President Joe Biden’s approval rating in May fell to its lowest level in almost two years, Reuters/Ipsos poll found Tuesday, deepening reelection concerns.

Presidents historically need an approval rating around 50 percent to win reelection.

Only 36% approve of Biden, down two points since April. It matches his lowest-ever approval rating in July 2022.

Biden’s sluggish economy for main street was the top issue (23 percent) for Americans, while 21 percent of respondents said political extremism was the top issue, followed by the open border (13 percent).

On the question of who managed the economy better, Trump soared ten points above Biden (40-30 percent).

Trump also held a massive lead on the issue of border security. Trump leads Biden 42 percent to Biden’s paltry 25 percent.

Reuters did not immediately provide the sample size among U.S adults. The margin of error was three percentage points.

The poll is the latest negative survey for Biden. Numerous recent polls show Biden lost support among demographics key to his 2020 victory:

Biden’s allies are panicked. “It should be a wake-up call,” CNN’s Van Jones said last week. “Young people are upset. And it’s not just the situation in Gaza — the economic prospects for young people are miserable.”

Polling “is rightly causing panic among Democrats,” Alex Shephard of The New Republic reported. “Voters know Joe Biden—and they’ve decided that they don’t think he’s capable of doing the job of president for a second term.”

“It’s hard to see how Biden can turn around this perception of him, however,” Shephard continued. “He will not be any younger on Election Day, and there’s not a lot he can do to combat concerns about his age.”

Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.