Biden Effect: Economy Only Adds 210K Jobs In November–550K Were Expected
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The US economy just missed expectations again.
550,000 jobs were expected to be added in November.
Once the data came in only 210,000 were created.
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 October’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.
The plan is not working:
The Biden "plan" is not working.
Over 350,00 fewer jobs were created than expected.pic.twitter.com/KnwKtR2COt
— Tommy Pigott (@TommyPigott) December 3, 2021
Another disaster for Biden. https://t.co/BSp7jKnfRQ
— Ryan Saavedra (@RealSaavedra) December 3, 2021
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