Philip van Scheltinga explains what Redfield and Wilton's latest polling means for the race to the White House in 2024.
In July 2015, during his daring, opening speech announcing his first bid for the presidency, Trump declared, rightfully, that the unemployment rate was"a statistic that's full of nonsense."
In simple terms, the unemployed who had given up and stopped looking for any job whatsoever were simply no longer being counted as part of the workforce. Behind the positive picture the decline in unemployment seemingly depicted, Americans were falling through the cracks. Promising redemption to these 'forgotten' Americans was critical in bringing a total outsider with no government experience into the White House.
Former President Donald Trump is pictured at Mar-a-Lago in Palm Beach, Florida on November 8, 2022. Trump said on Friday that he would refuse to"partake" in newly-appointed Special Counsel Jack Smith's investigation into his alleged criminal actives.In the end, though it did stop shrinking and even increased slightly before February 2020, the Labor Force Participation Rate still remained well below its previous peaks.
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