Why the Jobs Boom Isn’t Translating

Politico: “The U.S. unemployment rate hit 3.6 percent today, as 431,000 jobs were added during the month of March. It’s the type of data point that should make a White House giddy. And yet, one can’t help but smell the whiff of frustration emanating from 1600 Pennsylvania Avenue.”

“There is a remarkable disconnect among the American public involving the reality of the jobs market and the perception of it. A little-noticed survey by Navigator Research last month showed that 37 percent of the public thought that more jobs had been lost (yes, lost) over the last year while just 28 percent thought that they had been gained. That was particularly pronounced among Republicans, 47 percent of whom believed jobs had been lost over the last 12 months.”

“Needless to say, that’s wildly inaccurate: The unemployment rate was 6.4 percent when Joe Biden took office… That these basic facts aren’t translating to the public says a lot about how news is disseminated and consumed.”