The Labor Department reported that the U.S. added 1.37 million new jobs in August, while the unemployment rate dropped below 10% for the first time since the pandemic took hold.
“This is a very deep scar to the labor market” noted Gregory Daco, chief U.S. economist at Oxford Economics, “one that will take years to recover, not months.” The U.S. still has a total net loss of 11.5 million jobs since March.
Democrats have been broadening the argument even further by repeatedly noting that not only are jobs down since the February, they’re also down since President Trump took office in 2017. The Center for American Progress, a left-leaning group, responded to the latest employment report by claiming that even after Friday’s good news, Trump is “still the worst jobs president in recorded history.”
Today’s release from the BLS confirms that Trump is still the worst jobs president in