What a swell guy. First Ford says that Joe made Mexico look much more inviting. Then we see that 770,000 more Americans filed unemployment claims. In 2019 President Trump pressured Ford and GM to commit to build in the US. Both said yes. GM so far has. Ford seeing the new taxes and regulations Joe Biden has plans of adding may have been too much. So they are heading south.
New weekly jobless claims rose to 770,000 for the week that ended March 13, the Department of Labor said Thursday. Economists surveyed by Econoday had forecast a decline to 700,000. The prior week was initially reported at 712,000 but was revised up to 725,000.