Good News Economic Indicators


Good News June Numbers:

  • The U.S. economy added 372,000 jobs in June, a robust showing.

  • The unemployment rate remained at 3.6%.

  • Wages climbed 5.4%, continuing a rapid upward pace.

  • The jobs report suggests the U.S. economy under Biden is not in a recession.

Source: New York Times


Biden's 1st Quarterly Numbers for 2022:

  • The economy regained 7.9 million jobs.

  • Unemployment fell to 3.6%.

  • Wages rose by 6.5%.

  • The economy grew 5.7% in 2021, the highest growth rate since 1984.

  • The percentage of Americans without health insurance dropped by 1.4 points from the last quarter of Trump’s presidency to the third quarter of Biden’s.

  • Inflation and gas prices have risen significantly, reflecting the worldwide financial situation — see the map below.*

Source: Factcheck.org


Summary Numbers for Donald Trump's Disastrous 4 Years in Office:

  • The economy lost 2.9 million jobs.

  • The unemployment rate increased to 6.3%.

  • The federal debt rose from $14.4 trillion to 21.6 trillion.

  • Home prices went up 27.5%.

  • Manufacturing jobs fell by 154,000.

  • The number of people without health insurance rose by 3 million.

  • The U.S. trade deficit increased 40.5%.

Source: Factcheck.org


*Fact: Inflation and high gas prices are global issues.

See also: Think U.S. Gas Prices Are High? Here's How Far $40 Goes Around the World.