Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 24/01/2022 10:18 
03.12.2021 19:57 News >> Biden Says Unemployment Down 2%, Economy Adds 6M Jobs Since Taking Office

Biden Says Unemployment Down 2%, Economy Adds 6M Jobs Since Taking Office

'We are looking at sharpest one year decline in unemployment ever,' US president says.

US President Joe Biden said Friday the unemployment rate has fallen more than 2%, while American economy added around 6 million jobs since he took office 10 months ago.
"At this point, we are looking at the sharpest one-year decline in unemployment ever," Biden told in a news conference held at the White House.
"The number of people claiming unemployment has fallen from 18 million when I took office to 2 million this week, another record drop," he said.
Stressing that US job recovery is going very strong, Biden noted American economy averaged nearly 400,000 new jobs a month over the last three months.
The president stressed that the historic drop in unemployment rate also includes improvements in workers who receive higher wages.
Workers in transportation and warehouses have seen their wages going up 10% this year, while workers in hotels and restaurants have seen their wages increase 13%, he said.
Applications for new small businesses are up 30% compared to pre-pandemic level, he added.
The US economy added 210,000 jobs in November, coming much lower than market estimates, but the unemployment rate fell to 4.2%, according to the Department of Labor data earlier.
The number of unemployed individuals in the US has also continued to decline, down 542,000 to 6.9 million last month, the data showed.
Due to COVID-19, more than 22 million people in the world's largest economy lost their jobs in March and April 2020. -



        Latest News
Draghi's Fate Hangs In Balance As Italy Begins Presidential Vote -36 minutes ago...
Sizable number of lawmakers are reluctant to back Draghi, as his promotion could lead to much weaker government or snap elections.
Turkish State Aid Agency Hailed For Humanitarian Work In Bangladesh -21 minutes ago...
Officials say TIKA’s work has provided hope for Rohingya refugees and marginalized host communities.
Pollution Killing Africa's Largest Freshwater Lake -21 minutes ago...
Human activity including shoreline encroachment, degradation depleting vital flora, fauna on Lake Victoria.
Diary 9 minutes ago...
Here are the main topics Anadolu Agency's English Desk plans to cover on Monday, Jan. 24, 2022.
Anadolu Agency's Morning Briefing - Jan. 24, 2022 -21 minutes ago...
Daily briefing on novel coronavirus pandemic worldwide, Turkiye, other developments.

 
      Top News
Great Ethiopian Run Hits The Streets Again After 2-Year Hiatus Great Ethiopian Run Hits The Streets Again After 2-Year Hiatus
Spanish Warship Sets Sail For Black Sea Amid Tensions Around Ukraine Spanish Warship Sets Sail For Black Sea Amid Tensions Around Ukraine
Pakistan's Rizwan Named T20 Cricketer Of Year Pakistan's Rizwan Named T20 Cricketer Of Year
Anadolu Agency's Morning Briefing - Jan. 23, 2021 Anadolu Agency's Morning Briefing - Jan. 23, 2021
UK Accuses Kremlin Of Planning To Install Pro-Russian Leadership In Ukraine UK Accuses Kremlin Of Planning To Install Pro-Russian Leadership In Ukraine
Rashford Scores Late Winner, Manchester United Topple West Ham At Home Rashford Scores Late Winner, Manchester United Topple West Ham At Home
Liverpool Stars Salah, Mane To Face As Egypt To Take On Senegal In World Cup Playoffs Liverpool Stars Salah, Mane To Face As Egypt To Take On Senegal In World Cup Playoffs
Berlusconi Gives Up Bid For Italian Presidency Berlusconi Gives Up Bid For Italian Presidency
US Orders Evacuation Of Embassy Staff Families In Ukraine: Report US Orders Evacuation Of Embassy Staff Families In Ukraine: Report
Fighting Drought, Tanzania Faces Loss Of 62,000 Livestock Fighting Drought, Tanzania Faces Loss Of 62,000 Livestock