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Message: <blockquote data-quote="handley" data-source="post: 30298550" data-attributes="member: 567805">that video start with a big fat lie regarding job losses, if trump is so bad they dont have to lie so much right?Job market: Both Biden and Trump oversaw strong labor markets. Since Biden took office, overall employment is up 12%, average pay is up 19% and unemployment is down from 6.7% to 4.1%. It was particularly a sign of strength that job growth and sub-4% unemployment have coincided with interest rate increases and a subsiding in inflation, both of which typically hurt the labor market, though the U.S. employment picture has shown <a href="https://www.forbes.com/sites/dereksaul/2024/09/06/august-jobs-report-us-added-142000-jobs-in-key-labor-market-update/" target="_blank">some cracks</a> in recent months. Perhaps Trump’s most impressive labor market feats were unemployment declining from 4.7% to as low as 3.5% in late 2019 and early 2020, which tied its lowest level since 1969 and wages growing by an inflation-beating 15% over his four-year term.The COVID jobs asterisk: Much of the Biden labor market gains are part of the post-pandemic recovery, as unemployment was just 3.5% in Feb. 2020 and the number of employed Americans is up only 4%. Biden has largely focused on the Covid-skewed data points, and Trump’s labor market performance depends strictly on the cutoff date, as the COVID-19 disruption undid much of the nominal progress, sending unemployment briefly to an all-time high of 14.9% in April 2020 and causing the overall workforce to actually shrink from Dec. 2016 to Dec. 2020.<a href="https://www.forbes.com/sites/dereksaul/2024/11/01/how-the-economy-really-fared-under-bidenharris-and-trump-from-jobs-to-inflation-final-update/" target="_blank">https://www.forbes.com/sites/dereksaul/2024/11/01/how-the-economy-really-fared-under-bidenharris-and-trump-from-jobs-to-inflation-final-update/</a></blockquote>

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