from the Hopium Chronicles By Simon Rosenberg
Friday, June 2nd - The June BLS jobs report is out and it’s another good one - 339,000 net new jobs, 432,000 with upward revisions from previous months. With this new data my monthly jobs tracker clocks in at:
33.8m jobs - 16 years of Clinton, Obama
13.1m jobs - 28 months of Biden
1.9m jobs - 16 years of Bush, Bush and Trump
Biden's 13.1m jobs is almost 7 times as many jobs as were created in the 16 years of the last 3 Republican Presidencies, combined. It is also millions more than were created in the entirety of any of their three individual Presidencies. Since 1989 and the end of the Cold War, the US has seen 49 million new jobs created. Remarkably 47 million of those 49 million jobs were created under Democratic Presidents, 96% - essentially all of them.
Read the full report HERE