The Labor Department issued its January jobs report on Friday, revealing that the last month of the Biden presidency was another instance of the Biden administration falling short and that the revised monthly average for jobs in all of 2024 had been overstated.
One hundred forty-three thousand jobs were added in January, which fell short of economic forecasts for the month, The New York Times acknowledged, adding, “The revised monthly average for all of 2024 is 166,000 jobs, less than previously thought. With upward revisions to November and December, January looks like a step down.” Economists had set expectations of 175,000 new jobs in January, Forbes reported.
“Today’s jobs report reveals the Biden economy was far worse than anyone thought, and underscores the necessity of President Trump’s pro-growth policies,” White House Press Secretary Karoline Leavitt stated in…
