Biden: Low Jobs Number Shows 'We Have a Long Way to Go' - New Delhi Times - India's Only International Newspaper
May 8, 2021 Share The Biden administration moved quickly on Friday to allay concerns that a surprisingly weak jobs report issued by the Bureau of Labor Statistics suggests that the American Rescue Plan, a $1.9 trillion stimulus package that became law in March, is failing in its goal of revitalizing the economy. Economists and policymakers in the U.S. were stunned Friday morning when the BLS reported that the U.S. economy, thought to be expanding at a rapid pace, added only 266,000 jobs in April. That was far short of the 1 million that many experts had been projecting and, combined w...