President Joe Biden is trailing former President Donald Trump by more than 20 points on the issue of which candidate would better handle the economy, according to a new poll.

The leading Republican front-runner, Trump, holds a 22-point lead over Biden on the question of which candidate would better handle the economy, with 55% picking Trump and 33% selecting Biden, according to an NBC News poll conducted Jan. 26-30. The dismal outlook for Biden comes despite his recent boasting that “jobs are growing,” with more than 300,000 created just last month.

When the same question was proposed to voters in October 2020, a month before Biden defeated Trump, the then-president held just a seven-point advantage over Biden, 48% to 41%.

The economy beat expectations in January and added 353,000 jobs, the Bureau of Labor Statistics reported Friday morning, while the unemployment rate remained at 3.7%, a low number by historic standards. Last week, Biden used the reports to champion the “great news” for working-class families, saying, “Jobs are higher now than before the pandemic.”