US Pres. Biden: Economy will create 19 million jobs is we pass infrastructure plan
"In the first two months of our administration, we have seen more jobs created than any in history," US President Joe Biden said on Friday, as reported by Reuters.
Additional takeaways
"There is still a long way to go."
"New economic strategy deserves the credit for growth."
"By April 7, more than 130 million households will have gotten stimulus checks."
"Jobs report reflect progress in getting people vaccinated."
"Economy can be reversed; infrastructure plan needed to build back better for good."
"If we pass this plan the economy will create 19 million jobs."
"Will start meeting with members of Congress after Easter break."
"Congress should act on the infrastructure plan."
"Cases are going up again, the virus is spreading more rapidly in many places."
"American rescue plan is starting to make a real difference in the economy."
Author
Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.
