* Biden tried to put a positive spin on the worst jobs report of his presidency
* He urged Americans to look at the bigger picture and pushing his infrastructure bills and his trillion-dollar social program
* 'If you take a step back, look at what's happening, we're actually making real progress. Maybe doesn't seem fast enough - I'd like to see it faster,' he said
* 'We're making consistent steady progress,' he said
* Employers added far fewer jobs than expected for the second month in a row
* Economists surveyed by Refinitiv were expecting 500,000 new jobs to be added
* Shows the delta COVID variant still has a grip on the economy
* Supply chain bottlenecks have also worsened and store shelves are emptying
* 'Clearly, [Biden's] big government, trillion dollar, socialist plans aren't working. They're just bankrupting Americans,' one Republican wrote on Twitter
* 'The jobs numbers are pretty good actually...' Biden's chief of staff wrote on Twitter
President Joe Biden on Friday tried to put a positive spin on the worst jobs report of his presidency, urging Americans to look at the bigger picture and pushing his infrastructure bill and his trillion-dollar package of social programs.
'If you take a look at the trend itself, on average 600,000 new jobs created every month since I took office,' Biden said.
'In total, job creation in the first eight months of my administration is nearly 5 million jobs.' 'Now that's progress,' he added.
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WNU Editor: His Chief of Staff is saying the same thing (see below):
"The jobs numbers are pretty good actually..."https://t.co/EDGpUxdhTa
— Ronald Klain (@WHCOS) October 8, 2021
As to what is my take.
Not what I expect from an economy like the U.S.. One has to just look at Canada, a country that is a tenth of the population of the U.S., enjoy a 157,000 job increase in September .... 157,000 new jobs in September get Canada's economy back above pre-pandemic level (CBC).
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