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The Bureau of Labor Statistics claims that unemployment is continuing to rise under the Biden Administration as inflation climbs, according to The Town Hall.
The April jobs report was so bad @CNBC had to double check the number to make sure they read it correctly. pic.twitter.com/I7AHf1jUP2
— Mike Berg (@MikeKBerg) May 7, 2021
“It looks like it was a big miss.”
“A big miss on jobs, the worst miss we’re told since [19]98.”
Joe Biden’s economy:
The April jobs report was the worst miss in 23 years: "The worst miss, we're told, since '98."
— Steve Guest (@SteveGuest) May 7, 2021
Today’s jobs report is a disappointment—just like President Biden’s plan to burden families with more taxes & more debt.
While Dems trap people in a cycle of fear & pay them NOT to work, it’s clear the best thing to do is end the crisis-era policies & get Americans back to work.
— Kevin McCarthy (@GOPLeader) May 7, 2021
The economists predicted that the April jobs report would show +1 million this morning.
Instead, it showed +266k.
If they’re off by almost 75% on a monthly jobs report, how much are they off on other predictions like inflation?
— Pomp đŸŒª (@APompliano) May 7, 2021
Unemployment has gone up instead of going down since the pandemic.
From Town Hall:
As President Joe Biden threatens to raise taxes on American job creators, as unemployment benefits continue and as inflation gains steam, the latest economic picture is a bleak one.
The news comes as prices rise on basic household goods, groceries and energy, prompting fears of increased inflation.