As always – they end up lying so badly since they never check their speeches probably.
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Ether is that, or, the fact they are so unprepared to answer direct questions, they just blab out the first thing that comes on their mind, without thinking it through.
April’s job report was awful – unemployment went even further up! And Cecilia Rouse, Biden’s economical adviser, tried to blame it on Easter – stating that the awful job report is because Easter was in March.
There’s just one problem – Easter was on April 4th!
“Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers,” reported CNBC when the jobs report was released.
Instead of owning up to their shortfalls, the Biden Administration is blaming Easter.
“It was also, um, it was, um, you know, getting into the details, um, it was, I think Easter happened in March this year,” Rouse explained during a press conference. “The seasonal adjustments are a little funny.”
White House economic adviser Cecilia Rouse blames the bad April jobs report on Easter being in March this year…
Easter was on April 4 pic.twitter.com/Sf65yKGboP
— RNC Research (@RNCResearch) May 14, 2021
But, they ain’t fooling no one.
Just look at that report by Fox Business:
“An expected U.S. hiring boom crashed into a wall in April, with employers adding a measly 266,000 new jobs – sharply missing Wall Street’s expectations – amid a growing shortage of available workers.
The unemployment rate unexpectedly rose to 6.1% — while it’s still well below the April 2020 peak of 14.7%, it’s about twice the pre-crisis level, the Labor Department said in its monthly payroll report, released Friday morning. Economists surveyed by Refinitiv expected the report to show that unemployment fell to 5.8% and the economy added 978,000 jobs.
The figure marks a significant drop from March’s downwardly revised number of 770,000 and February’s upwardly revised 536,000.
There are still 8.2 million fewer jobs than there were last February before the crisis began.
Although the accelerated vaccine rate, trillions in government stimulus, and easing business restrictions seemed to be coming together to support a robust economic recovery, businesses have reported difficulty in onboarding new workers.
A recent Bank of America analyst note estimated that 4.6 million workers exited the labor force during the pandemic – and only half are expected to rejoin by the end of the year. Companies have been quick to blame the sweetened unemployment benefits provided to workers during the pandemic; the $1.9 trillion stimulus package that President Biden signed into law in March boosted unemployment aid by $300 a week through Sept 6, 2021, and included a third $1,400 payment for millions of Americans.
Americans who earned less than $32,000 before the crisis began would be better of in the near-term collecting those benefits rather than working, Bank of America said.”
The situation is really serious, and they are trying to blame holidays for their absence of effort and knowledge?!
A change must happen soon because we will end up in misery, inflation, and even possibly – devaluation!