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Job numbers are in.
They are bad news for Joe Biden and the American people.
The U.S. economy added only 266K jobs in April.
That is far below the expectations.
JUST IN – U.S. Economy adds only 266,000 jobs in April, far below expectations of nearly 1 million that economists expected.
— Disclose.tv (@disclosetv) May 7, 2021
There was more bad news: March’s originally estimated total of 916,000 was revised down to 770,000, though February saw an upward revision to 536,000 from 468,000.
“I think this is just as much about a shortage in labor supply as it is about a shortage of labor demand,†said Jason Furman, an economist at Harvard University and a former Obama administration advisor. “If you look at April, it appears that there were about 1.1 unemployed workers for every job opening. So there are a lot of jobs out there, there is just still not a lot of labor supply.â€
More:
Congratulations President Biden – you have achieved the progressive utopia. At least 7.4 million job openings but only 266,000 people got a job last month. pic.twitter.com/VfBNwaZfPe
— Charles V Payne (@cvpayne) May 7, 2021
Biden has brought back the 1970s… inflation rising… higher interest rates looming… jobs stagnating… and radicals running around. Can we at least get disco back?
— Joel Pollak (@joelpollak) May 7, 2021
WATCH:
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The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri four years ago at the age of 19. Since its founding, it has gotten over 2M pages views and over 20k followers. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.
