Author Topic: Disaster: Biden’s Economy Created Just 235,000 Jobs in August (Read 470 times)

mystery-ak · « **on:** September 03, 2021, 12:56:13 pm »

Disaster: Biden’s Economy Created Just 235,000 Jobs in August

John Carney 3 Sep 2021

The U.S. economy added 235,000 jobs in August and the unemployment rate dipped to 5.2 percent, the Labor Department said in its monthly labor assessment Friday.

The median Econoday forecast of analysts was for 740,000 jobs and an unemployment rate of 5.2 percent, according to Econoday. The private payrolls report from payroll processor ADP on Wednesday, however, pointed to a much weaker number, with ADP estimating just 374,000 jobs, missing estimates for 500,000.

The August figures follow the upwardly revised 1.1 million jobs for July (revised from the preliminary report of 943,000), which was the second straight month above consensus, and an unemployment rate of 5.4 percent, which was also better than consensus. The economy added 962,000 in June (revised up from last month’s estimate of 938,000 and the preliminary estimate of 850,000) and 614,000 in May.

more
https://www.breitbart.com/economy/2021/09/03/the-u-s-created-235000-jobs-in-august/?utm_source=breaking_news&utm_medium=banner

mystery-ak · « **Reply #1 on:** September 03, 2021, 02:43:41 pm »

Charlie Spiering
@charliespiering
·
41s
Joe Biden boasts of “continued growth month over month” in response to disappointing jobs numbers.

“Always adding jobs”

mystery-ak · « **Reply #2 on:** September 03, 2021, 02:44:15 pm »

Booker Flag of United States
@BookerSparticus
·
2h
JOBS REPORT: Police cars revolving light Police cars revolving light
235,000 jobs added in August.
Estimates were 900,000. Way off!

Unemployment: 5.2%
Under employment rate: 8.2%

June/July revision: +122,000 jobs

mystery-ak · « **Reply #3 on:** September 03, 2021, 02:45:34 pm »

https://twitter.com/Shermichael_/status/1433797166070439936

mystery-ak · « **Reply #4 on:** September 03, 2021, 02:47:17 pm »

https://twitter.com/thehill/status/1433803660979486726

mystery-ak · « **Reply #5 on:** September 03, 2021, 02:48:34 pm »

Jack Posobiec 🇺🇸
@JackPosobiec
·
33s
Titanic is speaking now from the White House on his economic failures

mystery-ak · « **Reply #6 on:** September 03, 2021, 02:48:40 pm »

Michael Tackett
@tackettdc
·
32s
"We are adding jobs, not losing," Biden said.

mystery-ak · « **Reply #7 on:** September 03, 2021, 02:49:39 pm »

Charlie Spiering
@charliespiering
·
47s
Joe Biden defending his economic numbers comparing them to a last winter when the vaccine was not widely available

mystery-ak · « **Reply #8 on:** September 03, 2021, 02:50:03 pm »

Suburban Black Man 🇺🇸
@goodblackdude
·
1m
Biden is now pleading for more Americans to get “vaccinated” so his admin can see stronger jobs report. Says everyone was expecting better results for Aug, blames the unvaccinated. Can’t man up and admit he is killing the USA. Still says he took us out of “economic free-fall.”

skeeter · « **Reply #9 on:** September 03, 2021, 02:50:08 pm »

Quote from: mystery-ak on September 03, 2021, 02:43:41 pm

Charlie Spiering
@charliespiering
·
41s
Joe Biden boasts of “continued growth month over month” in response to disappointing jobs numbers.

“Always adding jobs”

The Biden Plan - Building Back Better.

Whatta clown.

mystery-ak · « **Reply #10 on:** September 03, 2021, 02:50:41 pm »

https://twitter.com/CBSNews/status/1433804118984990730

mystery-ak · « **Reply #11 on:** September 03, 2021, 02:52:57 pm »

https://twitter.com/itsSpencerBrown/status/1433803326076882966

mystery-ak · « **Reply #12 on:** September 03, 2021, 02:55:00 pm »

Charlie Spiering
@charliespiering
·
1m
"Imagine if the other guy was here...” Joe Biden says, referring to Trump

mystery-ak · « **Reply #13 on:** September 03, 2021, 02:55:24 pm »

Brigitte Gabriel
@ACTBrigitte
·
25s
Joe Biden doesn't want to tax the big corporations who funded his campaign, he wants to tax the small mom and pop shops that struggle to make ends meet.

If he wanted to tax mega corporations all he has to do is close the loopholes and keep the rate where it is.

mystery-ak · « **Reply #14 on:** September 03, 2021, 02:56:27 pm »

I can't listen to his shit anymore...

Right_in_Virginia · « **Reply #15 on:** September 03, 2021, 03:00:56 pm »

Quote from: mystery-ak on September 03, 2021, 02:55:00 pm

Charlie Spiering
@charliespiering
·
1m
"Imagine if the other guy was here...” Joe Biden says, referring to Trump

We are, Joe, we are ---- and counting the days till he's back.

mystery-ak · « **Reply #16 on:** September 03, 2021, 03:03:34 pm »

Daniel F. Baranowski
@DFBHarvard
·
11s
What a smug, disingenuous clown! Biden just told us he's responsible for the economy coming back!

Trump & The RED STATES are the reasons the economy is back!

Biden has created nothing but shame & decline!

Right_in_Virginia · « **Reply #17 on:** September 03, 2021, 03:12:11 pm »

https://mobile.twitter.com/ColumbiaBugle/status/1433807368073121799

DefiantMassRINO · « **Reply #18 on:** September 03, 2021, 03:14:31 pm »

The powers that be need to improve the velocity of money through the economy to bolster GDP growth by:

- reducing Federal payrolls taxes for hourly workers and salaried workers earning less than $40,000
- incentivizing capital investments that improve efficiencies that are anti-inflationary
- eliminating government regulations that impede efficiencies and industry

mystery-ak · « **Reply #19 on:** September 03, 2021, 03:15:47 pm »

https://twitter.com/townhallcom/status/1433810748216647690

Kamaji · « **Reply #20 on:** September 03, 2021, 03:16:58 pm »

Quote from: mystery-ak on September 03, 2021, 02:55:00 pm

Charlie Spiering
@charliespiering
·
1m
"Imagine if the other guy was here...” Joe Biden says, referring to Trump

I know, right? Cheaper gas, more jobs, less inflation, and fewer Americans killed through political incompetence in Afghanistan - a withdrawal with honor, rather than a rout with surrender.

Right_in_Virginia · « **Reply #21 on:** September 03, 2021, 03:18:00 pm »

https://mobile.twitter.com/catturd2/status/1433804832809291783

catfish1957 · « **Reply #22 on:** September 03, 2021, 03:40:28 pm »

One must understand and remember what went on in the '70's when you experience a significant inflationary economy.

Consumers aren't the only ones who have to naviagate the choppy waters of runaway costs. When businesses face crisis' like this, the first line of defense is to control base expense. And the first most and tangible of those base expenses is labor.

Until, there is some semblence of footing, I expect hiring to be mostly on "a need only basis".

DefiantMassRINO · « **Reply #23 on:** September 03, 2021, 06:42:06 pm »

4th Quarter of the calendar year is prime wacking season - when companies layoff and charge separation costs against the current budget year so they start the upcoming budget year fresh and pure as the newly fallen snow.

Because of FICA and Medicare tax contributions, it costs an employeer a minimum of $16.1475 to pay someone $15.00 an hour.

mystery-ak · « **Reply #24 on:** September 03, 2021, 09:39:51 pm »

Joe Biden Struggles to Defend Historic Jobs Report Failure, Promotes More Taxes as Solution

The United States economy only created 235,000 jobs in August, a disastrous number as analysts predicted as many as 740,000.

more
https://www.breitbart.com/politics/2021/09/03/joe-biden-struggles-defend-historic-jobs-report-failure-promotes-more-taxes-solution/