Must See: Biden Literally Celebrating One Of The Worst Economic Reports In History

Written By BlabberBuzz | Sunday, 09 January 2022 12:00 PM
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Social media users on Friday mocked a graphic the White House posted online that claimed President Biden has created far more jobs than any other commander-in-chief.

"Ever," the post bragged.

The statistic– which has been posted on Twitter, Instagram and Facebook – was posted just hours after a disappointing jobs report showed hiring had fallen far below expectations in December.

While the U.S. Bureau of Labor Statistics numbers seemed to be true, the raw data failed to show important context.

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The talking point that Biden has created more jobs than any other president is a favorite of his – but he isn’t considering the population and labor-force growth, or the fact that many of the jobs recently received had been lost during a sharp drop in employment because of the coronavirus pandemic.

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The economy is still 5 million jobs under the peak reached before the pandemic, according to Politifact.

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Social media users quickly shot what many analyzed to be White House propaganda.

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"what world do you guys live in?!" one commenter wrote, along with several laughing and clown emojis. "This is a joke right?" another wrote.

A third said, "I do have to say one thing this administration is great at is skewing charts and graphs."

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"Who’s here for the comments lol," another user joked.

"I don't think ‘created' means what you think it does......" someone else posted.

Biden defended the economy under his watch on Friday.

"There's been a lot of press coverage about people quitting their jobs," he said from the White House. "Well, today's report tells you why – Americans are moving up to better jobs. This is the kind of recovery I promised and hoped for, for the American people."

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While economic experts had foreseen 400,000 new jobs to be added in the last report of the year, it was a dismal 199,000.

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Still, the unemployment rate remains low – as Biden frequently points out - 3.9% down from 4.2% — the lowest level since the pandemic began.

The labor market had been gaining momentum after a delta-induced slowdown over the summer, but the latest figure represents the second consecutive month of worse-than-expected growth, following upwardly revised gains of 249,000 in November and 648,000 in October. The last time job growth was this slow was in December 2020, when employers cut 306,000 positions.

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Biden said Friday that the strong wage gains achieved during his first year in office represent the economy he promised Americans, as he addressed the release of December’s jobs report.

Average hourly earnings rose 0.6% for the month and were up 4.7% year over year. Some industries have seen especially strong wage growth in the last year: Leisure, hospitality and restaurant wages have increased a whopping 14.1% over the past 12 months, outpacing all other industries.

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