- February 5, 2022
- Posted by: Stratford Team
- Category: Economy
WASHINGTON (AP) — That bleak jobs report the White House had been bracing for never arrived Friday. Instead, President Joe…
WASHINGTON (AP) — That bleak jobs report the White House had been bracing for never arrived Friday.
Instead, President Joe Biden got the pleasant surprise that the U.S. economy had powered through the omicron wave of the coronavirus and posted 467,000 new jobs in January — along with strong revisions to job gains in the two prior months. It showed just how much the pandemic’s grip on the economy has faded, though the nation is still grappling with high inflation.
“Our country is taking everything that COVID has to throw at us, and we’ve come back stronger,” Biden declared at the White House.
The jobs report suggested the United States has entered a new phase in its recovery from the pandemic. And it capped something of a comeback week for…