Post by Odysseus on Dec 29, 2022 7:00:13 GMT
Various measures of what has happened in the country since the president's inauguration.
The economy gained 10 million jobs; total employment is now half a million higher than before the pandemic.
Unemployment fell to 3.5%; unfilled job openings surged, with 1.7 slots for every person seeking work.
Inflation roared back to the highest level in over 40 years. Consumer prices are up 13.2%. Gasoline alone rose 64%.
Wages rose briskly, by 9%. But after adjusting for inflation, “real” weekly earnings went down 4.4%.
The economy contracted for two consecutive quarters this year, but after-tax corporate profits set new records.
Apprehensions of those trying to enter the country illegally through the southwest border are up 330% for the past 12 months, compared with President Donald Trump’s last year in office.
The trade deficit continues to expand and could be headed for a record $1 trillion by year’s end.
Household income has gone down slightly.
Household income has gone down slightly.
The number of people receiving food benefits through the Supplemental Nutrition Assistance Program has continued to decline and is now 2.8% lower.
The number of those without health insurance went down by 1.1 million.
The murder rate went up by 0.2 percentage points, though the FBI relied on less data than normal to make the estimate.
Home prices are up 29%, but the homeownership rate remains unchanged.
The administration accepted only 25,465 refugees in fiscal year 2022 that just ended — far fewer than the president’s goal of 125,000.
