The Biden economy is a mess and it’s becoming worse. Now even the far-left media can’t conceal the mess.
Why would any union member choose Joe Biden?
Today’s task numbers from ADP were terrible.
The brakes began suddenly for the personal task market in November.
… Companies included simply 127,000 positions for the month, a high decrease from the 239,000 the company reported for October and well listed below the Dow Jones price quote for 190,000 It likewise was the most affordable overall because January 2021.
This does not bode well for either the Federal Reserve’s rates of interest policies trying to stem inflation and ward off a deep economic downturn, nor motivating for the task market moving forward. The huge number to draw from the ADP report?
100,00 production tasks gone
The ADP tasks report can be found in listed below expectations. I read it as truly bad. We lost 100 k production tasks. The only boost was leisure and hospitality. This frequently indicates individuals getting 2nd tasks. pic.twitter.com/HqyVbaLmAi
— Frog Capital (@FrogNews) November 30, 2022
Zerohedge likewise talked about these numbers:
These are dreadful numbers
— zerohedge (@zerohedge) November 30, 2022
The larger issue is that this is not completion of this. It might be the start.
The post BIDEN ECONOMY: ADP Jobs Numbers Released and They’re Horrible– 100,000 Manufacturing Jobs Gone appeared initially on The Gateway Pundit
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