The media’s rosy portrayal of Biden’s economy is finally cracking, as NBC Nightly News exposes companies laying off workers and rescinding job offers made to recent college graduates due to economic turmoil under President Joe Biden’s watch.
It appears that the worsening economy under the Biden administration has forced major companies like Meta and Amazon to start laying off employees and withdraw previous job offers made to young college grads. Unemployment rates may be near 50-year lows, but employers are becoming increasingly concerned about the slowing economy and are hesitant to take on new hires. This hesitancy is hitting new members of the workforce the hardest, with stories of college graduates losing job offers even after accepting them being shared on platforms like Fishbowl. This paints a bleak picture of the state of the economy, one the leftist media has taken a year to admit.
A recent example is the story of a University of Virginia graduate, Lilliana Nabhan, who had a job offer from a tech company in San Diego rescinded just days before her graduation. Rescinded job offers shared on networking platform Fishbowl have risen 50% from last year. Even LinkedIn has reported that hiring for entry-level jobs requiring college degrees is down 45% this year.
Nabhan is now planning on pursuing a waitressing job or taking time to reassess her goals. This turn of events shows an alarming situation where even college-educated Americans are left waiting tables in a struggling economy.
It is high time we see more honest coverage of the economic situation in the United States. Will the leftist media continue to speak the truth, or will they revert to gaslighting the public to bolster Biden’s electoral prospects?