{"id":1050183,"date":"2024-12-06T12:26:10","date_gmt":"2024-12-06T17:26:10","guid":{"rendered":"https:\/\/democrats.org\/?p=1050183"},"modified":"2024-12-06T12:26:10","modified_gmt":"2024-12-06T17:26:10","slug":"new-227000-more-jobs-created-under-biden-harris-admin-while-trumps-agenda-threatens-the-economy-and-risks-price-hikes","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/new-227000-more-jobs-created-under-biden-harris-admin-while-trumps-agenda-threatens-the-economy-and-risks-price-hikes\/","title":{"rendered":"NEW: 227,000 More Jobs Created Under Biden-Harris Admin While Trump\u2019s Agenda Threatens the Economy and Risks Price Hikes\u00a0"},"content":{"rendered":"\n<p><em>In response to today\u2019s <\/em><a href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\"><em>jobs report<\/em><\/a><em>, <\/em><strong><em>DNC Rapid Response Director Alex Floyd released the following statement:<\/em><\/strong><\/p>\n\n\n\n<p>\u201cThanks to the Biden-Harris administration, the American economy once again beat expectations and added 227,000 new jobs in November. Meanwhile, Trump and his billionaire Cabinet are getting ready to push an expensive Project 2025 agenda that will rig the economy for the ultra-wealthy on the backs of working families, hike costs, and skyrocket inflation. While the Biden-Harris administration and Democrats are building a strong economy for hardworking Americans, Trump and his MAGA GOP are only looking out for themselves and their ultra-rich friends.\u201d&nbsp;<\/p>\n\n\n\n<p><strong>NEW: November\u2019s jobs report beat expectations, boasting 227,000 new jobs under the Biden-Harris administration.&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.wsj.com\/livecoverage\/jobs-report-stock-market-today-dow-nasdaq-sp500-12-06-2024\">Wall Street Journal<\/a>: \u201cJobs Report Today: U.S. Added 227,000 Roles Last Month, <strong>Beating Expectations\u201d<\/strong><\/p>\n\n\n\n<p>\u201cThe latest nonfarm payrolls report showed the labor market remains in decent health \u2026 A total of 227,000 positions were created in November, topping expectations for 214,000 new jobs.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2024\/12\/06\/november-jobs-unemployment\/?utm_medium=social&amp;utm_campaign=wp_main&amp;utm_source=twitter\">Washington Post<\/a>: \u201cEmployers created 227,000 jobs in November, a <strong>solid improvement reflecting resilience in the economy<\/strong> following a weaker report in October, a month marked by hurricanes and strikes.\u201d<\/p>\n\n\n\n<p><strong>Meanwhile, Donald Trump and his billionaire Cabinet \u2014 the wealthiest in history \u2014 are gearing up to rig the economy for the ultra-rich, set off an \u201cinflation bomb,\u201d and hike costs for working families.&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.usnews.com\/news\/national-news\/articles\/2024-12-05\/how-many-billionaires-are-in-trumps-administration-and-what-is-their-worth\">U.S. News and World Report<\/a>: \u201cPresident-elect Donald Trump \u2013 who often campaigned on the idea that he would \u2018rescue our middle class\u2019 and fight for the average American \u2013 <strong>has chosen billionaires to help shape his administration.\u201d<\/strong><\/p>\n\n\n\n<p><strong>\u201cThe total net worth of the billionaires in the Trump administration, as of Dec. 5, equals at least $358.9 billion \u2013 which is more than the GDP of 169 different countries.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2024\/06\/25\/nobel-prize-winners-biden-economy-trump-inflation\">Axios<\/a>: <strong>\u201c16 Nobel economists see a Trump inflation bomb\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/apnews.com\/article\/trump-inflation-tariffs-taxes-immigration-federal-reserve-a18de763fcc01557258c7f33cab375ed\">Associated Press<\/a>: <strong>\u201cTrump\u2019s economic plans would worsen inflation, experts say\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.newsweek.com\/nobel-prize-winner-trump-causes-economic-chaos-1974822\">Newsweek<\/a>: <strong>\u201cNobel Prize Winner Explains How Trump Could Cause \u2018Economic Chaos\u2019\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2024\/10\/30\/companies-tariffs-trump-prices\/\">Washington Post<\/a>:<strong> \u201cCompanies ready price hikes to offset Trump\u2019s global tariff plans\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.inquirer.com\/opinion\/editorials\/inq2\/trump-threat-economy-tariffs-recession-trade-war-social-security-insolvency-20241030.html\">Philadelphia Inquirer<\/a>: \u201cEditorial: Donald Trump\u2019s economic agenda would turn boom into bust\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.usnews.com\/news\/national-news\/articles\/2024-10-21\/report-trumps-economic-proposals-would-dramatically-worsen-social-security\">U.S. News<\/a>: <strong>\u201cReport: Trump\u2019s Economic Proposals Would \u2018Dramatically Worsen\u2019 Social Security\u201d<\/strong><\/p>\n\n\n\n<p><strong>Let\u2019s not forget that Trump left office with the worst jobs record of any president in modern American history \u2014 and his MAGAnomics agenda for a second term will be a disaster for working families.&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2021\/01\/08\/trump-jobs-record\/\">Washington Post<\/a>: \u201cPresident Trump took office at the crest of the longest economic expansion in U.S. history. <strong>He leaves presiding over the worst labor market in modern U.S. history, as an already-sputtering economic recovery has turned negative.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/trump-leave-office-worst-jobs-030044152.html\">Fortune<\/a>: \u201cTrump to leave office with the worst jobs record since Herbert Hoover\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.wsj.com\/articles\/china-trade-war-didnt-boost-u-s-manufacturing-might-11603618203\">Wall Street Journal<\/a>: <strong>\u201cPresident Trump\u2019s trade war against China didn\u2019t achieve the central objective of reversing a U.S. decline in manufacturing,<\/strong> economic data show, despite tariffs on hundreds of billions of dollars of Chinese goods to discourage imports.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2020-10-22\/supply-chains-latest-the-hard-data-on-trump-s-offshoring-record\">Bloomberg<\/a>: <strong>\u201cThe Offshoring of U.S. Jobs Increased on Trump\u2019s Watch\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to today\u2019s jobs report, DNC Rapid Response Director Alex Floyd released the following statement: \u201cThanks to the Biden-Harris administration, the American economy once again beat expectations and added 227,000 new jobs in November. Meanwhile, Trump and his billionaire Cabinet are getting ready to push an expensive Project 2025 agenda that will rig the [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1050183","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NEW: 227,000 More Jobs Created Under Biden-Harris Admin While Trump\u2019s Agenda Threatens the Economy and Risks Price Hikes\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/new-227000-more-jobs-created-under-biden-harris-admin-while-trumps-agenda-threatens-the-economy-and-risks-price-hikes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-06T17:26:10+00:00\" \/>\n<meta name=\"author\" content=\"Adrianna Tomasello\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrianna Tomasello\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/new-227000-more-jobs-created-under-biden-harris-admin-while-trumps-agenda-threatens-the-economy-and-risks-price-hikes\/\",\"url\":\"https:\/\/democrats.org\/news\/new-227000-more-jobs-created-under-biden-harris-admin-while-trumps-agenda-threatens-the-economy-and-risks-price-hikes\/\",\"name\":\"NEW: 227,000 More Jobs Created Under Biden-Harris Admin While Trump\u2019s Agenda Threatens the Economy and Risks Price Hikes\u00a0 - 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