October’s job numbers were a disaster. Just 12,000 jobs were added, far below expectations. For millions of Americans, this wasn’t just a disappointing statistic—it was confirmation of a harsh reality.
Under Joe Biden’s leadership, the economy has been in a free fall. Stagflation, that dreaded combination of stagnant growth and high inflation, has become the new normal.
And when job numbers look “good,” there’s often a catch: part-time gigs, jobs going to (some have claimed) illegal immigrants. Or positions with wages that can’t keep up with rising prices. For many, it’s not just an economic downturn—it’s an economic punchline. Except no one’s laughing.
This isn’t new. Biden’s economy has been consistently weak. But something big happened: Donald Trump was elected in early November. How have companies responded to the news that a pro-business president is returning to the White House?
From Breitbart:
Employers in the United States added 227,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate edged up to 4.2 percent.Economists had been expecting 215,000 after storms and strikes saw the Labor Department report a much-worse-than-expected growth of just 12,000 in October. They had also forecast that the unemployment rate would rise one-tenth of a point from 4.1 percent.
November: A Trump Economy Teaser?
Companies began responding to the news that Donald Trump had decisively won the election early in the month. It was like flipping a switch.
Employers added 227,000 jobs in November, well above expectations of 215,000. The unemployment rate edged up slightly to 4.2%, but that was because more people rejoined the workforce, confident that better days were ahead.
Private payrolls expanded by 194,000. Leisure and hospitality added 53,000 jobs, a sign that Americans were ready to travel, dine out, and celebrate again.
Even manufacturing, which fell by 48,000 jobs in October, bounced back with 22,000 new positions in November. It’s as if the economy took one big breath of fresh, Trump-branded air.
Warehousing and transportation added a modest 3,400 jobs, perhaps gearing up for a brighter holiday season under a Trump-led future.
The October Crash: A Closer Look
The October numbers were more than just bad—they were historically embarrassing. Storms and strikes played a part, sure. But the bigger issue was confidence.
Biden’s policies created a labor market where businesses hesitated to hire, and workers hesitated to work. The “quit rate” rose, but hiring didn’t.
Even job openings—an indicator of demand—didn’t translate into actual hires. Economists couldn’t decide whether the problem was a lack of workers or a lack of faith in the future. Spoiler: it was both.
Despite a slight uptick in average hourly earnings (up 0.4% from the prior month), inflation gobbled up any gains. Real wages were still underwater, leaving workers frustrated and feeling poorer than before.
Americans weren’t quitting jobs because they found better ones—they were quitting because the system wasn’t working for them.
The Trump Effect on Jobs
Contrast that with the Trump bump in November. Employers, sensing a return to pro-growth policies, started hiring again. The manufacturing sector, the backbone of Trump’s economic message, began recovering.
Average hourly earnings continued to rise, and the workweek ticked up slightly. For the first time in months, people felt hopeful.
The difference is night and day. Under Biden, even “good” job numbers were packed with caveats. Under Trump, the economy sends a simple message: work hard, and you’ll win. November’s numbers are proof of that.
Key Takeaways:
- Biden’s Economy Was a Bust: October’s job numbers and inflation woes show how deeply Biden’s policies hurt the middle class.
- Trump’s Win Sparked a Comeback: November’s job growth signals renewed business confidence and the promise of better days ahead.
- The Future Looks Bright: With Trump back in charge, Americans can expect policies that prioritize growth, jobs, and prosperity.
Source: Breitbart
