Thread by @SimonWDC

Here we go, my monthly #JobsDay thread:

Huge huge jobs report. 600k new jobs w/revisions!

Under Biden now:
- lowest peacetime unemployment rate since WWII
- lowest poverty/uninsured rates ever
- best recovery in G7
- lower trade deficits/deficits 1/

https://twitter.com/BLS_gov/status/1621501404039741441

Let's now review a series of stats showing just remarkable the US economy is right now.

US economic recovery from COVID under @POTUS has been the best in the G7. 2/

@POTUS 33.8m jobs = 16 yrs Clinton Obama
12.1m jobs = 2 yrs Biden
1.9m jobs = 16 yrs Bush Bush Trump

6 times more jobs created in 2 yrs under Biden then under last 3 GOP Presidents *COMBINED* 3/

@POTUS A reminder that Trump was the first President since Hoover to have net job loss on their watch. 4/

@POTUS Since 1989 and a new age of globalization began 48m jobs have been created in US. 46m of those, 96%, have been created under Democratic Presidents.

One party has repeatedly moved us forward. The other repeatedly has failed to do its part. 5/

@POTUS While economy has repeatedly grown under Dems, don't think people realize how bad it's been under Rs.

3 straight recessions, incl Great Recession. Averaged only 10k jobs PER MONTH over 16 yrs. Last month = 5 years of GOP job creation. 5 yrs. 6/

@POTUS New businesses continue to be created at very elevated levels. Incredible sign of health and vitality of US economy, "can do spirit" of American people. 7/

@POTUS Wage growth remains at very elevated levels. In 2022 due to across the board strong wage growth real earning were positive, even with Putin's efforts to cripple West/world w/rising energy prices. 8/

@POTUS The uninsured rate is lowest in American history right now. Incredible achievement by the Democrats despite ferocious opposition. Imagine what that number would be it FL, TX expanded Medicaid. 9/

@POTUS There are still about 2 job openings per unemployed persons in the US, a remarkable stat. Many states have their lowest unemployment rates ever recorded, and are desperate for more workers.

Biden boom!!!! 10/

@POTUS The last 3 Dem Presidents saw the deficit drop on their watch. Clinton got us to surplus.

Last 3 Rs have seen the deficit explode on their watch. Trump's fiscal track record among worst in American history. 11/

@POTUS GDP growth is a favorite R stat.

So far Biden 3x Trump. 12/

@POTUS If you want to do a deeper dive into all this data come watch my presentation on Biden, Dems and the economy, With Democrat Things Get Better.

Think you will like it. 13/

@POTUS New @NavigatorSurvey polling shows that by leaning into these economic accomplishments Dems can make substantial gains w/voters.

Winning the econ argument w/MAGA is to me our highest political priority this year.

We can do this peeps. 14/

https://twitter.com/SimonWDC/status/1621126533812465664