The bongino report

Fact-Checking Biden’s Claim He Created 12 Million New Jobs

His Flub-filled State of the Union Address This week, where he These are lies America’s economy is in trouble, President Joe Biden repeated an often-repeated claim regarding the number of jobs he claims he has. “created” Since he entered Oval Office.

CLAIM: Two years ago, the economy was reeling. I stand here tonight after we’ve created, with the help of many people in this room, 12 million new jobs—more jobs created in two years than any president has created in four years—because of you all, because of the American people,” Biden claimed Tuesday night during the speech in the House Chamber of Congress at the U.S. Capitol.

FACTS: As Townhall was once deconstructed, Biden’s Definition of job creation includes the creation of new jobs and the natural return to work of workers after the government shut down of U.S. businesses that had ravaged American industry and driven working-class Americans home. According to The U.S. Department of LaborBetween March 2020 – April 2020, the nation lost over 20 million jobs. Although we’re creating jobs again, Biden’s claims about jobs creation don’t account for net gain.

Biden was inaugurated in the midst of the country’s recovery from the unexpected job losses that resulted from the 2020 government-mandated pandemic lockdowns. While the nation’s jobs recovery began under President Donald Trump, most of the gains in the economy-revival cycle were made during Biden’s tenure.

“This is literally evidence that Biden was handed something on a golden platter,” Douglas Holtz Eakin is the chief of American Action Forum, an independent think tank. PolitiFact –. “This recovery from a deep recession would have happened no matter who was president.”

However, Biden is seeing some positive effects from the COVID-19 outbreak’s effects on economic activity and the rehirings of workers who lost their jobs due to the shutdowns. But the labor-force participation rates is still below pre-pandemic levels. According to the Census Bureau, the January figure of adults with a job or looking for one fell to 62.4%. This is lower than the pre-pandemic level at 63.4%. Summary of America’s Employment Situation, February 3, 2003 Released by the U.S. Bureau of Labor Statistics.

Meanwhile, most Americans—60% of them—believe that Biden has not created more “good jobs” In their communities You can find more information at Washington Post-ABC News poll Published February 3, 2009. Find it. This compares to the 33% of Americans who believe otherwise.

Biden boasts that in just two years he has created more job opportunities than any other politician. “any president has created in four years,” By percentage, Biden’s purported job growth during his presidency is less than the full term of his predecessors.

U.S. jobs, percantage-wise Biden’s watch, Biden has seen his presidency grow by 8.5% in the time since he began it. This is less than former President Barack Obama’s first term. (8.6%), President Bill Clinton’s first term (10.5%), President Ronald Reagan’s second term (11.2%) and President Jimmy Carter’s four years at the White House (12.8%). The New York Times calculates.

This metric is used to calculate: PolitiFact measurements Biden’s percentage job gains exceeds that of former President Richard Nixon’s 13.2% and President Lyndon B. Johnson’s 21.3% respectively. Clinton’s 20.9% is the highest increase since the beginning their terms.

RATING: Biden often speaks out in favor of job creation. Inadvertent claim that credit has been given for the recovery of previously lost jobs


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