Another month, another disappointing jobs report.
This morning, the Labor Department announced the economy added just 559,000 jobs in May, 20 percent below economists’ expectations. This follows April’s historically bad jobs report where the economy added 800,000 fewer jobs than expected – the biggest miss in more than two decades.
Diving into the details, the report doesn’t get any better, with millions of workers being left behind as Biden’s policies squander the recovery he inherited.
At a time when businesses are desperately trying to hire, Biden’s policies are paying Americans not to work, hurting both workers and job creators. In fact, the labor force participation rate fell in May, even though this is a time when Americans should be re-joining the workforce.
Biden’s policies are failing America’s workers and families. In just four months, we’ve seen disappointing job growth, rising prices, Americans being paid more not to work, small businesses struggling to hire, and inflation indicators “flashing red alarm.”
If the bad news keeps coming at this pace, expect a lot more beach vacations from Biden.
Riding away from all your problems like pic.twitter.com/a153EMMzaY
— Julia Friedland (@JuliaFriedland) June 3, 2021