The President of the United States, Joe Biden, celebrated the “strong” job creation pointed out by the June payroll report this Friday (8), but anticipated expectations for a slowdown in the pace of job creation in the coming months. The Democrat issued a statement on the subject after the indicator was released.
In the note, Biden stressed that the US private sector has regained all the jobs lost during the pandemic and added even more. According to him, the performance represents the fastest recovery of the sector in history.
“In the second quarter of this year, we created more jobs than in any quarter under any of my predecessors in the nearly 40 years before the pandemic,” he said, emphasizing the fact that there are more Americans working now than during his tenure. predecessor, Donald Trump.
For Biden, the job market indicates that the US is in a unique position to deal with global challenges, including the effects of the war in Ukraine. “No country is better positioned than the United States to reduce inflation, without giving up all the economic gains we’ve made in the last 18 months,” she said.
On the expected weakening in employment growth, Biden said that this will not be “a bad thing, because our economy should move towards stable growth in the coming years”. The president again urged Congress to pass legislation that would reduce costs to families and narrow the federal budget deficit.
Source: CNN Brasil
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