Politics. On Point.

Maintaining that the American Rescue Plan is working, the White House issued a statement on the March jobs report. Over 430,000 new jobs were recreated, according to the report. "Nice sound to it", the president said. The president stated that the months of January and February of this year created more jobs than originally thought. "That means that over the last three months the economy has created more than 500,000 jobs a month", he said. It is also worth noting that more people are heading back to work as a result of COVID-19 vaccinations. Many Americans lost their jobs because of the worldwide COVID-19 pandemic. In March, unemployment fell to 3.6 percent, down from 6.4 percent.

White House Chairman of the Council of Economic Advisers  Jason Furman announced today that 280,000  jobs were added for the month of May in what he refers to as "the strongest month of the year so far." The May employment situation saw 12.6 million jobs being added over a 63 month period in what the White House is calling the "longest streak" of job growth on record. The White has also announced five key points on the labor market for the month of May. 1. The private sector has added 12.6 million jobs over 63 straight months of job growth, extending the longest streak on record.  Today we learned that private-sector employment rose by 262,000 in May. Our businesses created more than 200,000 jobs in fourteen of the past fifteen months—the first time that has happened since 1995. On the whole, our economy has added 3.1 million new jobs over the past twelve months, just off the fifteen-year high achieved in February. 2. Manufacturing employment is up strong...