Connect with us

Hi, what are you looking for?

Major Trade Flow – Investing and Stock NewsMajor Trade Flow – Investing and Stock News

Politics

BIDEN ECONOMY: Job Destruction – US Adds the Lowest Number of Jobs in 18 Months

Joe Biden is destroying the American economy more and more as each day passes.

This morning the jobs report came out from the US Labor Department and it wasn’t good.

Hotair reported:

The jobs report looks decent on its own — but the trendlines are all going the wrong way. The US economy added 263,000 jobs in September, the lowest level in more than a year, and a miss even off the lowered expectations of 275,000 by forecasters.

The more significant news is that Americans are falling behind in wages and the labor participation rate is still less than the rate in February 2020, before COVID.  These results will not impact the FED’s expected increase in rates in the next month or two.

The Biden economy is in horrible shape.  The markets are down again.  Last week we knew jobs would be down.

BIDEN ECONOMY: August Job Openings Post Biggest Drop Since COVID Shutdowns in April 2020

 

 

 

 

 

The post BIDEN ECONOMY: Job Destruction – US Adds the Lowest Number of Jobs in 18 Months appeared first on The Gateway Pundit.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Politics

Omar Ashmawy The guy who has been in charge of the congressional ethics office for the past 12 years is an alcoholic who crashed...

Politics

If anyone needed proof that the powers pushing the levers behind the mindless moron who sits in the Oval Office are fully on board...

Politics

The man who allegedly fired a shot in the air prior to the 2020 shootings involving Kyle Rittenhouse during a riot in Kenosha, Wisconsin,...

Politics

In September US District Judge for the Eastern District of Texas ordered the FBI to “produce the information it possesses related to Seth Rich’s...