President Joe Biden says the latest jobs report is a sign that the economic recovery is going well.

His comments came Friday after the latest report showed U.S. employers added 559,000 jobs in May, according to the Labor Department.

It’s an improvement from April’s sluggish gain, but it fell short of economists’ forecasts.

The report also showed that companies are still struggling to find enough workers as the economy rapidly recovers from the pandemic recession.

Biden is also holding another round of infrastructure talks Friday with the lead Senate Republican negotiator, Sen. Shelley Moore Capito of West Virginia. In his meeting earlier this week with Capito,

Biden offered tax concessions aimed at reaching a bipartisan compromise on his overall infrastructure proposal.

The two sides are at odds over how to pay for infrastructure projects, with Republicans ruling out higher corporate taxes and the White House rejecting a GOP proposal to use unspent COVID-19 relief funds.

Subscribe to our YouTube channel: [ Ссылка ]

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

To watch complete coverage on Bloomberg Quicktake 24/7, visit [ Ссылка ], or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: [ Ссылка ]

Connect with us on…
YouTube: [ Ссылка ]
Breaking News on YouTube: [ Ссылка ]
Twitter: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]

свернуть