Politics

Biden on underperforming jobs report: ‘We knew this wouldn’t be a sprint, it’d be a marathon’

On Friday, President Joe Biden reported that the United States economy is “moving in the right direction.” However, there is a long way to go after the jobs report fell far short of what was expected.

Friday, ABC 17 News reported on President Biden’s review of the jobs report, which fell well below expectations.  “We knew we were facing a once-in-a-century pandemic and a once-in-a-generation economic crisis.  We knew this wouldn’t be a sprint, it’d be a marathon,” Biden said while speaking at the White House.  “We never thought that after the first 50 or 60 days everything would be fine,” He continued.  

According to the White House, the US is still “digging out of an economic collapse,” and that the Covid-19 emergency relief bill he signed into law had the purpose of helping the country over a year-long period.  

Experts predicted the US would add 1 million jobs in April due to Covid-19 vaccine rollout and reopening of the economy.  However, the US only added 266,000 jobs this past month.  Unemployment rates rose to 6.1% compared to the 6% from the previous month.  The President felt that Friday’s jobs report didn’t accurately reflect “how vital the actions we’re taking are”.  He continued to say that all the programs passed with the American Rescue Plan have been fully implemented.  The $1.9 trillion in funding will continue to be doled out.  

House Speaker Nancy Pelosi said the disappointing jobs report only “highlights the urgent need” to pass Biden’s two economic proposals, which are the American Jobs Plan and American Families Plan.  “We need to take bold action to Build Back Better from this crisis by investing in our nation, our workers and our families,” Pelosi stated.  As the President negotiates these economic proposals, he is continuing on his “Getting America Back on Track” tour.  The tour is the President’s effort to promote his economic proposals and explain how they will benefit middle-class America and help to rebuild the country following the pandemic.

READ MORE UNBIASED NEWS AT FBANEWS.ORG

ARTICLE: JILLIAN WEIDNER

POLITICS EDITOR: CARSON CHOATE

PHOTO CREDITS: USA TODAY

Leave a Reply