Predicted a loss of hundreds of thousands of jobs. thankfully just about everyone got it wrong. and it is not just about january. the jobs market did better last year than we realize. they revised both november and december sharply by 708,000 jobs. that tote aly changed the narrative. what looked like a late-year slowdown was steady growth. and after the revisions, we could now say that the economy added 6.6 million jobs during president biden s first 12 months in office. that is easily the best first year record for any president on record. and quickly, why did the unemployment rate go up with that good number? yeah, so the unemployment rate did go up to 4%. at first blush, that looked like that is not good. but because it is also the first time the rate went up since last june. but that is for good reason. it is because more people got off the sidelines and starting looking for work. so that is why the unemployment
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Jobs for african-americans. that s 700,000 african-americans that are working now that weren t working when this president took place. when president obama left after eight years in office, eight years in office he only created 195,000 jobs for african-americans. president trump in his first year and a half has already tripled what president obama did in eight years. no, no, no. that s a straight up lie. that s a lie. oh, my god. she went to the podium with a script and lied. she read it. unbelievable. let s clear this up. according to the bureau of labor statistics where we measure our statistics. 708,000 more black americans did have jobs in july of 2018 than when donald trump took office. that part she didn t lie about. but for fact s sake, the claim that only 195,000 jobs were created for african-americans over obama s eight years is
this president, since he took office in the year and a half that he s been here, has created 700,000 new jobs for african americans. that s 700,000 african americans that are working now that weren t working when this president took place. when president obama left, after eight years in office, eight years in office, he had only created 195,000 jobs for african americans. president trump in his first year and a half has already tripled what president obama did in eight years. not true. sanders is correct, 708,000 more black americans had jobs in july of 2018 than when president trump took office, but her claim that only 195,000 jobs were created over president obama s eight years simply wrong. data from the bureau of labor statistics shows that figure is 3 million. big difference. sanders later tweeted, correction from today s briefing. jobs numbers for president trump and president obama were correct, but the time frame for president obama wasn t. i m sorry for the mistake, but no