President Joe Biden took to the podium on Friday to “put today’s jobs report in perspective.” He went on to say that “This month’s job numbers show we’re on the right track.”
“Today there is more evidence that our economy is moving in the right direction, but it’s clear we have a long way to go,” he said.
Biden believes that the jobs numbers show even more how essential his American Rescue Plan, or as conservatives are beginning to call it, the American Bankruptcy Plan, really is. Biden has continuously blamed the Trump administration for the current economic downturn.
He said that the report reinforces the truth “that middle class people have been left out, saying “we’re still digging out of an economic collapse that cost us 22 million jobs.” Biden said Trump mismanaged both the economy and the virus.
“State and local governments have to balance their budgets,” Biden said, noting that they had to lay off many municipal employees. Money will be pouring into states, he said, from the American Rescue Plan, that will help states hire people back.
“Restaurants and bars are coming back, too, he said. Many restaurant and bar owners have been unable to get workers to come back to work because of the unemployment assistance, which doesn’t run out until September.”We’re going to help schools and children and childcare centers across the country as well accelerate reopening and that’s underway” Biden said.”This is gonna continue to improve,” he said. “Thank goodness we passed the American Rescue Plan, and help is on the way, and more help is needed.”
Unemployment rose to 6.1 percent in April, the first time unemployment has increased since April 2020 when the coronavirus pandemic began. Analysts expected up to a million jobs to be created in April. However, only 266,000 jobs were actually reported. Biden stressed that the report was actually good news.
“Quite frankly, we’re moving more rapidly than I thought we would,” he said, arguing he always felt the recovery would be a “marathon” not a “sprint.”
As Biden pumps more into the economy, the jobs numbers, he said, reflect that the timeline for the spending is over a year’s term.
“I’m confident that we can do this because there’s nothing beyond the capacity of the American people,” he said.