DECEMBER’S ECONOMIC REPORT WORST MONTH IN 2021
| Albuquerque, January 7—The December jobs report is yet another massive miss for President Biden and his administration. The economy added just 199,000 jobs in December, less than half the jobs economists had predicted. This was the worst jobs report in all of 2021. In four of the past five months, the economy has added far fewer jobs than expected. The report provides little consolation for the 3.6 million Americans who lost their job during the pandemic and have yet to get it back. Biden’s policies have created a worker shortage. More than 3 million Americans were unable to work in December because their employer was closed or had lost business because of the pandemic. “This latest jobs report again exemplifies the failures of President Biden,” said Republican Party of New Mexico Chairman Steve Pearce. “His economic policies and COVID decisions and mandates have devastated American workers and their families. Biden has created this economic calamity, and America is suffering under his watch.” Meantime, inflation is skyrocketing, and economists project high inflation will continue well into 2022. Through November, 17 of the top 20 states for jobs recovered since the pandemic began are led by Republican governors. Sixteen of the top 20 states with the lowest unemployment rates are led by Republican governors. New Mexico’s unemployment stands at 6.2%. All of our neighboring states are lower. |
| The Republican Party of New Mexico (RPNM) advances the ideals of individual liberties for the advancement of its citizens and the greater prosperity of our communities throughout New Mexico. Led by an Executive Board and its Chairman, former NM Congressman Steve Pearce, RPNM serves all New Mexicans via its headquarters in Albuquerque and can be contacted at (505) 298-3662. |
