[Ed. – That was quick.]
As President Joe Biden threatens to raise taxes on American job creators, as unemployment benefits continue and as inflation gains steam, the latest economic picture is a bleak one.
According to the Bureau of Labor Statistics, unemployment has gone up rather than down as Wuhan coronavirus restrictions across the country are lifted.
“It looks like it was a big miss,” CNBC reports.
The news comes as prices rise on basic household goods, groceries and energy, prompting fears of increased inflation.