Federal Reserve Economic Data (FRED) found that Native-born American employment is 716,000 below pre-pandemic levels as President Joe Biden leaves the White House.
Despite the regrowth of millions of jobs in the post-COVID-19 pandemic market, the total workforce failed to fully recover throughout the Biden administration’s term in office, FRED revealed. When the figures take into account foreign-born employment, the total workforce has grown to record levels.
Even though the data shows that American-born workers are still not back and working like they used to be, Biden’s White House claimed victory for “American workers” in the face of a “sluggish recovery,” the Daily Caller News Foundation wrote in its analysis.
“Over 1.6 million construction and manufacturing jobs have been created under President Biden,” the White House stated in December. “His economic plan is creating good-paying jobs for American workers.”
Misrepresenting The Numbers?
Fox News host Shannon Bream recently confronted Vice President-elect J.D. Vance over Biden’s allegedly “good” jobs numbers, according to Newsweek. Vance explained that Biden deserves credit for the “dumpster fire” of an American economy.
“He actually hasn’t left the American people in good economic condition, that’s why they made Donald J. Trump president-elect of the United States,” Vance told Fox. He also touched upon the cost of living, our “trillions and trillions of dollars” of federal debt, as well as skyrocketing oil prices that have occurred in the last two months of Biden’s term. Newsweek then described how inflation has allegedly cooled since the pandemic. Have you felt this?
We’re Not Stupid
Americans aren’t stupid. The economy was the #1 concern for the 2024 presidential vote, as reported by Gallup. In fact, the economy was so important, it ranked the highest since the Great Recession of 2008.
One demographic that did exceptionally well under Biden’s economy was government workers, according to the Daily Caller. The new highs of 23.5 million employees on the government’s (our) payroll, as of December 2024, follows a record-setting trend by the Biden-Harris administration: hiring people to work for the government, despite overall unemployment rising across the country.
“The percentage of the total workforce that is employed by the government has been steadily increasing for two and a half years, including in the December [BLS] report,” Heritage Foundation federal budget expert Richard Stern told the outlet. “This indicates that once Biden’s economic policies could take effect, they started to strangle the private sector and transfer resources to local, state, and federal governments.”
