Surprising January jobs numbers may be lagging indicator propped up by delayed layoffs | Just The News
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Surprising January jobs numbers may be lagging indicator propped up by delayed layoffs | Just The News
Sent from my SM-G990U using Tapatalk
A stronger-than-expected jobs report has put the wind at President Biden’s back ahead of his State of the Union address next week, and it could provide additional momentum as he prepares a reelection announcement in the coming weeks.
Biden on Friday hailed new data from the Labor Department that showed the economy added 517,000 jobs in January, far exceeding economists’ expectations. The president wasted little time connecting the positive development with next Tuesday’s address to the nation.
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