Politics

Biden administration defends economy after 75% misestimate in April jobs report

Only 266,000 jobs were added during the month of April despite the projected number of jobs added being 1 million.

Despite the error, the Biden administration argued that there is nothing to worry about. Recovering from a global pandemic was never going to be snag-free, President Biden argued. “We’re moving in the right direction,” Biden said. “Anyone collecting unemployment who is offered a suitable job must take the job or lose their unemployment benefits,” Biden said at one point. 

At this point, 115 million Americans have been fully vaccinated, which should allow the service sector to rehire for positions that were previously cut since the start of the pandemic. The current unemployment rate is 6.1 percent and was 6.3 percent about a week after Biden took office. “These monthly reports are a snapshot, as you all know,” the president said on Monday. He argued that April’s “snapshot” was taken early in the month before the situation drastically improved in the second half of the month.

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ARTICLE: DUSTIN RODGERS

POLITICS EDITOR: CARSON CHOATE

PHOTO CREDITS: YAHOO NEWS

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