"Far below expectations:" Job growth slows and unemployment rises in April jobs report

These are the Media Bias ratings of the two sources used in this post.  https://mediabiasfactcheck.com/mxm-news-bias/    https://mediabiasfactcheck.com/business-insider/

Would an example be that you believe that Trump won the 2020 election in a "landslide"?

  No. 

The unemployment rate was 3.9%-- under 4% for 27 straight months, the longest such streak since the 1960's.  Another way to think about it is:  more jobs created last month than in the four years of the Trump administration. But, be "deluded" as you wish.  

Net jobs created under Trump (4 years)

plus net jobs created under GW Bush (8 years)

plus net jobs created under GHW Bush (4 years)

is LESS THAN

Net Jobs Created Under President Biden (less than 4 years)

Something just feels better about the Kitchen Sink lately......I can't put my finger on it though.  Hmmm......

As usual numbers without context.

January 2020 job participation rate 61.1%.  It is now 60.2% (BLS)

April number of people working is 161.5m.  Last fall it was 161.9.  The jobs being created are part time & going to the people who already have jobs (YC charts).

Prior to the pandemic 158.9m people were working. (YC Charts)  Then the pandemic came of which Trump had no control over what happened,  The jobs that biden claimed he created are actually jobs that were brought back after the country reopened.  Less than 3m jobs have been added to the Jan  2020 high.

5 million more people are retired today then in 2019.     Tom complains those people should be working....  Retired people.  Hence his "participation rate" statisitic.     And this is where you should point and laugh.

Retired people by year

And job gains after the pandemic dont count?  Who got to make that rule?    If you use enough smoke and mirrors the FOX News narrative only looks half ridiculous.

Here is an alternate opinon on the recent jobs report that doesn't paint a very rosy picture, from that left leaning Business Insider website. Amazing a news organization that prints contradictory opinions! Won't find that on Fox News.

Stock Market Crash: Famed Economist Warns AI Bubble Is Unraveling (businessinsider.com)

Update: I scrolled down on the website a bit further and read an article that makes the case for the US not going into a recession. Amazing, one news source, two articles with different conclusions, that allow me to think for myself about these different factors. 

When Will the Next Recession Hit the US? (businessinsider.com)

What's on the Fox News website? "University's Cave to Demands...", "Teachers Flee Unions.....", "College President Defends Riley Gaines...." and "Biden Delivering Knockout Punch to Small Businesses...."

They also have they're weekly, "Celebrity Leaves California" Article, MAGA really likes these. "Kaley Cuoco raves about life outside Hollywood...."

Pretty much the same thing as every day, click bait for MAGA.

Pretty much the same thing as every day, click bait for MAGA. - Actually known as reporting the truth.