A place were I can write...

My simple blog of pictures of travel, friends, activities and the Universe we live in as we go slowly around the Sun.



August 20, 2024

Jobs record

Durbin’s missing context on Trump’s jobs record

From CNN’s Daniel Dale 

Durbin of Illinois, the Senate Majority Whip, claimed of Trump: “He lost millions of jobs in America.” Durbin said shortly after that, “He is one of only two presidents in the history of the United States to leave office with fewer Americans working than when he started.”

Facts First: Durbin’s statistics are correct, but he left out some critical context about them. While there was a net loss of about 2.7 million jobs from the beginning of Trump’s four-year term to the end, there was a net gain of about 6.7 million jobs under Trump until the Covid-19 pandemic hit the country about three years into his term.  

Nearly 22 million jobs were lost under Trump in March 2020 and April 2020 when the global economy cratered on account of the pandemic. The US then started regaining jobs immediately, adding more than 12 million from May 2020 through December 2020, but not enough to make up for the massive early-pandemic losses.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.