While the Roosevelt Institute compares Biden to FDR, he is juicing a reshoring programme that is bringing more German and Japanese firms to the US which are suffering from inflation at home and need Biden's freebies than US firms which are happy where they are in China/India etc... Those firms also mostly bring their own staff, but such jobs as they make available don't find US takers because US retraining and reeducation programs for Americans are non-existent. Hence the disconnect between job availability and employable labour in the stats. Meanwhile Biden is sanctioning the world and aiding and abetting wars both of which are collapsing world trade and making raw materials and energy more expensive. Thus juicing a reshoring recovery into a global trade recession like a runaway train entering a station at full speed.
While the Roosevelt Institute compares Biden to FDR, he is juicing a reshoring programme that is bringing more German and Japanese firms to the US which are suffering from inflation at home and need Biden's freebies than US firms which are happy where they are in China/India etc... Those firms also mostly bring their own staff, but such jobs as they make available don't find US takers because US retraining and reeducation programs for Americans are non-existent. Hence the disconnect between job availability and employable labour in the stats. Meanwhile Biden is sanctioning the world and aiding and abetting wars both of which are collapsing world trade and making raw materials and energy more expensive. Thus juicing a reshoring recovery into a global trade recession like a runaway train entering a station at full speed.