US Unemployment Drop Signals 'Recovery Is Moving Forward': Joe Biden

The US unemployment charge fell under 5 p.c for the primary time since March 2020, Joe Biden mentioned.

Washington: US President Joe Biden put a gloss on disappointing job creation figures Friday by specializing in a drop in unemployment, which he mentioned marks a "sign that our recovery is moving forward."

While the variety of new jobs final month was far under expectations, the unemployment charge fell to 4.8 p.c -- under 5 p.c for the primary time since March 2020, Biden mentioned.

"The monthly totals bounce around, but if you take a look at the trend, it's solid," he mentioned of the job creation numbers. "When you take a step back and look at what's happening, we're actually making real progress."

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