The US economy gains just 266,000 jobs in April
Presidente Joe Biden was forced to address the dismal April jobs report Friday after economists predicted larger growth, and he claimed the report was a “rebuttal” to the idea that Americans don’t want to return to work.
“Today’s report is a rebuttal to loose talk that Americans just don’t want to work,”O Sr. Biden disse.
“I know some employers are having trouble filling jobs, but this report shows there’s a much bigger problem," ele adicionou.
The US economy gained just 266,000 jobs in April, which was a surprise given economists predicted the country would see around 1 million new jobs for the next couple months due to more industries reopening.
This was the slowest month of growth since January, and comes on the heels of March adding 770,000 jobs.
“We’re still digging out of an economic collapse,”O Sr. Biden disse. “The economy still has 8 million fewer jobs than when this pandemic started. More workers are looking for jobs and many can’t find them.”
Cerca de 22 million jobs were lost when the pandemic hit in March 2020. The US has since recovered 63 per cent of those jobs, but there were still an estimated 8.3 million jobs to go.