The majority of Americans feel they cannot keep up with the cost of living as inflation and the price of goods continue to rise, according to new polling data.
A poll from NBC News asked Americans, “Do you think that your family’s income is … going up faster than the cost of living, staying about even with the cost of living, or falling behind the cost of living?”
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Republican leaders slammed President Joe Biden after December’s jobs report released Friday reported numbers well below economists’ projections, highlighting the report as another example of how the president mishandled the post-pandemic recovery.
The U.S. economy added only 199,000 jobs in December while unemployment dipped to 3.9%, the U.S. Bureau of Labor Statistics (BLS) announced Friday. Economists surveyed by The Wall Street Journal projected that the economy would add 422,000 jobs in December and that unemployment to fall to 4.1%.
“Our economy should be soaring right now, but the policies of this administration continue to stifle growth and hold back American businesses and workers,” House Minority Leader Kevin McCarthy said in a statement.
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