President Joe Biden's Last Jobs Report Of The Year Is Terrible And Shows The U.S. Economy Is Still Tanking

President Joe Biden Proving Again He Was Not The Man For The Job After Dodgy Election Fraught With Fraud

December 7. 2021

Joe Biden

In our latest chapter of he wanted to be president at all costs and now the American economy is paying for it, the last U.S. jobs report of the year is abysmal, continuing an alarming pattern of decline. The press has been publishing unflattering articles about Biden's terrible jobs report, slamming it as a disappointment and awful.

Over 10,000,000 Americans are out of work. The economy added 210,000 jobs in the last quarter of the year which is well below what economists stated should have occurred. CNBC stated, "The number was well below Wall Street expectations of 573,000."

STORY SOURCE

Job growth disappoints in November, with a gain of just 210,000, despite high hopes

Published Fri, Dec 3 20218:30 AM EST Updated Fri, Dec 3 202111:26 AM EST - Nonfarm payrolls increased by 210,000 in November, following a gain of 546,000 the previous month. The number was well below Wall Street expectations of 573,000.

Despite the big hiring miss, the unemployment rate fell to 4.2%, a 0.4% percentage point decline that came even with rising labor force participation. Professional and business services and transportation and warehousing led gains, while hiring in leisure and hospitality was sluggish and retail lost jobs despite the traditional holiday hiring season...

https://www.cnbc.com