Joe Biden's Approval Remains Low as Voters Express Economic Concerns

Disapproval of President Joe Biden remains high with about six months until the crucial 2022 midterm elections and as the U.S. grapples with high inflation and gas prices.

Three polls conducted over the past week show the president's approval rating hovering in the low 40s, while disapproval of how he's doing his job is at or above 50 percent in each survey.

The most recent polls come as Biden has ramped up his criticisms of former President Donald Trump and what he has described as "MAGA Republicans" as Democrats' prospects in November look bleak.

An Ipsos poll conducted from May 9 to 10 showed Biden with an approval rating of just 42 percent, while 50 percent of respondents expressed disapproval of the president.

Rasmussen Reports/Pulse Opinion Research's Biden approval index found that the president's approval was just 40 percent on May 11 compared to 59 percent who disapproved.

A poll by The Economist/YouGov conducted from May 8 to 10 gave Biden an approval rating of 41 percent and disapproval of 51 percent. This represents a slight improvement in the president's popularity since a YouGov/Yahoo News poll from May 3 to 6, which found Biden with 40 percent approval and 52 percent disapproval.

Poll tracker FiveThirtyEight, which tracks Biden's approval based on a large number of polls and its own system of pollster rating, gave Biden an approval rating of 41.7 percent as of May 11.

The president's disapproval stood at 52.2 percent as of Wednesday, according to FiveThirtyEight's analysis. Biden's approval has been in negative territory since August 30—the day before the final withdrawal of U.S. troops from Afghanistan.

Both the Ipsos and YouGov polls found that the economy was the biggest issue of concern for American voters.

When respondents were asked what the most important problem facing America was, 28 percent told Ipsos it was the economy, unemployment and jobs, followed by 9 percent who said it was environment and climate.

YouGov found that 66 percent of respondents rated jobs and the economy as very important, while a further 28 percent said that issue was somewhat important.

That poll also found that 42 percent of respondents said Biden has "a lot" of responsibility for the inflation rate, while 31 percent said he bore some responsibility and 27 percent said he did not have much responsibility for it.

Ipsos found that 52 percent of U.S. adults wanted the White House to prioritize the economy, followed by 19 percent who wanted employment and jobs prioritized Respondents were asked to choose their top two issues.

Forty-three percent approved of Biden's handling of employment and jobs, while 38 percent approved of how he's handling the economy.

Those figures come amid rising consumer prices as the inflation rate in April stood at an annualized rate of 8.3 percent—well above the Federal Reserve's 2 percent target.

Gas in the U.S also reached a new record high with the average price of a gallon at more than $4.40 on Wednesday, according to the American Automobile Association (AAA).

Voters' economic concerns are likely to have a major impact on the upcoming midterm elections, while FiveThirtyEight's generic congressional ballot on Wednesday showed that 45.5 percent of Americans would support the GOP in the midterm elections compared to 42.9 percent who would support the Democrats.

Biden Speaks to Lockheed Martin Employees
President Joe Biden speaks to employees at Lockheed Martin, a facility which manufactures weapon systems such as Javelin anti-tank missiles, on May 3, 2022 in Troy, Alabama. Biden's approval rating is currently hovering in the low 40s. Julie Bennett/Getty Images