WASHINGTON- April’s disappointing jobs report showed only 266,000 job gains, after the Biden administration had predicted a gain of 1 million new jobs. The unemployment rate ticked up to 6.1% even amidst widespread re-openings and 45% of Americans now having received the COVID-19 vaccine.
Joel Griffith, a research fellow in The Heritage Foundation’s Roe Institute, released the following statement Friday calling out the failed policies that are disincentivizing employment and creating a drag on the economy:
“Today’s lackluster report suggests that spending policies implemented by the Biden administration and congressional Democrats are doing far more harm than good. We continue to hear from employers across the country and across many industries who are struggling to find workers to fill vacant positions because excessive new federal unemployment benefits are making work less worthwhile. The Biden administration’s policies are slowing the economic recovery by encouraging Americans not to return to work, plain and simple.
Heritage Experts: Abysmal Jobs Numbers Show Biden Administration Policies Doing More Harm Than Good
Abysmal Jobs Numbers Show Biden Administration Policies Doing More Harm Than Good
Discussion in 'News & Current Events' started by Revmitchell, May 7, 2021.