The US economy missed expectations again.
The US economy added only 210,000 jobs besides the fact 550,000 were expected.
JUST IN – U.S. economy added only 210,000 jobs in November, a gigantic miss to the 550,000 expected.
— Disclose.tv (@disclosetv) December 3, 2021
U.S. employers added a sluggish 210,000 jobs in November as the economy contends with inflation and shortages, the Labor Department reported.
Economists have forecast that employers added 535,000 jobs in November, nearly the same as Octoberâ€™s 531,000 gain, according to data provider FactSet, and that the unemployment rate dipped from 4.6% to 4.5%. The Labor Department will issue the jobs report at 8:30 a.m. Eastern time Friday.
Biden has officially responded to this disaster.
Biden called the report “incredible news.”
Notice he does not mention how many jobs were created in November.
Today, we have incredible news that our unemployment rate has fallen to 4.2% â€“ a level experts didnâ€™t expect us to achieve until 2024.
Weâ€™ve created 588,000 jobs per month on average this year â€“ a record.
America is back to work, and our jobs recovery is going strong.
— President Biden (@POTUS) December 3, 2021
The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions. You can help us beat Big Tech by following us on GETTR , Telegram, and Rumble.