Where Did the American Labor Force Go?
The labor force participation rate is down, businesses can’t find employees, but somehow, Biden is taking another victory lap for “growing” jobs simply by letting people go back to businesses they shut down for covid junk science.
In November, our economy added 263,000 jobs.
That’s a total of 10.5 million jobs created under President Biden – more than any Administration in history at this point in a presidency. pic.twitter.com/7HVQTjLzbG
— The White House (@WhiteHouse) December 2, 2022
The Democrats are giving out so much money to people not to work that the pool of jobs to be filled has shrunk. In the big picture, fewer people are working which means a shrinking economy and a stealth recession.
CNBC: The labor force participation rate is “moving in the WRONG direction. This is not good.”
“A big disappointment.” pic.twitter.com/Zh64BhKaWq
— RNC Research (@RNCResearch) December 2, 2022
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