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Biden On Jobs Report-'Moderation In Jobs Growth Is Appropriate'

WHITE HOUSE

The White House has released a statement from President Joe Biden on today's jobs report talking up the statistics. Full statement:https://www.whitehouse.gov/briefing-room/statement...

  • States that "...in December, the unemployment rate fell to its lowest level in the last 50 years. [...] At the same time, average monthly job gains have come down from over 600,000 a month at the end of last year to closer to 200,000 a month. This moderation in job growth is appropriate, and we should expect it to continue in the months ahead, even as we maintain resilience in our labor market recovery."

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