Why April’s disappointing jobs report may not be so bad for Biden - News Summed Up

Why April’s disappointing jobs report may not be so bad for Biden


“The disappointing April jobs report highlights the urgent need to pass President Biden’s American Jobs and Families Plans,” said House Speaker Nancy Pelosi. “The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,” said Neil Bradley, executive vice president of the U.S. Chamber of Commerce. With April’s gain, the nation has recovered about 14.2 million jobs, or about 63% of what was lost. The jobs report came on the heels of recent data showing U.S. economic output in the first quarter has just about fully recovered. California’s jobs report for April will be released in two weeks.


Source: Los Angeles Times May 07, 2021 12:47 UTC



Loading...
Loading...
  

Loading...