Looks like Joe Biden may have finally found the labor market’s sweet spot. There were over 14 million jobs added during the first three years of his term — more than any president in United States history over the same period. Not to mention that unemployment has held below 4% for the longest stretch since the 1960s.
But still, many workers have been dissatisfied as rising inflation killed wage gains and more in 2022. Last year though, income increases began to outpace price increases. Sure, inflation rose to a horrifying level in 2022, but it’s also on the edge of sinking below pandemic levels next year!
Some things take time, turning the Titanic and all that. Vote for Joe Biden in November!
Eliza Abbey
Deer Isle
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