President Donald Trump’s press secretary Karoline Leavitt was interviewed by Fox News on January 21, 2025 while working on his first day at the White House in Washington, D.C. Tuesday marked the first day of Trump’s second semester at the White House.
chip somodevilla | Getty Images
White House tries to blame the former president on Friday Joe Biden for Below expectations for US job gains In January, use new numbers to argue for the president Donald Trump Inherited one The economy of sick and temper expectations about inflation.
The Labor Department’s latest monthly non-agricultural wage report spans the end of the Biden era and the beginning of Trump’s second term, which shows a lot of praise.
Despite January’s non-farm payroll (below the Dow Jones forecast of 169,000, the unemployment rate dropped to 4%), while non-farm payroll rose by 143,000. Although the number of workers has dropped sharply during the 12-month period ending March 2024, the number of workers has been reported to have soared.
The salary figures for November and December were also revised.
But the White House quickly referred to the report as the ruler of Biden’s policies.
“Today’s job report shows Biden’s economy is much worse than anyone thinks,” White House press secretary Karoline Leavitt said in a statement Friday morning. The necessity of President Trump’s pro-growth policy.”
“The fact is that we are inheriting a very difficult job market due to Joe Biden’s horrible policies,” added Kevin Hassett, the director of the National Economic Commission, at the White House.
Hassett stressed that the new report revised downward revisions to the working numbers over the past few months and asserted that these revelations will affect the trajectory of economic indicators, including inflation.
“I think it’s a weak working number for us, and the downward revision (we’ve seen this pattern over the last few years, which is really bad,” Hassett said.
“When you consider how this works for the market and inflation, be aware of the fact that we have the biggest decline in U.S. jobs record since 2009,” he said.
This is developing news. Please check it for updates.
– CNBC’s Jeff Cox contributed to the report.
