Sunday, December 8, 2024

More Good News from Bideonmics: 227,000 More New Jobs and Record Travel for the Holiday Season

 The United States Economy added 227,000 more new jobs in November.

The Unemployment rate did tick up to 4.2 percent which still shows the country at statistically full employment. 

The job numbers for September and October were revised upward. 



Travel during the Thanksgiving Holiday set a new record. 

In a White House Press Statement, President Joe Biden stated:

"America’s comeback continues. Today’s report shows that the economy created 227,000 jobs in November, as Boeing machinists returned to work with record wage gains and hurricane recovery continued. Unemployment of 4.2% is in the same low range of the past seven months. This has been a hard-fought recovery, but we are making progress for working families."

"Since I took office, the economy has created more than 16 million jobs, with jobs created every single month. Unemployment has been the lowest on average of any administration in 50 years. Incomes are up almost $4,000 more than prices. While there is more to do to lower costs, we’ve taken action to lower prescription drug prices, health insurance premiums, utility bills, and gas prices that will pay dividends for years to come."

For those who do not appreciate the Biden/Harris record, Bidenonomics helped do this. 

Donald Trump had nothing to do with this and his recent attempts to take credit for positive national and international developments since his re-election in November is nothing more than his usual dosage of grandstanding opportunism and lying misinformation. 

He pulled this turnabout crap when he succeeded Barack Obama, taking credit for the Obama/Biden Economy. 

Do not let him get away with taking the credit again. 

He did nothing.

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