(Aka the unemployment rate, the cost of eggs, gas prices, inflation, the Dow Jones, whether citizens received stimulus checks, and Trump’s overall approval rating.)
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Note: Inflation data is released a few weeks after the end of each month, so our reports will look at the previous month’s numbers.
According to the Bureau of Labor Statistics, unemployment appears to be slightly lower at 4.4%, the number considered for the nation. Meanwhile, industries such as health care, social assistance, and food services are seeing individual increases in their unemployment rates.
Instead of responding with a plan, Donald Trump just did claimed Without proof that Democrats hired “a million people, and then another million, and another million” to lower the unemployment rate while they were in charge of their party. “This is a bogus rate,” he has declared in the past (again, without evidence).
through Twitter: @ReallyAmerican1
Our numbers reflect nearly a year into Biden’s presidency, and the cost of 100% ground beef chuck has risen by about a dollar, according to the Bureau of Labor Statistics.
Groceries are more expensive. Americans are feeling it in their wallets and stomachs. What should be done for this?
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Gas is a sensitive subject Economy Hate Watch Readers. Every time I post a new report, I get hundreds of comments here and on Instagram about how the national average doesn’t nearly reflect the price they see at the pump. Some people are seeing numbers starting with six, and others – lucky souls – are seeing two.
What I would like to say is that our last edition received a comment asking me to reiterate that gas prices are cyclical. People go out and travel more in the summer, and tend to stay inside more during the winter. So, this is usually reflected in the prices. Demand for gas is higher in warmer climates and less enticing to renters in winter.
For now, at $3.024 a gallon, we’re seeing winter prices before the summer boom.
Inflation was flat month-over-month at 2.7%, according to the Bureau of Labor Statistics. However, the same bureau reported that the number was .3% higher than normal on a seasonal basis.
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Can I be honest, everyone? Is it a safe place?
The Dow Jones section of this report always gives me the ick. As someone unfamiliar with the concept of stocks and trading, I have never seen the correlation between markets seem to increase when a country hits a social low. According to State Muse, the market saw a 1% increase in December.
Last month, I joked on Truth Social about the $2,000 tariff dividend checks Trump announced, and how there hadn’t been a peep about them since November. Well, little did I know that Trump apparently forgot he even mentioned the idea.
Asked if Americans could expect to see their $2,000 checks as he promised, Trump reportedly asked New York Times reporters, “Did I do that? When did I do that?”
So if you ask me: the president’s memory is… questionable, and no, we can’t rely on him to remember his own promises to the American people.
Once again, Donnie is seeing his term-low approval rating of 36%.
As our comments section proved last month, readers are deeply conflicted. While you all seem to be incredibly valid, I’m also seeing a lot of questions about that last third of Americans. What do we think about what makes them stronger? Let me know in the comments.
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This is a great question! Yes, it’s true that we pull our data largely from government-led agencies like the Bureau of Labor Statistics and the US Energy Information Administration. And yes, I’d be lying if I didn’t worry a little about the misleading statistics.
However, there are some points that give me confidence in our data:
1. In Economy Hate WatchWe cross-reference our data with reports published by organizations, economists, and other news outlets to ensure an unbiased examination. In previous editions, we’ve shared times when economists felt the numbers presented by the Trump administration were misleading, and we’ll continue to bring you that added context.
2. Many employees in these agencies have worked there for years. They’ve crunched the numbers under different presidents — regardless of their party — and in different eras in America. When Trump threatens them, and he has, these economists are quick to call it very public and refuse to budge.
It is good to be aware of the information. We are also vigilant, and always strive to bring you the most accurate data available. If we ever missed something, feel free to leave us a comment! I read them all.
I also wish there were all administration departures from humanity boiled down to a single, cohesive number. Until then, you can keep your personal measurements through our coverage.
Love to see a fellow hater! To never miss out on our reports, subscribe here.
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