Joe Biden Speaks After Disappointing April Jobs Report

Unlike a lot pundits, I wasn’t willing to pop the champagne and assume that the economy would be roaring a year from now. In my experience, few things are more unreliable than the predictions of economists.

Axios:

“The U.S. economy added a mere 266,000 jobs last month. Forecasters had floated gains close to 1 million, making this the biggest miss, relative to expectations, in decades.

Why it matters: It’s a major setback for the hopes of a speedy labor-market recovery alongside America’s great reopening. …”

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Author: Hunter Wallace


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