U.S. job growth in Biden’s second year tops 4.5 million – By Steve Benen (MSNBC) / Jan 6, 2023
The closer one looks at Biden-era job growth, the more impressive it appears.
In the early months of 2021, as the U.S. economy recovered from the recession that began a year earlier, Republican leaders thought it’d be a good idea to complain bitterly about the progress. House GOP Leader Kevin McCarthy insisted that President Joe Biden’s economic policies “have stalled our recovery,” adding, “Bidenomics is bad for America.”
As regular readers might recall, around the same time, Rep. Jim Banks, the chair of the Republican Study Committee, argued that the Democratic White House’s agenda was sending the economy into a “tailspin.”
As 2021 came to an end, the rhetoric looked quite foolish: The U.S. economy created a record 6.7 million jobs in Biden’s first year in office. As NPR noted this morning, 2022 wasn’t quite as amazing, but it was still impressive by any fair measure.
“The U.S. job market closed out 2022 on a high note. Employers added 223,000 jobs in December, capping a year in which the economy added 4.5 million jobs, more than refilling the deep hole left by the coronavirus pandemic two years earlier.”
