Bidenomics strikes again: Shocking number of full-time jobs lost over past 5 months

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As the Biden White House continues to brag about the alleged success of its economic policies, government data shows the country is hemorrhaging full-time jobs.

According to the U.S. Bureau of Labor Statistics, the number of Americans reporting full-time employment dropped by more than 1.7 million jobs from November 2023 to the end of March 2024, the most recent month for which data is available.

That’s a decline of 1.33% over a five-month period. Excluding job losses related to the COVID-19 lockdowns in 2020, the recent drop in full-time employment is the largest five-month decline since the Great Recession in 2009, 15 years ago.

President Biden visits Nowhere Coffee shop in Emmaus, Pennsylvania, on Jan. 12, 2024, as he touts his Bidenomics agenda. (Mandel Ngan/AFP via Getty Images)

Before that, the last time the number of full-time jobs declined this much over a similar period was in 1994.

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Despite these remarkable figures, the Biden administration has continued to boast about its economic policies.

For example, on April 11, the White House’s official X account claimed, “Under Bidenomics, our economy has created 15 million jobs and unemployment has remained under 4% for the longest stretch in 50 years.”

The Biden administration has made similar claims for much of the president’s time in office. At best, they are wildly misleading.

Although it’s true that total employment has increased dramatically since Biden entered the White House, the vast majority of those jobs were recovered from the coronavirus-related government lockdowns.

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