The Biden Effect: Over 3 Million Jobs Lost Due To Employer Closures Or Lost Business

The Biden Effect: Over 3 Million Jobs Lost Due To Employer Closures Or Lost Business


A new report revealed on CNBC Friday that 3.1 million people have been unable to work due to their employer closing or losing business as inflation and government regulations continue to cripple the job market.

The information was discussed during a “CNBC Investing Club with Jim Cramer” report on Friday morning.

“3.1 million people reported they’ve been unable to work because their employer closed or lost business,” Cramer said.

CNBC: “3.1 million people reported they’ve been UNABLE TO WORK because their employer closed or lost business.” pic.twitter.com/vkKREXflEf

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“This is what I’m hearing from a lot of CEOs is that basically, look, we can’t staff, or we’re looking for people, or a lot of our customers are going under,” he added.

The report also comes

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