HAPPENING NOW—BIDEN TALKS U.S. ECONOMY: President Joe Biden is delivering remarks on the economy.
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Last week, the April jobs report showed that the U.S. economy added just 266,000 jobs, far less than the 1 million jobs project by analysts. While some critics of Biden’s approach to post-pandemic economic recovery have seized on April’s jobs numbers to further entrench opposition to the administration’s American Jobs Plan and the American Families Plan, Biden says the numbers highlight just how important big, bold approaches to recovery are. ‘We have to build back better,’ Biden told reporters last week following the release of April’s report. ‘That’s why we need the American Jobs Plan I proposed to put us in a position where we c-an build back better, to reclaim our position as the leading and most innovative nation in the world.’
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