Biden, Jobs and the Economy

April Jobs Report: Toplines

• The April jobs report shows that Joe Biden is squandering the economic recovery he inherited from President Trump and a Republican Congress.
• The unemployment rate rose in April for the first time during the recovery to 6.1 percent.
• The economy added back just 266,000 jobs, which is well below economists’ expectations of 1 million jobs and the biggest miss in decades.
• As American workers and businesses are still struggling to recover, and families are facing rising prices, now is not the time for Biden’s $3 trillion tax hike and $6 trillion government spending spree.

April Jobs Report: Jobs

• April’s jobs report shows the Biden economy is faltering and failing America’s workers.
• The economy added back just 266,000 jobs, which is well below economists’ expectations of 1 million jobs and the biggest miss in decades.
  • 18,000 manufacturing jobs were lost in April.
  • No construction jobs were added in April.
  • The Labor Department revised the number of jobs added in March down by 146,000.
  • Working class Americans with wages in the middle of the spectrum lost jobs in April.
• 8.2 million – or 37% - of the jobs lost from coronavirus still have not been recovered.
• The number of unemployed workers rose in April, and there are still 9.8 million unemployed Americans.

April Jobs Report: Unemployment Rate

• The unemployment rate rose in April for the first time during the recovery to 6.1 percent.
• The Black unemployment rate rose to 9.7 percent, while the unemployment rate for Latinos failed to decrease.
  • The unemployment rate for Black men spiked to over 10 percent.
• The unemployment rates for many blue-collar workers increased.
  • Unemployment rates for Americans without any college education rose.
• The broader unemployment rate – which includes those who are employed part time for economic reasons – is still over 10 percent.

Biden and Democrats Want to Smother A Recovering Economy

• Democrats’ lockdown policies continue to hurt American workers.
  • 9.4 million Americans were unable to work in April because their employer was closed or had lost business because of the pandemic.
• American workers and businesses are still struggling to recover, and families are facing rising prices for many staples like gas and even toilet paper.
• Despite this, Biden is pushing policies that will smother the economy:
  • Biden is calling for nearly $3 trillion in new tax hikes, including hiking the business tax rate to 28 percent – higher than communist China.
• Biden is failing to get children back into schools, making it difficult for many women to get back to their jobs.
  • Nearly 1.5 million U.S. mothers have fallen out of the workforce, and many are staying home to take care of their children because schools have not re-opened.