The December jobs report was another big miss and the worst of Joe Biden’s presidency. The U.S. economy added just 199,000 jobs during the month, falling well short of economists’ projections.
Economists had projected that 450,000 new jobs would be added to the U.S. economy in December.
This weaker-than-expected jobs report is just the latest sign that Biden’s economic crisis will continue into 2022.
BIDEN’S ECONOMIC CRISIS BY THE NUMBERS:
- The December jobs report was the worst of Joe Biden’s presidency with only 199,000 jobs being added.
- The labor force participation rates decreased for the following demographics:
- African American men 20 and older
- African American teenagers
- Asian Americans
- Hispanic or Latino Americans
- Hispanic or Latino men 20 and older
- Hispanic or Latino teenagers
- The number of persons not in the labor force who currently want a job was little changed at 5.7 million in December.
- The weaker than expected December jobs report comes at a time when inflation is still skyrocketing.
- Inflation is a tax on all Americans, and it has gone up every month of Biden’s presidency.
- Real wages have decreased under Biden 8 out of the ten months since his first full month in office.