{"id":1990757,"date":"2023-08-04T10:41:01","date_gmt":"2023-08-04T14:41:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-ignores-job-market-cooldown-to-tout-bidenomics\/"},"modified":"2023-08-04T10:42:46","modified_gmt":"2023-08-04T14:42:46","slug":"biden-ignores-job-market-cooldown-to-tout-bidenomics","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-ignores-job-market-cooldown-to-tout-bidenomics\/","title":{"rendered":"Biden promotes &#8216;Bidenomics&#8217; despite job market slowdown."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-ignores-job-market-cooldown-to-tout-bidenomics%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1990757&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>President Biden Touts &#8220;Bidenomics&#8221; Amidst Disappointing Jobs Report<\/h2>\n<p>President Joe Biden \u2063confidently dismissed concerns raised\u200d by a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-ignores-job-market-cooldown-to-tout-bidenomics\/\" title=\"Biden promotes 'Bidenomics' despite job market slowdown.\">recent \u2064jobs report<\/a>, asserting that his economic policies, known as &#8220;Bidenomics,&#8221;\u200c are responsible for the strongest \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fed-found-economy-is-recovering-much-faster-than-officials-expected\/\" title=\"Fed Found Economy Is Recovering Much Faster Than Officials Expected\">labor market<\/a> in decades.<\/p>\n<p>The July \u200bemployment report from the Bureau \u200dof Labor Statistics revealed that only 187,000 jobs were added in July, falling short of expectations and marking the lowest monthly \u2064total since \u2062the height of \u2062the COVID-19 pandemic in 2020. \u2063Additionally, the number of payroll jobs in June\u200c and May was revised down by 49,000.<\/p>\n<h3>President \u2063Biden&#8217;s Optimistic Outlook<\/h3>\n<blockquote><p>&#8220;Unemployment near a record low and the share of working-age Americans\u200d who\u2063 have\u200b jobs at a\u2064 20-year high:\u2063 that&#8217;s Bidenomics. Our economy\u2062 added 187,000 jobs last month, \u200dand we&#8217;ve\u200b added 13.4 million jobs since I took \u2064office \u2014 more jobs added in 2 1\/2 years \u2063than during any president&#8217;s four-year term,&#8221;<\/p><\/blockquote>\n<p>President Biden\u2062 emphasized in a statement on Friday morning. He continued, \u200c&#8221;The unemployment rate is 3.5%, marking a full \u200dyear and a \u2062half below 4%. This follows recent news \u2064that our economy\u2062 continues to grow,\u2064 while inflation has fallen by nearly two-thirds and is at its lowest level in more\u2063 than two years. \u200dWe&#8217;re growing the economy\u200c from\u2063 the middle out and bottom\u200b up, lowering costs for hardworking families, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-border-patrol-chief-reveals-top-threat-facing-u-s-right-now-its-going-to-get-so-much-worse\/\" title=\"Former Border Patrol Chief Reveals Top Threat Facing U.S. Right Now: \u2018It\u2019s Going To Get So Much Worse\u2019\">making smart investments<\/a> in America.&#8221;<\/p>\n<p>Biden and his \u200dadministration have consistently highlighted the strength of the \u200blabor market \u200cas a\u200c testament to\u200d the effectiveness of\u2062 his economic agenda.\u2064 However, \u200ca potential reversal in this trend could complicate their reelection efforts, which heavily \u2063rely\u2064 on the success of &#8220;Bidenomics.&#8221;<\/p>\n<p>Nevertheless, a tightening labor \u2064market could indicate that the Federal Reserve&#8217;s\u2063 rate hikes are finally yielding \u2062the desired\u200c outcome and\u200b may soon result\u2064 in a more rapid decrease\u2064 in prices across various sectors.<\/p>\n<p>While President Biden is currently on vacation \u200cin \u200cDelaware, Vice President Kamala Harris will \u200cdeliver additional remarks on the \u2063July jobs report\u200b at the \u200cWhite House\u2064 later today.<\/p>\n<p>You can \u200dwatch \u200cVice President Harris&#8217;s full remarks \u2062 <a href=\"#\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden dismissed concerns over a disappointing jobs report, asserting that &#8220;Bidenomics&#8221; has led to the strongest labor market in years. The Bureau of Labor Statistics&#8217; July report revealed only 187,000 jobs were added, below expectations and the lowest monthly figure since the pandemic&#8217;s peak.<\/p>\n","protected":false},"author":1,"featured_media":1990758,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1990757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1990757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1990757"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1990757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1990758"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1990757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1990757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1990757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}