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Even With June Report, Biden Falls Nearly 700K Jobs Short of His Own Jobs Promises

July 02, 2021

Washington, D.C. – Now that the June jobs report is in, and four months after Congress passed the President’s $1.9 trillion “jobs” plan, how do President Biden’s jobs numbers compare to the White House’s preferred jobs projections?

The answer: He’s 697,000 jobs short.

When Congress pressed the White House to identify “how many jobs will the President’s jobs plan create?”, the Administration repeatedly referred Congress and the media to the analysis of the Biden jobs plan by Moody’s Analytics, led by Obama administration economist, Mark Zandi.

Moody’s projected nearly 2.4 million new jobs added by this point, which President Biden has missed by a troubling 697,000 jobs even adding the June jobs numbers.

Following the June jobs report’s release, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said:

“Even with the June jobs report, a re-opening economy and trillions of stimulus spending, President Biden has quickly fallen 697,000 jobs short of the projections for his jobs plan, workers are still staying on the sidelines, and while wages are going up, prices are going up faster. These are troubling signs for families and Main Street businesses.”