Biden Laments ‘Grim’ November Jobs Data in Push for New Stimulus
- President-elect expresses hope for deal despite slow progress
- Payments to taxpayers of $1,200 would be best, Biden says
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President-elect Joe Biden called the November jobs report “grim” and said it shows “there’s no time to lose” for Congress to pass a new Covid relief bill.
Friday’s jobs report raised the odds that Biden would inherit an even weaker labor market next year as the number of daily Covid-19 cases and deaths also reach new highs. Nonfarm payrolls increased by 245,000 in November, a decline from October’s number of 610,000 and well below economists’ estimates.