The October jobs report that came out Friday is not as good as Joe Biden claims.
Biden falsely claimed Friday that his economic recovery is “faster” and “stronger” than “anyone could have predicted”.
He also absurdly claimed that “wages have gone up”.
Watch Fox Business lay out Friday’s report:
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The employment rate has not increased since last year.
Joe Biden is not creating new jobs.
More than 100 million people are out of work for the 14th consecutive month.
CNS News reported:
The Labor Department’s Bureau of Labor Statistics announced Friday that 100,450,000 people in this country had no labor force in October, up 38,000 from 100,412,000 in September.
This is the 14th consecutive month that this “not in the workforce” number has stayed above 100,000,000.
Persons who are neither employed nor unemployed are not part of the labor force. This category includes retirees, students, those who care for children or other relatives, and others who are not working or looking for work.
Among those not in the workforce in October, 1.3 million said they were unable to look for work because of the pandemic. This measure has decreased from 1.6 million in September.
The number of people who are not part of the workforce reached a record high of 103,418,000 in April 2020, when the pandemic broke out; and the highest it has been under President Joe Biden was 100,708,000 last February.