Another stunning twist in the job creation story.

In a recent tweet, President Biden proudly declared that his administration has created more jobs in just two years than any previous administration has achieved in four. However, a closer examination of the facts reveals a different story altogether. It seems that Biden’s claims are nothing more than political spin aimed at deceiving the American people.

Critics wasted no time in pointing out that a significant portion of the job gains during Biden’s tenure can be attributed to the recovery of jobs lost due to the COVID-19 pandemic. According to Claremont Institute Communications Director Nick Short, a staggering 72% of all job gains since 2021 were simply the restoration of pre-pandemic jobs, not new job creation.

In fact, job creation under former President Trump surpassed Biden’s numbers by a wide margin, with 6.7 million jobs created, a whopping 3 million more than the current president can boast.

Twitter users were quick to react, ‘ratioing’ the president’s tweet and exposing the truth behind his misleading claims. The social media giant even felt the need to add a community note to Biden’s post, providing additional context. The note revealed that a staggering 90% of the new jobs during Biden’s term could be attributed to the post-pandemic return to work.

EJ Antoni, a research fellow in regional economics with The Heritage Foundation’s Center for Data Analysis, pointed out the fallacy in Biden’s job creation narrative. Antoni argued that forcibly shutting down businesses during the pandemic and then reopening them cannot be considered job creation. It’s a disingenuous attempt to inflate Biden’s record while inadvertently highlighting Trump’s economic achievements.

The numbers don’t lie. Under President Trump, the average monthly job creation stood at an impressive 1.4 million, while Biden’s average sits at a mere 500,000. Moreover, the current job growth remains well below the pre-pandemic trend, primarily because many individuals have yet to return to the workforce.

The labor force participation rate and the employment-to-population ratio continue to remain depressingly low, with over 2 million workers missing from the labor market.

The economic situation for working Americans is far from rosy as well. Adjusted for inflation, average weekly earnings have plummeted by 5.1% under Biden’s watch. Families are feeling the pinch as financing costs skyrocket, further straining their budgets.

The White House may attempt to spin the numbers in their favor, but the truth is evident. Biden’s job creation claims simply don’t hold up under scrutiny. Independent experts, including the Congressional Budget Office, initially projected that the unemployment rate wouldn’t dip below 4% until 2025.

However, thanks to Trump’s policies, unemployment fell below that mark four years ahead of schedule and has remained low for the past 18 months.

It’s time to look beyond the political rhetoric and examine the hard facts. Biden’s economic plan may have its supporters, but when it comes to job creation, the numbers tell a different story. The American people deserve transparency and honesty, not empty promises and misleading statistics.

Source Fox News