Here’s how things have changed in the U.S. so far under President Joe Biden, who announced on April 25 that he is officially running for reelection:
The economy added 12.6 million jobs under Biden, putting the total 3.2 million higher than before the pandemic.
The unemployment rate dropped back to 3.5%; unfilled job openings surged, with nearly 1.7 for every unemployed job seeker.
Inflation roared back to the highest level in over 40 years, then slowed markedly. In all, consumer prices are up nearly 15%. Gasoline is up 54%.
Weekly earnings rose briskly, by 11.3%. But after adjusting for inflation, “real” weekly earnings went down 3.6%.
People apprehended for entering the U.S. illegally from Mexico has increased by 342%.
Domestic crude oil production has increased 5.7%, and crude oil imports are up almost 6.7%.
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