The US economy created only 49,000 net jobs in January following a decline of 227,000 in December according to the Bureau of Labor Statistics.
While the unemployment rate tumbled from 6.7 percent to 6.3 percent, about half of the decline was due to workers dropping out of the job market, too discouraged to look for work.
There were fewer jobs created than jobs that were killed off by Joe Biden in his first week in office.
As The Gateway Pundit previously reported—
On his first day in office Joe Biden killed off an estimated 52,100 American jobs.
After his bizarre inaugural behind fences and 20,000 military troops, Biden hobbled to the Oval Officer where he signed several executive orders including the end of construction of the Keystone XL Pipeline and the end of construction of the Trump border wall.
Canceling the Keystone Pipeline costs over 11,000 construction jobs and 42,100 jobs throughout the US during the construction process according to the US State Department.
Canceling the Trump border wall will cost 10,000 jobs.
That’s a total of 52,100 jobs lost in his first 8 hours in office.
Joe killed more jobs in January than were created by the US economy.
Nice work, Joe!
