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11/5/2021, 4:16 PM (Source: TeleTrader)
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Biden: Jobs data is a sign we are on the right track

United States President Joe Biden stated on Friday that the recent upbeat jobs report is "a sign we are on the right track." Unemployment dropped to 4.6%, a figure Biden claimed was previously projected to be reached at the end of 2023. "This did not happen by accident or 'just because.' We laid the foundation for this recovery with my American Rescue Plan that Congress passed at the beginning of my term," he said.

Biden said the US economy is "on the move" with 5.6 million jobs added in the first nine months of his presidency. The president claimed the US economy is "the fastest-growing major economy and one creating jobs at a faster pace than anyone."

Baha Breaking News (BBN) / DJ