Upcoming events

  • Dems Play Pickleball
    Sunday, December 22, 2024 2:00 PM
    Colony Cottage Rec Center - 510 Colony Blvd
  • Dems Play Golf
    Friday, December 27, 2024
    TBD
  • Dems Play Pickleball
    Sunday, December 29, 2024 2:00 PM
    Colony Cottage Rec Center - 510 Colony Blvd

Follow Us

Menu
Log in
Forgot password


The Villages Democratic Club

  • Home
  • Jobs & Unemployment
Log in

Jobs & Unemployment

On December 6  it was announced that  227,000  New Jobs were created in NOVEMBER.  A robust number. 
In Obama's 2nd term he averaged 208,000.  For Trump prior to his COVID disaster, he averaged less with 186,000
The economy continues to move ahead with the Biden Administration.  When Bush Jr. was reelected in 2004 his average was ~130,000.  Obama was reelected in 2012 and his average was 140,000.   Trump's numbers were weird due to his erratic handling of COVID.
On September 18. 2024 the Federal Reserve reduced interest rates 50bp  given concerns of a softening job market   
The Fed's next meeting is December 18, 2024 



Compared to every President since 1977, Biden's new job number place him #1 with nearly every month above the median.  NO other President has been able to achieve this.  It is like getting an A+ every month.  Biden has the economy humming and America is back.
Compared to every President since 1977, Biden's new job growth continues to best in class.

Inline image

Weekly Unemployment Filings SKYROCKETED during COVID.  Trump's encouragement to drink bleach and promises that church's would hold services did not help resolve the crises.  Note how the job losses in 2008/9 are barely a blip compared to Trump's disaster
This unfolding economic disaster caused the Federal Reserve to act and lower interest rates.  One unintended consequences was inflation
On January 6, 2021 when Trump was attacking the Capital, 800,000 fellow Americans lost their jobs.  With Biden's leadership, the weekly total is near record lows of 225,00

Inline image

     
  For September, unemployment decreased to near record lows 4.2%.  This a recovery from Trump's depression levels of unemployment, the worst since fellow Republican Herbert Hoover  
  Compare this to history---it doesn't get any better.  Biden is coming through with new jobs while bringing Trump's COVID inflation pressures under control  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     

   Paid political advertisement paid for by the Villages Democratic Club 300 S Main Street, Wildwood, FL 34785

Copyright (C) 2023 | The Villages Democratic Club. All rights reserved.

Powered by Wild Apricot Membership Software