Election 2020 USA

Election Biden says jobs report ‘grim,’ relief package needed now and in January

Election


Election Investing.com - Financial Markets Worldwide

No results matched your search

Economy2 hours ago (Dec 04, 2020 10:31PM ET)

Election © Reuters. Democratic U.S. presidential nominee Joe Biden campaigns in Grand Rapids, Michigan
© Reuters. Democratic U.S. presidential nominee Joe Biden campaigns in Grand Rapids, Michigan

WASHINGTON (Reuters) – U.S. President-elect Joe Biden said in a statement on Friday the November U.S. jobs report underlined the need for urgent action on coronavirus relief but that any package passed by Congress now would not suffice and that more would be needed in January.

“This is a grim jobs report. It shows an economy that is stalling,” he said, adding he was “encouraged” by bipartisan Senate efforts on a $900 billion relief package. “Congress and President Trump must get a deal done for the American people. But any package passed in the lame duck session is not enough. … Congress will need to act again in January.”

Election Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Lohit Soundarajan

Founder , Editor Tech Guy #Voxguy

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button