The Economy Stays Strong and Durable as Insisted by Joe Despite of Disappointing Jobs Report
In August, the hiring in the U.S. job market became slow; a significant drop-off happened after two months of dealing with the Delta variant of Covid-19. U.S.
President Joe Biden said that the situation means good news. He stated that he could view a positive outcome on the recovery of the economy that is strong and durable. With the help of the Biden plan, results are promising.
On Friday, the Labor Department stated that the unemployment rate has dropped to 5.2%, but the job market has failed significantly by not meeting the predicted expectations. Dow Jones, an economist, surveyed 720,000 new jobs.
President Biden …