The Bureau of Labor Statistics (BLS) October jobs report once again highlights how Kamalanomics continues to crush Americans. The abysmal report missed expectations with only 12,000 jobs created last month out of an expected 100,000 and nearly 50,000 manufacturing jobs lost. The unemployment rate remains high at 4.1%. October posted the smallest gain since 2020. The failed Far Left economic policies of the Biden-Harris Administration have crippled a once thriving economy.
MAKE NO MISTAKE: Despite attempts to cover up their failures, the American people are smart and know Kamala Harris and Joe Biden created today’s economic crisis.
KAMALANOMICS BY THE NUMBERS:
In October, the unemployment rate remained high, at 4.1%.
In October, over 46,000 manufacturing jobs were lost, and the private sector lost 28,000.
Prior job gains for August and September were revised down by 112,000.
Americans are spending $13,300 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 $384.29 - the Bureau of Labor Statistics adjusts to 1982-1984 dollars - meaning Americans have seen a 3.4% decrease under Biden-Harris.