With President Joe Biden set to deliver his first State of the Union address on Tuesday night, it’s a good time to ask: How has Biden done as president and what is the actual state of our union?
According to the American people, things aren’t going great.
A CNN poll in early February asked Americans what they thought of Biden’s presidency and what he’s done right since entering office Jan. 20, 2021.
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The number of Americans who filed new unemployment claims decreased to 232,000 in the week ending Feb. 19, the Labor Department announced Thursday.
The Labor Department’s figure showed a decrease of 17,000 compared to the week ending Feb. 12, when claims increased to 249,000. Economists surveyed by Dow Jones estimated that new claims reported Thursday would total 235,000.
Last week’s jobless claim figure marked the first increase after three straight weeks of decline as the Omicron coronavirus variant caused workers to call in sick and businesses to temporarily close.
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The number of Americans filing new unemployment claims increased to 362,000 last week as the economy continues to slowly recover from the coronavirus pandemic.
The Bureau of Labor Statistics figure released Thursday represents an increase in the number of new jobless claims compared to the week ending Sept. 18, when 351,000 new jobless claims were reported. Jobless claims were expected to decline to 335,000, The Wall Street Journal reported.
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While the unemployment rate for Americans dropped in August, there is a political time bomb buried in the statistics for President Joe Biden and a Democratic Party increasingly focused on equity: black joblessness shot up significantly.
In other words, the president who fondly boasts of a domestic policy promising to leave nobody behind has an economic recovery that is leaving a key Democratic constituency in worse shape.
“The rise in black unemployment in August is certainly troubling, considering their unemployment rates were already much higher than any other group,” Elise Gould, a senior economist at the Economic Policy Institute, said on Twitter.
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