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https://catherinesalgado.substack.com/p/unemployment-rate-hits-32-month-high
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The unemployment rate just jumped to the highest level in 32 months thanks to Bidenomics. Yet Democrats keep trying to tout the fantasy of a roaring economy.The supposed “economic growth” touted by the Biden-Harris administration is actually just government spending, i.e., taxpayer spending/government debt, which is unsustainable. And it appears all that bragging about job creation was also just a Democrat lie.In fact, if you add the official unemployment number to the number of Americans who want a job but for some reason weren’t actively searching within a certain timeframe, the unemployment statistic is 12.8 million Americans.ShareFrom MRCTV/CNSNews:The unemployment rate rose to the highest level in 32 months in July, as job growth plummeted from June’s mark, the U.S. Bureau of Labor Statistics (BLS) reported Friday.The seasonally-adjusted unemployment rate rose to 4.3 percent in July, up from 4.1 percent in June, hitting the highest level since October 2021 (4.5 percent). July’s ...
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Catherine Salgado
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