Report: August Jobs Report Indicates Biden Economy In A ‘Massive Slowdown’

The Bureau of Labor Statistics released numbers on the current employment situation with an August job report that provided “meager” additions and indicated a “massive slowdown” under the Biden economy, according to Axios.

The BLS report indicates total nonfarm payroll employment rose by 235,000 in August, well below the 725,000 total ‘experts’ had been projecting.

The numbers mark a tremendous drop-off in hiring and hint that President Biden’s economic policies aren’t working, though commentators blame the pandemic for wreaking havoc on the jobs market.

“It’s the first jobs report to factor in the extent of the COVID-19 surge driven by the Delta variant,” Axios explains, “showing a massive slowdown in the recovery after July’s blockbuster jobs report.”

June featured 962,000 new jobs added, while July exceeded that with 1.05 million, meaning the August numbers mark a whopping 815,000 job drop (nearly 78%).

RELATED: Poll: 52 Percent Think Biden Should Resign Over Afghanistan, Majority Say Kamala Harris Not Qualified

Jobs Reports And The Disastrous Biden Economy

The Biden economy is shaping up to be a disaster even though the President pledged a 100-day mask challenge, a vaccination drive, and his tax and spend policies would help to navigate the pandemic and lead us out of a “dark winter.”

The normally Biden-cheerleading media reaction should give you some idea of how bad the news is.

CNBC described the jobs report as “terrible news.”

CNN called it a “big miss” and a “disappointment.”

A Fox Business panelist said the August numbers were “abysmal.”

Another indicated it was a “worst-case scenario for economists.”

You get the picture.

RELATED: Democrats Reward Liz Cheney With January 6 Committee Promotion

A Huge Miss

Republican National Committee (RNC) Chairwoman Ronna McDaniel issued a statement on the August jobs report saying it was “a huge miss.”

“Because of Biden’s failed policies and reckless spending, there are fewer jobs and rising prices for everything from gas to groceries,” she said. “Americans are being left behind.”

Well, maybe not all Americans.

Based on the latest data, 16 of the top 20 states for recovering jobs from the pandemic are led by Republican Governors.

Tommy Pigott, Rapid Response Director for the RNC, believes President Biden would do well to look at the models being put forth by red states. And maybe steer away from what he’s been doing.

“Biden’s socialist schemes don’t work. Americans want policies that empower workers and small businesses, not trillions of dollars in reckless tax-and-spending sprees that only embolden the swamp at the expense of the rest of America,” said Pigott.

While the BLS report shows the unemployment rate ticking down from 5.4% to 5.2%, Michigan economist Betsey Stevenson notes that the number of people who don’t have a job but want one dropped significantly.

“Half the small businesses in America have jobs they can’t fill,” CNBC reports as critics have accused the Biden administration of essentially paying people not to work.

Aside from dismal job reports, gas prices and overall prices, in general, are on the rise under President Biden, wiping out any wage increases employees may have seen since he took office.

This latest news shows that Biden continues to squander the economic recovery he inherited from Donald Trump.


Now is the time to support and share the sources you trust.
The Political Insider ranks #16 on Feedspot’s “Top 70 Conservative Political Blogs, Websites & Influencers in 2021.”



Rusty Weiss

Rusty Weiss is a freelance writer focusing on the conservative movement and its political agenda. He has been following and analyzing the political climate for several years, and his writings have appeared in the Daily Caller, FoxNews.com and more.

Recent Posts

Elon Musk Loses Title of World’s Richest Person After Buying Twitter

Could it be that there are some things more important than money? For Elon Musk,…

13 hours ago

Washington Post: Shark Week is Racist and Overrepresents Men Named Mike

The Washington Post somehow managed to come up with an article that the Babylon Bee…

14 hours ago

Think There’s No Housing Recession? Economists Say Think Again

If you were thinking about selling your house in 2023, you might want to think…

15 hours ago

Public Libraries Allow Drag Queen Story Time But Not Kirk Cameron’s Book

I remember growing up and hearing kids excitedly talk about new books they had just…

15 hours ago

State Dept Paid $275K for Video Game to ‘Counter Disinformation’

By Adam Andrzejewski for RealClearPolicy The State Department spent $275,000 to develop a video game for people…

18 hours ago

Cotton Slams ‘Woke’ Kroger CEO to His Face For Asking Republicans to Save Them From Dem Regulations: ‘Best of Luck’

Senator Tom Cotton dressed down 'woke' Kroger CEO for expecting Republicans to rescue them from…

18 hours ago