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The US economy has gained 16.1 million jobs since President Biden took office in January 2021. That’s 6.7 million more jobs than pre-pandemic. Unemployment rate in Jan 2021: 6.4% Unemployment rate now: 4.1% Presidents don’t control the economy. But Biden’s stimulus and

The hurricanes and Boeing strike depressed job growth, but we are still up 15,271,000 since President Biden took office in January of 2021. We now have 5,878,000 more jobs than at the pre-pandemic peak.

The good news in this report is that while job growth may have slowed, unemployment still isn't rising. The unemployment rate held steady at 4.1 percent, and has actually ticked down since rising over the summer.

Wow, just absolutely thrilled to see all the work with Erica L. Groshen William Beach and too many others to tag in one tweet pay off. This is some of the best jobs day news I’ve seen in a while.

good morning

Lots of people are about to radically change their view of how the economy is doing

WaPo's endorsement finally drops.

🧵Statement from UAW President Shawn Fain on 2024 Presidential Election: "UAW members around the country clocked in today under the same threat they faced yesterday: unchecked corporate greed destroying our lives, our families, and our communities. It’s the threat of companies

Even more annoying will be seeing the switch in the media from reports on economic hardship to reports on the thriving economy, the record pace of new business start-ups (vigorously ignored under Biden) and the tens of millions enjoying work from home.

Here The New York Times we fixed this for you

“We don't get to decide who wins; history decides that. We only get to decide which side we fight on and how hard we fight.” - Jeff Faux

Yes, more of this please. More anticipatory defiance, and less anticipatory obedience.

people who had a clue about what is actually going on in the country voted for Harris by huge margins.

Just dropped someone at DCA, stopped by Gravely Point

I can’t tell you how happy this makes me—thank you to everyone who helped make this happen! ❤️❤️❤️

Good news: Wages have grown faster than inflation for 18 months. In October: Wage gains: 4% Inflation: 2.6% This is how most Americans will ultimately be able to get ahead. Prices won't go down, but wages will go up enough to offset the higher prices.

BREAKING: The NLRB just banned mandatory anti-union "captive-audience" meetings in a precedent-setting ruling against Amazon. Trump's win, however, means a GOP-majority board would be able to overturn this once they're in power. huffpost.com/entry/nlrb-cap…

It's hard to fathom, but we are back on recession watch. The odds of the economy unraveling into recession in the coming year are uncomfortably high, rising to 35%. In coming posts, I will present the leading indicators I rely most on to determine whether a recession is dead