Jobs report poised to boost or hinder Biden’s agenda
President Biden is looking for fireworks in the June jobs report due out Friday as the White House makes a renewed push for its economic agenda heading into the long Fourth of July weekend.
A strong employment report could bolster the White House’s efforts to prove Biden’s economic agenda is working as the administration faces pressure over months of lackluster job gains and rising prices. Even so, economists say the U.S. has not yet been able to declare its independence from COVID-19’s weight on the labor market. |