Geee Posted January 8, 2022 Share Posted January 8, 2022 Heritage Foundation A report released Friday reported numbers well below economists’ projections, highlighting the report as another example of how the president mishandled the post-pandemic recovery. The U.S. economy added only 199,000 jobs in December while unemployment dipped to 3.9%, the U.S. Bureau of Labor Statistics (BLS) announced Friday. Economists surveyed by The Wall Street Journal projected that the economy would add 422,000 jobs in December and that unemployment to fall to 4.1%. “Our economy should be soaring right now, but the policies of this administration continue to stifle growth and hold back American businesses and workers,” House Minority Leader Kevin McCarthy said in a statement. “Today’s jobs report is another massive miss, falling two hundred thousand jobs short of expectations. The labor participation rate should be climbing; instead the world’s greatest economy is being smothered by Washington Democrats’ government overreach and mandates,” McCarthy said. “In less than 12 months, the Biden administration has sabotaged what should have been a V-shaped recovery,” McCarthy said, pledging that House Republicans will continue to support policies to drive the economy back to pre-pandemic levels. Link to comment Share on other sites More sharing options...
Geee Posted January 8, 2022 Author Share Posted January 8, 2022 Biden: Americans Are Quitting Their Jobs Because They’re Moving Up to Better Jobs with Better Pay, Benefits Link to comment Share on other sites More sharing options...
Geee Posted January 8, 2022 Author Share Posted January 8, 2022 1 Link to comment Share on other sites More sharing options...
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