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Biden says Friday's jobs report shows COVID-19 relief bill is urgently needed

Published 03/05/2021, 02:46 PM
Updated 03/05/2021, 02:50 PM
© Reuters. U.S. President Joe Biden receives economic briefing at the White House in Washington

WASHINGTON (Reuters) - U.S. President Joe Biden said on Friday the latest job report shows job gains are too slow and his COVID-19 relief bill is urgently needed to boost the economy.

Employers added 379,000 jobs in February and January gains were revised higher to 166,000 jobs, the Labor Department said on Friday. The pickup comes after employers cut jobs late last year.

Biden, speaking ahead of an economic briefing by top advisers including U.S. Treasury Secretary Janet Yellen, said: "Without a rescue plan, these gains are going too slow. We can't afford one step forward, two steps backward."

Latest comments

I don't care.. I want free money and I want it now.. I don't want to work..
No relief bill is going to cure laziness. No job? Want money? Make them fix highways or dig wells.
Is it continue paying 16$/hour for unemployment will discourage most people to head back to work?Which Uber driver for example will jump back behind the wheel and start driving?I think they will milk the system the longest they could.
with no show jo it's one step forward...where am I again?
funny. The narrative parroted by the shills is economy BOOMING stocks surging on recovery hopetimism....but apparently you still need 1.9 trillion to keep it going
United States people is lucky because of the powerful money. You can reach vaccine easily and you can find job easily in big country. If you don’t like working or if you dont use your brain for tech computer software works, you cant deserve nothing.
Good and bad job reports are both excuse for your stimulus.
next stimulus never going to come, this is just a political dialogue to take people in his hand.
There are plenty of jobs the problem is the extensions and people not wanting to work cause its not related to their field.. adapt and move on.
The biggest problem with the last recession and economic fall was that recovery took too long. That is why the booster shot is needed.
Fridays jobs report... Nfp was almost double what was forecasted. How does that require 2 trillion more debt?
it's all part time and low paying jobs. stimulus still needed
Biden is unable to have a Press Conference. He will have to resign and Harris take over. It's not safe for him to have the codes and be Commander in Chief. Period.
lol 🤣 Trump is a cult bud
Trump had many flaws. Deteriorating mental capacity was one.
People don't want to work when you are paying them to stay home. Business's in my area are begging for workers. Television advertisements and signs for help wanted are everywhere!
Schools are closed. Many people have no choice just to stay home with the kids.
Thank God for Trump to get vaccines developed quickly and keeping economy going. Hope all is not all down hill from here with no concept of money! !
Trump is a cult bud. you are part of it.
Thank God for Trump to get vaccines developed quickly and keeping economy going. Hope all is not all down hill from here with no concept of money! !
funny how they called reading the bill before voting on it a "delay"
We are reaching a perilous point for the market and especially EM, with the trifecta of stronger dollar, surging oil prices and higher yields. Hedge your portfolio carefully, the near term looks guarded at best. Nasdaq could not even regain its 100 day MA on a dead cat bounce.
Yeah. Trump Jump should be followed by the Biden Dump . (It seems to be running a bit late.)Don't misunderstand. A SEVERE BEAR MARKETS will likely be best for most people on Planet :).
I don’t think biden has a clue what anybody needs.
I'll make sure He knows.
Not sure what figures Biden was read by Pelosi. Meanwhile oil, dollar and treasuries march higher...
Let's give everybody 100K, that will help and create jobs.
oh don't we miss maga?? highly entertaining
Why is he alone in this picture, nobody around, and still with a mask on? Brainwashing bs. Reopen the country you scared old man, can't keep putting bandaids on a broken leg.
That's what a president does. Shows an example to others. If Dump did the same thing when he had a chance then maybe we would have fewer dead people and not be affected this badly by the virus.But only arrogance and Twitter.
oh really? Just like when The Democrats called him a racist when he shut down travel from China? Not tryna stick up for Trump but it aint like your democrats are saints. They’re all hypocrotes!
same as Trump. Ovating when Dow reaches 35k
$2 trillion more magically created money injected into a reopening economy what could possibly go wrong
Stock market at all time highs... SEND MORE BAILOUT they scream.
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