Unemployment hits highest point since 2021 as 111,000 previously reported jobs vanish - Who currently is President

The unemployment rate rose to 4.1% in June, marking the highest level since 2021 with the number of unemployed increasing by 162,000. Revisions to the April and May jobs reports resulted in 111,000 fewer jobs than initially reported, with 57,000 fewer jobs in April and 54,000 fewer in May. Over the past year, the U.S. economy has added 1.8 million part-time jobs while losing 1.6 million full-time positions, indicating a troubling shift in the nature of employment. --The data shows a continued troubling trend: since June 2023, the U.S. economy has added 1.8 million part-time jobs while losing 1.6 million full-time jobs. This shift from full-time to part-time work underscores the ongoing instability in the job market. Economist E.J. Antoni from the Heritage Foundation expressed his concerns on social media Friday, stating, “Employment is flat over the last year with almost no growth, but the little increase we saw was entirely from part-time job growth as full-time employment went down; these directions are not new, but their magnitudes are increasing—that's a bad sign.” --https://mxmnews.com/article/ec19f9ba-7ae8-4304-a69e-f9df4f876fd8?unemployment-hits-highest-point-since-2021-as-111-000-previously-reported-jobs-vanish