President Joe Biden loves to brag about the stellar job growth on his watch. He was at it again Friday after the government reported 272,000 jobs were created in May, beating economists’ expectations by a wide margin.
“The great American comeback continues,” Biden enthused. “On my watch, 15.6 million more Americans have the dignity and respect that comes with a job.”
But this “great jobs news” is entirely a fiction. The truth is that the job growth under Biden is much closer to zero than it is to 15.6 million.
Let’s break it down. 15.6 Million New Jobs? Biden’s claim that 15.6 million more people have jobs is wildly misleading because the measure he’s using doesn’t count the number of people with jobs, it counts how many paying jobs there are.The number Biden cites comes from the Bureau of Labor Statistics’ “establishment survey.” This survey asks a sampling of businesses how […]
— Read More: issuesinsights.com
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