Joe Biden Hails "Historic" Rebound As US Adds 850,000 Jobs In June

Saturday, 3 July 2021Newsdesk
Joe Biden Hails "Historic" Rebound As US Adds 850,000 Jobs In June
President Joe Biden on Friday cheered the "historic" US rebound from the Covid-19 crisis as the economy gained 850,000 new jobs in June, cementing the evidence of a broad recovery.

New Delhi, 03 July 2021

As per news report of NDTV, The uptick was better than expected and came after two months of disappointing results, buoyed by big increases in the hard-hit leisure and hospitality sector, the Labor Department said in its closely watched monthly report. With the latest gains, the world's largest economy has added 3.3 million jobs in the first six months of the year. "This is historic progress, pulling our economy out of the worst crisis in 100 years," Biden said at the White House. The Democratic president credited the massive American Rescue Plan approved in March and the rapid acceleration of vaccinations as factors fueling the economic revival.

Source - NDTV
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