
• In July, the unemployment rate increased to 4.3%, the highest rate of unemployment since October 2021. 
• In the past year, there has been net zero job growth.
  • Since July of 2023 versus July of 2024, there has been a net zero job growth. 
• Over the past 12 months, 1.2 million native-born Americans lost employment, while 1.3 million foreign-born workers found jobs.
• Since July 2023, the number of people working multiple jobs has skyrocketed by 311,000.
• In July, the labor force participation rates decreased for the following demographics:
  • Black Americans
  • Black American teenagers
  • Asian Americans
  • Latino Americans
  • Latino American men 20 years and older
  • Latino American teenagers
• Inflation is a tax on ALL Americans. 
• When Joe Biden and Kamala Harris took office, inflation was at just 1.4%.
• Since Biden and Harris took office, inflation has risen by 20.2%.
• Americans are paying more for just about everything because of inflation since Biden and Harris took office: 
  • Food at elementary and secondary schools is UP 65.5%. 
  • Motor vehicle insurance is UP 54.3%. 
  • Margarine is UP 52.9%.
  • Lodging away from home including hotels and motels is UP 51.2%. 
  • Gasoline (all types) is UP 49.9%. 
  • Motor fuel is UP 49.5%.
  • Eggs are UP 46.8%. 
  • Peanut butter is UP 42.8%. 
  • Crackers are UP 40.3%. 
  • Transportation services are UP 38.5%. 
  • Motor vehicle repair is UP 37.7%. 
  • Flour is UP 37.4%. 
  • Admission to sporting events is UP 33.7%. 
  • Sugar is UP 31.4%.  
  • Energy services are UP 30.3%.
  • Baby food and formula are UP 30.1%.
  • Delivery services are UP 29.7%. 
  • Veterinarian services are UP 29.6%.
  • Uncooked ground beef is UP 26.3%.
  • Laundry and dry cleaning services are UP 25.5%. 
  • Poultry is UP 24.4.%. 
  • Bread is UP 24.3%. 
  • Pet food is UP 23.8%. 
  • Frozen fruits and vegetables are UP 23.8%. 
  • Breakfast cereal is UP 22.3%. 
• Americans are spending over $13,000 more annually to buy the basics because of Kamalaflation, compared to three years ago.
• Real wages remain lower than when Biden-Harris first took office.
• Inflation-adjusted average weekly earnings were $397.90 when Biden-Harris took office and are now $382.54 - the Bureau of Labor Statistics adjusts to 1982-1984 dollars - meaning Americans have seen a 3.9% decrease under Biden-Harris.
• Kamalaflation outpaced wages for a majority of Biden’s presidency – both year-over-year real average hourly earnings and real average weekly earnings were negative for 25 months.
• Interest rates have remained at a 23-year high.