Tag: growth
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Job growth gives inflation-saddled Democrats a lifeline heading into Election Day
The final jobs report before Tuesday’s midterm elections gave President Biden a thin lifeline for a closing campaign argument, but it was likely too little, too late to ease voters’ year-long concerns about historically high inflation and eroding wages. Employers added 261,000 jobs in October, the Labor Department reported Friday, a performance better than Wall…
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Biden stumps on job growth, as voters dread inflation
President Joe Biden has notched an envious record on jobs, with 10.3 million gained during his tenure. But voters in Tuesday’s midterm elections are far more focused on inflation hovering near 40-year highs. That’s left the president trying to convince the public that the job gains mean better days are ahead, even as fears of…