Biden Lowers Expectations After Another Dismal Month of Job Growth

Sharing is Caring!
President Joe Biden spoke on Friday after the release of April’s jobs numbers. The Bureau of Labor Statistics released the April numbers, showing that employment rose by 559,000 in May, though this was about 100,000 less jobs than economists had predicted. The estimate was for 671,000 jobs.

See also  Drowning in Cash, Money Markets Seek Another Life Raft From Fed (Repos, Inflation, Retail Miss)
“There are going to be ups and down in jobs and economic reports, but there are going to be supply chain issues and price pressures on the way back to stability and steady growth,” he said.

See also  WATCH: Man punches elderly asian woman after saying 'Good Morning' at 1am


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.