Biden touts June jobs report despite his economic advisers' caution
President Biden is already touting expectation-exceeding job growth in June as evidence that the administration's initiatives, like the American Rescue Plan, are effective.
"We're proving to the naysayers and the doubters that they were wrong," Biden said at a press conference. Friday's June jobs report detailed 850,000 new jobs, "promising" growth that is expected to expedite U.S. economic recovery.
However, the president's sense of confidence comes just days after the White House's Council of Economic Advisers warned against reading too far into Friday's number, since "a single month's jobs report" and its positive or negative implications may not paint as full a picture of U.S. economic health as desired.
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That said, good luck trying to get the president to talk about much else.
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Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.
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