Posted on 09/03/2021 8:30:21 AM PDT by DFG
The U.S. job market saw hiring slow to 235,000 jobs in August, a sharp drop off after two strong months with the Delta variant of the coronavirus to blame.
Still, President Joe Biden said it represented good news.
'What we're seeing is an economic recovery that is durable and strong. The Biden plan is working, we're getting results,' he said at the White House Friday morning.
The unemployment rate dropped to 5.2%, the Labor Department reported Friday, but the predictions for the job market failed to meet expectations by a significant margin.
'There's no question that the Delta variant is why today's jobs report wasn't stronger,' Biden said.
Economists surveyed by Dow Jones had been looking for 720,000 new hires.
Biden addressed the job numbers in a speech at the White House on Friday before heading to New Orlands to view the damage from Hurricane Ida.
Biden used much of the speech to press Congress to pass his $3.5 trillion spending package, which moderate Democratic Sen. Joe Manchin told party members Wednesday they should take a 'pause' on.
Manchin voiced concerns about inflation, while Biden talked about how the plan would be paid for: by taxing corporations.
'The fact of the matter is, it's about time they being to pay their fair share,' Biden said.
He cited how 55 of America's largest corporations paid zero in federal taxes.
(Excerpt) Read more at dailymail.co.uk ...
I ask where were the 81 million Americans that voted for Democrat, Joe Biden, the Faux USA, POTUS as he toured the state of Louisiana yesterday. Thousands, if not millions of his ardent supporters should have turned out to worship him. How many did turnout...”ZERO”!!! Go Figure, Ms.& Mr. American!!! Democrat, Biden must be removed from office...like right now!!!
remember the left is stupid. Just like when Mr. Monica Clinton was in office..it was only his words that mattered. Even when it was an outright lie like what Biden just did.
Of course it’s working. He planned to destroy America before anyone does anything about it, like impeach him. It’s working.
Pilgrims from:
Mexican border
Communist China
Afghanistan
Democrats NEVER admit wrong. NEVER.
Chest reliable energy?
Benedict Biden: THAT’S HIS NAME! Destroying America: THAT’S HIS GAME!!
So shy did he mandate students get vaccines ?
Joe insists the economy is ‘durable and strong’
And he wants to increase trillions of dollars in taxes twisted logic in motion.
Build Backwards Bigger
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.