Biden’s Economy: Unemployment UP, Jobs Numbers ‘Way Worse Than Expected’
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President Biden is getting slammed in the mainstream media for dismal numbers in the new jobs report released Friday.
Even as many red states reopen, the economy is struggling and more inflation is expected.
“Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers,” CNBC reports. “Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.”
Bloomberg said the numbers are “way worse than expected. Something seems very off: only 266,000 jobs created in April, and the unemployment rate ticked up to 6.1%, according to the report.”
Even CNN warned: “if you haven’t felt [inflation] yet, it’s coming.”
“You can expect higher prices for toilet paper, diapers, soft drinks, plane tickets, a tank full of gas. Whirlpool is raising prices of some of its appliances by up to 12%,” CNN’s Christine Romans said.
Nationally syndicated radio host Todd Starnes said it’s not surprising.
“The Democrats are paying Americans not to work. What did they think was going to happen?” the “Todd Starnes Radio Show” host tweeted Friday.