April Jobs Report
Now everyone knows by now that economic predictions on the number of jobs to be produced in a given month can be somewhat inaccurate. During the Trump administration the analysts consistently underestimated (and underreported) the number of new jobs. Every single month of PDJT’s presidency, the actual numbers were higher than the numbers initially reported. During the recovery from the pandemic induced layoffs, the predicted number were astonishingly lower than the actual numbers.
Now the situation has been reversed. With a senescent Democrat in Office, the analysts were predicting 978,000 new jobs in April along with a 5.8 % unemployment rate. The actuals were a bit different. Only 266,000 were added and unemployment moved upward to 6.1%. Yes, Biden and the Democrats are successfully killing the economic resurgence. ...