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Biden says weak jobs report shows need | News, Sports, Jobs - Vimarsana News

Biden says weak jobs report shows need | News, Sports, Jobs

The Associated Press WASHINGTON — President Joe Biden insists an unexpected slowdown in companies’ hiring is clear new proof the U.S. needs the multitrillion-dollar federal boost he’s pushing. But his sales effort is challenged by critics who say Friday’s jobless figures show his earlier aid legislation — successfully rushed through Congress — is actually doing more harm than good. Biden’s promised economic comeback hardly stalled on Friday. But it seemed to sputter a bit with a report that found merely modest April job gains of 266,000 and complicated his new $4 trillion push f...

Weak jobs report could spur or slow Biden's $4T package | News, Sports, Jobs - Vimarsana News

Weak jobs report could spur or slow Biden's $4T package | News, Sports, Jobs

Associated Press President Joe Biden speaks about the April jobs report Friday in the East Room of the White House. (AP Photo/Patrick Semansky) WASHINGTON (AP) — President Joe Biden’s promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of 266,000 that complicated his $4 trillion push on infrastructure, education and children. The employment report failed to show that the U.S. economy was accelerating forward so much as it appeared to be stutter-stepping along as the unemployment rate ticked up to 6.1%. Economists had projected roughl...

Calls to end pandemic unemployment benefits gain steam after disappointing jobs report - Vimarsana News

Calls to end pandemic unemployment benefits gain steam after disappointing jobs report

Calls to cancel pandemic-era unemployment benefits intensified this week as worries over a labor shortage gained steam, culminating in a crescendo on Friday after a wildly disappointing jobs report for April.

Source: aol.com
Jobs report: Biden conomic recovery stalls - Vimarsana News

Jobs report: Biden conomic recovery stalls

WASHINGTON (AP) — President Joe Biden’s promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of 266,000 that complicated his $4 trillion push on infrastructure, education and children. The employment report failed to show that the U.S. economy was accelerating forward, so much as it appeared to be stutter-stepping along as the unemployment rate ticked up to 6.1%. Economists had projected roughly one million added jobs last month, and the modest hiring indicated that the $1.9 trillion coronavirus relief package has provided an un...

WATCH: Biden reflects on mediocre April job gains - Vimarsana News

WATCH: Biden reflects on mediocre April job gains

WATCH: Biden reflects on mediocre April job gainsEconomy Updated on May 7, 2021 2:06 PM EDT — Published on May 7, 2021 9:19 AM EDT WASHINGTON (AP) — President Joe Biden’s promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of 266,000 that complicated his $4 trillion push on infrastructure, education and children. Watch Biden’s remarks in the video player above. The employment report failed to show that the U.S. economy was accelerating forward, so much as it appe...

Source: pbs.org