Press "Enter" to skip to content

US Unemployment Drop Signals ‘Recovery Is Moving Forward’: Joe Biden

The US unemployment price fell beneath 5 p.c for the primary time since March 2020, Joe Biden mentioned.

Washington: US President Joe Biden put a gloss on disappointing job creation figures Friday by specializing in a drop in unemployment, which he mentioned marks a “sign that our recovery is moving forward.”

While the variety of new jobs final month was far beneath expectations, the unemployment price fell to 4.eight p.c — beneath 5 p.c for the primary time since March 2020, Biden mentioned.

“The monthly totals bounce around, but if you take a look at the trend, it’s solid,” he mentioned of the job creation numbers. “When you take a step back and look at what’s happening, we’re actually making real progress.”

(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    %d bloggers like this: