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Unemployment Falls, Biden Takes Credit Despite Lingering Economic Concerns

  • Biden administration officials have nevertheless taken credit for the employment gains despite lingering inflationary pressures and supply chain bottlenecks emerging from the tight labor market.
  • White House Press Secretary Karine Jean-Pierre recently deflected questions from journalists regarding layoffs in the technology sector and noted that dismissals “remain near record lows according to job openings data.”
  • President Joe Biden responded to the newly released unemployment data on social media by proclaiming that “jobs are going up, inflation is going down, and my economic plan is working.”
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