President Joe Biden reacted on Friday to a disappointing April jobs report by saying the U.S. economy has a “long way to go” before recovering from its pandemic slump, and he urged Washington to do more to help the American people.last month, likely restrained by shortages of workers and raw materials. Nonfarm payrolls increased by only 266,000 jobs, well below the nearly 1 million jobs economists expected and a sharp contrast to steady increases in growth from January to March.
"Today's report just underscores in my view how vital the actions we're taking are," Biden said in remarks at the White House. "Our efforts are starting to work. But the climb is steep and we still have a long way to go."to record highs despite the news, as fewer investors feared the Federal Reserve would reduce its massive stimulus program anytime soon, and bet Biden’s investment plans would succeed.in Washington over government spending.
"It's clear that there are people who are not ready and able to go back into the labor force," Treasury Secretary Janet Yellen told reporters, citing parents whose children are still learning remotely. "I don’t think the addition to unemployment compensation is really the factor that is making a difference.”U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S., May 7, 2021.
Bernstein and other officials said no course correction is required from the White House. But the U.S. Chamber of Commerce business lobby said the governmentSome states, including Arkansas, Montana and South Carolina, have decided on their own to end the special federal unemployment payments for their residents, refusing federal cash in the hope that helps businesses find workers faster.
Will president TRUMP MAKE IT HISTORICALLY number of jobs this is the deferent between the great president and the sleeper President
Bullshit!
I’m curious, has Biden kept all of Trumps tariffs?
Fur SuRe dood
that is NOT what i said, i said it makes my dick hard
POTUS is fearmongering the American public in the name of the Democrats' power grab. Democrats are the AmericanBolsheviks
good
SheikhJarrah now