housing as percentage of household budget

On the other hand, in his first 2.5 years, job creation under President Trump was 5 million-1.3 million more jobs than the current President in the same time frame after factoring in the recovery from pandemic.īIDEN CLAIM: “(President Biden) proved that a strong recovery and support for households brings more people into the workforce: a higher share of working age Americans are in the workforce now than at any time in more than 20 years and higher than on any day of the prior Administration.”įACT CHECK: Labor force participation was stronger under President Trump.In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million, not 13 million. Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation.President Biden and Congressional Democrats have worked together to grow the economy and create a record number of jobs.” The President says that his Administration has: “Created more than 13 million jobs brought the unemployment rate below 4 percent four years before experts projected and kept it there for the longest period in more than 50 years and achieved record low unemployment rates for African Americans, Hispanics, people with disabilities – and the lowest unemployment rate in 70 years for women.” Let’s set the record straight.īIDEN CLAIM: “President Biden and Congressional Democrats’ plan to grow the economy from the bottom up and middle out, not the top down, is delivering for the American people. This week, the White House circulated a slide deck to Hill Democrats riddled with inaccuracies, false statements, and misleading information about Biden’s record on the economy. JFACT CHECK: Setting the Record Straight on Bidenomics

Housing as percentage of household budget