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Biden to respond to disappointing jobs report

Biden to respond to disappointing jobs report

ABC News
Friday, May 07, 2021 04:24:34 PM UTC

Biden is set to deliver remarks Friday on the economy, after traveling the United States to sell his American Jobs Plan and American Families Plan.

With the April jobs report falling well below analysts' expectations, President Joe Biden on Friday faced both a challenge to answer why his enormous COVID-19 relief package hasn't created a bigger economic boost, and an opportunity to underscore the need to pass his equally massive jobs and infrastructure plans. Biden is set to deliver remarks Friday morning addressing the economy, after spending much of the week traveling the United States to sell his American Jobs Plan and American Families Plan, which would pump nearly $4 trillion in government spending into the economy. Many economists expected nearly 1 million jobs to be added to the economy in April, but the total was just 266,000, a disappointing slowdown in growth. Republicans on Capitol Hill have pinned blame for slow job growth on Biden's COVID-19 relief benefits, including an additional $300 per week in unemployment, for disincentivizing workers from reentering the labor force.
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