Biden: Disappointing jobs report shows recovery is a "marathon," not a "sprint"

Biden repudiated that view and said that he knew when he took office that the economic recovery would be a "marathon," not a "sprint." He denied that there is "measurable" data to suggest people aren't looking for jobs because of enhanced unemployment benefits. Treasury Secretary Janet Yellen said at a press briefing shortly after Biden's remarks that "there's no question that we're hearing from businesses that they are having difficulty hiring workers," but that she does not believe that extra unemployment insurance is the "major factor. What they're saying: "Listening to commentators today, as I was getting dressed, you might think that we should be disappointed. But when we passed the American Rescue Plan, I want to remind everybody it was designed to help us over the course of a year, not 60 days. A year," Biden said in an address from the White House.
Advertisement

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement