Dismal Jobs Report Dampens Kamala’s Chances: Only 12k Jobs Added Last Month
Dismal Jobs Report Dampens Kamala’s Chances: Only 12k Jobs Added Last Month

The Biden-Harris administration came into power promising stability, prosperity, and a return to “normalcy.” But after nearly four years, that promised normalcy has turned out to be anything but normal. From runaway inflation to escalating job losses, Americans are feeling the pinch—and it’s a deep one.

Consumer prices are up, making essentials less affordable, while wages fail to keep pace. It’s the perfect economic storm, yet Biden and Harris keep claiming we’re on the right track. For those paying attention, however, it’s clear: the economy under their watch has spiraled downward. Biden likes to tout a strong recovery, but when people can’t afford groceries or gas, and when jobs vanish, the reality speaks louder than any press briefing.

What’s truly frustrating is the administration’s refusal to admit its shortcomings. Instead of addressing real concerns, Biden and Harris sidestep questions, pat themselves on the back, and spin misleading statistics. Their constant refrain is “progress,” yet families across the country are struggling to make ends meet. In fact, with the election just days away, Americans were hit with one of the worst economic reports to date. It paints a bleak picture, one that’s becoming harder for even the administration to ignore.

From Daily Wire:
A dismal jobs report released Friday showed that just 12,000 jobs were added to the U.S. economy in October, much lower than the 100,000 analysts expected.

The report from the Bureau of Labor Statistics also noted a downward revision for August and September, saying it had overestimated growth by around 112,000 jobs. CNBC reported that the 12,000 jobs added in October was the fewest since December 2020.

The Jobs Report Bombshell

The latest jobs report tells us everything we need to know. It’s a disaster, plain and simple. In October, only 12,000 jobs were added to the economy—way below the projected 100,000. The Bureau of Labor Statistics didn’t mince words: the previous months were worse than reported, with August and September’s job growth revised down by a staggering 112,000 jobs.

For a president who prides himself on “bringing back jobs,” this report couldn’t be more damning. And if we’re to believe the administration’s narrative, this isn’t even the worst of it.

Temporary help services, which many rely on during tough times, are plummeting, losing 49,000 jobs in October alone. This sector has shed over half a million jobs since its peak last year.

Manufacturing, too, is suffering, with a loss of 46,000 jobs in October, largely tied to setbacks in transportation equipment production. Hurricanes in the Southeast and a Boeing strike didn’t help, but the numbers speak to a larger, more troubling trend.

Inflation’s Brutal Comeback

If that weren’t enough, inflation has reared its ugly head once again. The Federal Reserve recently posted its largest monthly core inflation gain since April. It’s a stark reminder of what Americans already know: prices are soaring.

Basic goods, groceries, rent, utilities—everything costs more. Under Biden, inflation isn’t just a “temporary spike” as they once claimed; it’s a persistent problem that’s burning a hole in wallets across the nation.

Biden and Harris promised to control inflation. Yet, almost four years later, we’re seeing record gains in inflation once again.

Housing, medical expenses, and transportation are all up. Inflation is hammering American families, but the administration continues to brush it aside, telling us to “stay the course.” It’s a bitter pill to swallow.

Trump’s Reaction: “A Disaster for Harris”

With the economy front and center, the Trump campaign didn’t miss a beat. Trump’s War Room on X (formerly Twitter) called out the abysmal October jobs report, labeling it as nothing short of “brutal.”

Trump senior advisor Jason Miller echoed the sentiment, slamming the numbers as a “disaster for Vice President Kamala Harris.” He noted that the 12,000 jobs created were barely a fraction of the original forecast, calling it “one-tenth of what was already a pessimistic estimate.”

This isn’t just campaign rhetoric. The numbers bear out their criticisms. For months, Trump and his team have called attention to the weaknesses in Biden’s economic policy, and this latest report is proving their point.

It’s becoming increasingly evident that Biden’s economic strategy is anything but robust. And with manufacturing and services industries shedding jobs, it’s clear that the so-called “recovery” is little more than smoke and mirrors.

More than Just Numbers: The Human Cost

Beyond the dry numbers and statistics, these economic policies have a real impact on everyday people. We’re not talking about the wealthy or political elite; we’re talking about regular Americans who have watched prices climb faster than wages. The squeeze is particularly painful in sectors where jobs were once plentiful.

Small businesses can’t find relief, and middle-class families find themselves pinching pennies to make it to the next paycheck. For many, it feels like they’re living in an economic nightmare.

As the election looms, this isn’t the kind of economy that inspires confidence. Biden and Harris may cling to optimistic language, but for the millions struggling to pay bills, optimism won’t put food on the table.

The reality? Americans are ready for a change. This week’s catastrophic job report might just be the nail in the coffin for Biden’s economic legacy.

Key Takeaways

  • Only 12,000 new jobs, well below forecasts, while August and September saw downward revisions.
  • The Federal Reserve posted its highest monthly core inflation gain since April, hitting Americans’ wallets.
  • With an election just days away, this could be the tipping point for many voters.

Source: Daily Wire, The Post Millennial

November 1, 2024
Mick Farthing
Mick is a freelance writer, cartoonist, and graphic designer. He is a regular contributor for the Patriot Journal.
Mick is a freelance writer, cartoonist, and graphic designer. He is a regular contributor for the Patriot Journal.