It’s another attempt to spin the facts…
The Biden/Harris administration and its media allies touted October’s job report as a success story…
However, a closer look reveals a far less optimistic picture that Washington and the press seem eager to keep hidden.
October’s job numbers tell a story of artificial “growth” fueled by taxpayer dollars rather than private-sector strength.
Here are seven things you should know…
1.) Government Jobs Skyrocket: A Closer Look at October’s Report
Government jobs skyrocketed in October… as they have since Biden/Harris took office in 2020.
New government jobs surged by 40,000 in October, more than tripling the total net jobs added—a clear sign that taxpayer-funded jobs are propping up the labor market. Without these government additions, the market would have faced significant job losses.
Since Biden and Harris took office, the government sector has expanded 1.5 times faster than the private sector, diverting resources from productive industries toward expanding and growing bureaucracy. Their administration’s excessive spending has fueled government growth rather than sustainable private-sector jobs.
Here’s the breakdown of tax-supported government job growth in education, healthcare, and government services.
Under Biden/Harris, there have been about 250,000 new education jobs, 800,000 new health jobs, and 550,000 new big government bureaucracy jobs—that’s 1,600,000 new government jobs.
This trend reflects a top-down approach, where taxpayer money goes to government jobs rather than staying in your pocket.
The Biden/Harris administration’s increase in government deficit to pay for these jobs fuels inflation. It takes money out of the private sector and shrinking private sector jobs, with little to no return on investment for the average American family.
2.) Recession Here? Warning Signs in the Economy
The October jobs numbers are part of a broader trend that reflects a struggling economy Trump must now deal with. They show several indicators traditionally associated with recessions.
Full-time job growth has remained negative for nine of the past twelve months, weekly overtime hours are stagnant at 3.6 hours, and temporary jobs have fallen to their lowest level in a decade.
These metrics signal a severe slowdown in demand across multiple industries, putting businesses and consumers on edge.
Average overtime hours have only stagnated like this during past recessions, and the manufacturing sector is struggling, with over 46,000 manufacturing jobs eliminated just this year.
3.) Private Sector Jobs Disappearing: A Crisis in American Industry
One of the most troubling aspects of the October report is the decline in private-sector jobs—the report said only 12,000 jobs were created. In October, there were 368,000 fewer private-sector jobs than there were in September, underscoring the current administration’s failure to stimulate genuine economic growth. Key industries like manufacturing—a cornerstone of middle-class jobs—are contracting rapidly.
Since early 2024, more than 46,000 manufacturing jobs have disappeared, eroding stable job opportunities and threatening long-term economic health.
This downward trend illustrates how current policies of taxation and regulations restrict private businesses rather than support their expansion.
4.) Part-Time and Temp Jobs: An Economic Indicator Decline
Part-time and temporary positions, often a buffer against recessions, have also seen a steep decline.
Temporary jobs are at their lowest point in over ten years, while part-time employment numbers are falling, signaling shrinking job security. Historically, declines in these sectors foreshadow deeper economic issues.
These changes in employment patterns are affecting household income stability, and consumer spending—a critical driver of economic health—is being impacted as families feel the strain of reduced work opportunities.
5.) Soaring Cost of Living is Crushing Families’ Budgets
A staggering 26% of Americans now face necessary expenses that consume over 95% of their take-home pay. Meanwhile, 30% of households spend more than 90% of their income to cover essentials like groceries, housing, utilities, gas, insurance, and childcare. Families are being squeezed tighter than ever, forced to stretch every dollar just to make ends meet.
6.) Will President Trump Turn This Around? A Resounding “Yes”
With the Biden-Harris administration out, a new era of economic revival is on the horizon. President Trump’s track record in job creation starkly contrasts the recent economic decline.
Under his previous administration, policies that reduced regulations and cut taxes led to consistent job growth, with monthly payroll additions frequently surpassing 200,000.
Trump’s agenda includes slashing the size of government, cutting unnecessary regulations, and promoting tax relief. These measures aim to stimulate private-sector growth and reverse recessionary trends.
Here’s how Trump will create jobs and improve the economy:
- Corporate Tax Cuts: By reducing corporate tax rates, Trump aims to make America an attractive place for businesses to operate, which would directly lead to more jobs.
- Energy Independence: Trump’s focus on expanding domestic oil and gas production will reduce reliance on foreign energy, lower inflation, lower fuel and electrical costs, and create tens of thousands of high-paying jobs in the energy sector. His commitment to energy independence ensures a robust, self-sufficient economy driven by American resources, not foreign interests.
- Deregulation: Cutting back oppressive and unnecessary regulations will allow industries, especially energy and manufacturing, to flourish again. This one act alone will spark an economic boom.
7.) Misleading Americans Through Biased News/Media Reporting
Despite October’s job report signaling an economy in crisis, mainstream media has been quick to praise “steady job growth,” overlooking the heavy reliance on government employment.
Many media outlets have ignored the reality of anemic private sector and disproportionate government job growth, shifting the narrative to downplay the administration’s economic shortcomings.
Blaming labor strikes and hurricanes as scapegoats obscure the core issue: economic policies that prioritize government expansion over private-sector opportunities.
Even the Bureau of Labor Statistics recently revised March 2024 job gains down by 818,000, confirming a pattern of overestimated job growth figures and repeated misleading reporting.
Americans can expect an economic turnaround with President Trump’s policies focused on expanding private-sector jobs, reversing the costly government expansion, and putting America back on the path to prosperity.
Let me know what you think. Email me at [email protected].
Action Steps:
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2) Get my new book, The Great Deception: 10 Shocking Dangers and the Blueprint for Rescuing the American Dream
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