India  

Long recovery ahead after weak jobs report -U.S. commerce sec

Video Credit: Reuters - Politics - Duration: 01:56s - Published
Long recovery ahead after weak jobs report -U.S. commerce sec

Long recovery ahead after weak jobs report -U.S. commerce sec

Many Americans are still struggling to return to work after the coronavirus pandemic and last week's lower-than-expected jobs numbers were a reflection of that, Commerce Secretary Gina Raimondo said on Sunday.

This report produced by Chris Dignam.

After last week's disappointing jobs report, U.S. Commerce Secretary Gina Raimondo said on CBS' "Face the Nation" Sunday that the economy has a long way to go before it fully recovers from a more than yearlong global health crisis.

RAIMONDO: "I think we have a long way to go to recover from the pandemic.

There are so many Americans still struggling, 8 million fewer jobs than there were pre-pandemic.

So, you know, we are working very hard.

In fact, we had a meeting with the president on Friday and that was his direction to us, which is: we are making bold moves but there's a long way to go and we have to be there to help Americans find jobs." U.S. job growth unexpectedly slowed last month, likely restrained by shortages of workers and raw materials.

Non-farm payrolls increased by only 266,000 jobs, well below the nearly 1 million jobs economists expected and a sharp contrast to steady increases in growth from January to March.

Raimondo said women have been particularly hard-hit, noting that many work in industries impacted the most, including lower-skilled service jobs, and said a lack of affordable child care and school closures have made matters worse.

The U.S. commerce secretary rejected some Republicans' contention that people are reluctant to return to work because they are receiving unemployment insurance, saying nothing in the data supported that argument.

RAIMONDO: "The number one reason now that people aren't going back to work is what you said: fear.

Or if they can't find childcare or schools are still closed.

So we'll monitor it as necessary but, right now, we don't think that's the reason people aren't able to go back to work." The Biden administration has said the $1.9 trillion pandemic relief package is helping to bring the economy back, and the president is now pushing for another $4 trillion in new investments.




You Might Like


💡 newsR Knowledge: Other News Mentions

Joe Biden Joe Biden President of the United States since 2021

Putin-Biden Meet: Russian Prez Exposes Biden’s Secret 2021 NATO Deal Offer | What Really Happened? [Video]

Putin-Biden Meet: Russian Prez Exposes Biden’s Secret 2021 NATO Deal Offer | What Really Happened?

In a shocking revelation, Russian President Vladimir Putin recalls his 2021 meeting with U.S. President Joe Biden, exposing a secret offer regarding Ukraine's NATO membership. Putin reveals that Biden proposed delaying Ukraine's admission into NATO for 10-15 years, claiming Ukraine was "not ready" at the time. This unexpected disclosure has raised questions about the behind-the-scenes negotiations between the two leaders and the future of Ukraine's NATO aspirations. Watch as we break down what really happened during this crucial 2021 summit and what it means for global diplomacy today. #PutinBidenMeeting #NATOMembership #SecretDeal #UkraineNATO #BidenPutin2021 #RussiaDiplomacy #GlobalPolitics #InternationalRelations #PutinExposesDeal #BidenDiplomacy #UkraineCrisis #NATODebate Also Read Aktau Plane Crash Tragedy: Putin Expresses Condolences To Azerbaijan President :: https://www.oneindia.com/international/aktau-plane-crash-tragedy-putin-expresses-condolences-to-azerbaijan-president-4025621.html?ref=DMDesc Putin Engages in Talks with Slovakian PM Fico During Rare Visit to Moscow :: https://www.oneindia.com/international/putin-fico-talks-slovakia-eu-leader-visit-moscow-011-4023525.html?ref=DMDesc Putin Engages in Talks with Slovakian PM Fico During Rare EU Leader Visit to Moscow :: https://www.oneindia.com/international/putin-fico-talks-moscow-eu-leader-visit-011-4023515.html?ref=DMDesc ~PR.274~ED.194~HT.336~GR.124~

Credit: Oneindia    Duration: 03:06Published

'Makes no sense': Trump criticises Biden for death row decisions

Donald Trump says that when he takes power next month he will direct the US Justice Department to "vigorously pursue" the death penalty.
Sky News

Biden reduces all but three US federal death sentences to life imprisonment

Joe Biden has announced he is changing the sentences of 37 of the 40 people on death row in America to life imprisonment.
Sky News
Biden’s Last Act: Is the Outgoing Administration Sabotaging Trump’s Peace Deal and Pushing World War [Video]

Biden’s Last Act: Is the Outgoing Administration Sabotaging Trump’s Peace Deal and Pushing World War

As tensions escalate in the Ukraine conflict, Russian officials accuse the Biden administration of deliberately obstructing peace efforts ahead of President-elect Trump’s return to the White House. With U.S.-supplied weapons striking deep into Russian territory and Putin issuing stark warnings to NATO, the stakes have never been higher. Is Biden’s outgoing administration fueling conflict to hinder Trump’s diplomatic plans? Explore the latest developments and their global implications. #UkraineConflict #BidenAdministration #Trump2024 #RussiaUkraineWar #WorldPeace #NATO #PutinWarning #HIMARS #Geopolitics #InternationalNews ~PR.274~HT.318~ED.346~GR.344~

Credit: Oneindia    Duration: 03:09Published
House Passes Stopgap Funding Bill to Avert Shutdown; Senate Vote & Biden’s Approval Next [Video]

House Passes Stopgap Funding Bill to Avert Shutdown; Senate Vote & Biden’s Approval Next

The House passed a stopgap funding bill to avert a government shutdown just hours before the midnight deadline. The bill extends funding through March 2025, providing disaster relief and farm aid, but excludes the debt limit suspension demanded by President-elect Trump. The bill now moves to the Senate for approval before being sent to President Biden. Speaker Mike Johnson and other Republicans worked to secure Democratic support, while Trump’s opposition led to changes in the bill's provisions. #GovernmentShutdown #StopgapFunding #HouseVote #DisasterRelief #FarmAid #DebtLimit #SenateApproval #PresidentBiden #RepublicanLeadership #TrumpOpposition #Oneindia #OneindiaNews Also Read Government Shutdown: What It Means for Federal Employees and Social Security Payments :: https://www.oneindia.com/international/government-shutdown-impacts-on-federal-employees-011-4021087.html?ref=DMDesc Trump's New Demands Result in Collapse of Bipartisan Government Funding Plan Ahead of Deadline :: https://www.oneindia.com/international/government-funding-plan-collapses-trump-demands-011-4020029.html?ref=DMDesc US Congress Approves Temporary Funding Bill to Prevent Government Shutdown Until December :: https://www.oneindia.com/international/us-congress-passes-temporary-funding-bill-avoid-shutdown-011-3945067.html?ref=DMDesc ~HT.318~ED.102~PR.362~GR.125~

Credit: Oneindia    Duration: 03:11Published