Biden jobs deficit swells to 1.1 million – and Build Back Better would make Economy worse
Texas Insider Report WASHINGTON, D.C. – After The Bureau of Labor Statistics released the latest jobs report on Friday showing that only 199,000 jobs had been created during the month of December – when economists had expectated between 400,000 to 475,000 new jobs – the Republican's leader on the House Ways & Means Committee Kevin Brady (R-TX) said the following:
“Another disappointing jobs report proves President Biden bungled the economy in 2021.
"The Biden Jobs Deficit – the difference between jobs created and those he promised to create as part of his so-called 'stimulus' from March – has metastasized to 1.1 million. In fact, studies show the jobs recovery was held back by Democrats’ economic policies.
“One thing is certain: His $5 trillion tax hikes and spending spree would make the economy worse by raising prices, killing jobs, and slowing economic growth.”
"The Biden Jobs Deficit – the difference between jobs created and those he promised to create as part of his so-called 'stimulus' from March – has metastasized to 1.1 million. In fact, studies show the jobs recovery was held back by Democrats’ economic policies.“One thing is certain: His $5 trillion tax hikes and spending spree would make the economy worse by raising prices, killing jobs, and slowing economic growth.”
The Labor Force Participation Rate remains unchanged at 61.9%.
Read: Study: Biden’s Unemployment Bonus Held Back Economic Recovery
