Several economic indicators reveal that the U.S. labor market is showing signs of weakness under President Joe Biden’s administration, despite trillions in federal spending on economic policies and significant business regulations.
Americans looking for new job opportunities have often been faced with various hurdles such as “economic volatility” and increased competition during the current administration’s term, experts told the Daily Caller News Foundation. Despite this, the White House has repeatedly assured Americans that the U.S. job market has fared well during Biden’s sole term.
“Three major issues face job searchers today,” Peter Earle, a senior economist at the American Institute for Economic Research, told the DCNF. “First, the labor market has cooled. Total job openings have declined from their March 2022 peak, so there is increased competition for a…
