The U.S. Labor Department reported the economy added 228,000 jobs in March and that the unemployment rate came in at 4.2%, it was 4.1% in February. It was the 50th straight month of positive job growth since President Biden's first full month in office in February 2021. As a comparison to Trump's numbers for March, for the same period in Biden's term, 770,000 jobs were created in March of 2021.
Also announced was that March inflation came in at 0.2% over February and for the 12 month period ending in March, inflation increased 2.4% annually. That indicates most of the lower inflation took place on President Biden's watch since Trump was in office only 2 full months during that period of time. In fact, from May thru December, a period of 8 months inflation increased between 0.1% - 0.2%.
Now in President Trump's 3rd full month in office, chaos is running rampant on the economy because Trump's extreme policies and his unfit appointees in the cabinet and other important positions to dismantle the federal government and democracy. To top it off, America has a convicted criminal as President who tells the country and its people they have to pay the price for his own corruption. PolitiDose had it right in its past commentary when it stated just why Trump appointed billionaires and millionaires to run his government.
This commentary written by Joe Lorio
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