Biden Views Weak April Jobs Report As Justification For Massive Jobs and Families Bills

CNBC

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President Joe Biden said Friday that April’s lower than expected job growth reveals that the U.S. economy is still struggling to recover from the Covid pandemic, and that his massive infrastructure and family support bills are needed now more than ever.

“This month’s job numbers show we are on the right track,” said Biden. “But we still have a long way to go. My laser focus is on growing the nation’s economy and creating jobs. My laser focus is on vaccinating, and my laser focus is on one more thing: making sure that hard working people in this country are no longer left out in the cold.”

Hours before Biden spoke, the Labor Department reported that hiring slowed dramatically in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers.