On Day 107, President Joe Biden said the abysmal jobs report was not actually bad news—but it’s the last president’s fault.
On April Jobs Report, It’s “Best” To Average Things Together.
The April jobs report released Friday, May 7, fell far below expectations, with just 266,000 jobs added in the last month—against forecasts close to one million—and March’s jobs gains were revised lower, from 916,000 to 770,000.
President Joe Biden took the podium at 12:00 p.m. sharp to “put today’s jobs report in perspective,” blaming the economic situation on former President Donald Trump and touting his own massive spending bills as both working well and not enough.
“Listening to commentators today as I was getting dressed, you might think that we should be disappointed,” the president said with a laugh. “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. We never thought that, after the first 50 or 60 days, everything would be fine.”