Joe Biden has made it clear that he and his party are no longer distracted by the misleading, exaggerated pronouncements regarding January 6. An absolutely horrific jobs report was released this morning following the Democrats’ “commemoration,” jarring Washington back into the real world of issues people actually care about.
While 422,000 jobs were projected to be created during one of the nation’s peak hiring seasons, the actual number came in at just 199,000. That’s another big miss after November’s paltry numbers and comes on the heels of news that jobless claims remain stubbornly high as well.
CNBC’s Steve Liesman says the December jobs report is “another big miss.” pic.twitter.com/viL0vsRcpt
— RNC Research (@RNCResearch) January 7, 2022
Can I just say that maybe it’s time to find some new “experts” to do these projections? The mark was missed more than 50% twice in the last 12 months. The worst mistake in history was made in April 2021 when only 266,000 jobs were created, compared to a projected one million. I’m just spitballing here, but if one’s prediction methodology is that consistently bad, perhaps it’s time to go a different direction?
While the unemployment rate is still relatively low at 3.9% (compared to the 3.9%), this can be attributed to a slower workforce participation rate. This metric is almost flat since Biden assumed office (61.4% to 61.9%) and hasn’t even recovered the half of the ground that was lost when the COVID-19 epidemic initially sank the economy.
So what’s this all mean? It means what it seems to mean. In a period when the economy should be growing, the jobs market continues its decline. decouplingCOVID-19 infections rates are responsible for many hospitalizations and even deaths. That’s almost solely due to the ridiculous policies and fear-mongering coming from the Biden administration and its allies, both of which incentivize people to not work when they are otherwise healthy and capable of doing so.
The January 6th handwringing was only for a day. However, economic questions will continue until after the 2022 elections. This may give us an insight into the reasons Democrats want to make this a better topic. Unfortunately, their “save democracy” pitch was always going to be a flash in the pan, and now the return of real problems means more bad news for Democrats.