President Biden expressed concern that he sounded particularly hoarse Friday morning when he commented on the November jobs report, which was less robust than expected.
The first question Biden got from reporters was about his raspy speech.
Biden said it was “just a cold” and is being tested for Covid-19 every day.
“What I have is a one-and-a-half-year-old grandson who loves to kiss his father,” Biden said.
The president appeared to be referring to his son Hunter’s youngest child, Beau Jr.
Weeks ago, the 79-year-old president had a benign polyp removed during his colonoscopy.
The doctor also ran a battery of tests and found that the president’s frequent “throat clearing” could also be due to gastroesophageal reflux and found that there were “zero tumors or polyps and that the appearance and function of his vocal cords was normal.” goods’.
U.S. employers added just 210,000 jobs in November, well below the estimated half million economists had forecast.
It’s a sign that companies are still cautious as the coronavirus pandemic continues.
Biden, however, praised the new report. “We’re looking at the sharpest year-long drop in unemployment on record,” he said.
The first question Biden got from reporters was about his raspy speech
Biden said it was ‘just a cold’ and is being tested every day for Covid-19
He boasted of the “incredible news” that the unemployment rate has fallen to 4.2%. “Put simply, America is back at work.”
Viewers of the speech immediately noticed his strange sound.
‘Is hell going on with Biden’s voice? He sounds like Barry White,” one Twitter user wrote.
“Judging by the sound of Biden’s voice, he’s either getting sick or just hit puberty,” wrote another.
The data was collected before Wednesday’s announcement that the Omicron variant of COVID-19 has been found in the US
White House Press Secretary Jen Psaki was on live television and holding a roundtable for MSNBC’s Morning Joe as the numbers dropped.
“That’s a song that feels a bit, what? A little off?’ co-host Mika Brzezinski asked, as economists had predicted 550,000 jobs would be created.
Psaki said she was not yet able to publicly comment on the Labor Ministry report.
“Well, I know this sounds a bit archaic, but I can’t respond to it until 9:30 am, according to the rules because I work in the White House,” Psaki said. “I’ll say what people can expect the president to continue to say today, month by month, is that what we’re seeing are good trends.”
President Biden welcomed the news and said America was back at work.
“Today we have incredible news that our unemployment rate has fallen to 4.2% – a level experts didn’t expect to reach until 2024,” he tweeted.
“We’ve created an average of 588,000 jobs per month this year, a record.”
The US economy added just 210,000 jobs in November, which is 340,000 fewer than the projected 550,000 jobs, a sign that companies are still wary of the coronavirus pandemic. The data was collected before Wednesday’s announcement that Omicron was in the US
White House press secretary Jen Psaki was briefed on live television about the modest number. She said on MSNBC’s Morning Joe that she couldn’t comment on the report until 9:30 a.m., but said there were “good trends” in general in the economy.
President Biden hailed the numbers as ‘incredible news’, despite being below forecasts
Unemployment fell to 4.2 percent, the lowest since the start of the corona crisis. In October it was 4.6 percent.
The US has regained 83 percent of the jobs lost as a result of the pandemic.
In addition, wages rose.
White House Chief of Staff Ron Klain tweeted that the labor participation rate also increased.
It is at the fastest pace since March 2020, when the pandemic led to widespread closures and lockdowns.
President Joe Biden will speak from the White House on Friday morning at 10:15 a.m. on the jobs reports.
The numbers come after a better October, when employers added 531,000 employees to their payroll.
October saw the best numbers since July, before the Delta variant of COVID-19 slammed recruiting.
Treasury Secretary Janet Yellen warned Thursday that Omicron could pose a “significant” risk to the global economy.
“Hopefully it’s not something that will slow economic growth significantly,” Yellen said in an interview with Reuters. ‘There is’ a lot of uncertainty, but it can cause big problems. We are still evaluating that.’
Yellen said a new form of the coronavirus could exacerbate supply chain problems and soaring inflation.
Modest employment gains in November may dampen expectations that the economy will grow stronger this quarter after a speed bump in the third quarter due to the Delta variant.
Consumer spending and manufacturing activity were strong.
But the Omicron variant of COVID-19 poses a risk to the illuminating picture.
While little is known about Omicron, some slowdown in hiring and service demand is likely, based on the experience with Delta, which was responsible for the slowest rate of economic growth in more than a year in the past quarter.
At the end of September, there were 10.4 million vacancies. Millions of Americans who lost their jobs during the pandemic recession are left out of the workforce.
Economists say the strong stock market and house prices have increased the wealth of many Americans, encouraging early retirement.
Households have also built up huge savings and the number of self-employed has soared.
Biden has been plagued by sluggish polls, compounded by the government’s chaotic withdrawal from Afghanistan.
His victories on the congressional front have done nothing to raise the needle, according to a Morning Consult poll found this week.
He ranks 45 percent approval and 52 percent disapproval in a survey conducted between Nov. 28 and 30.