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.*
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%.
*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.