Home » World News » Biden touts jobs report during bipartisan bills signing cracking down on perpetrators of COVID relief fraud
Biden touts jobs report during bipartisan bills signing cracking down on perpetrators of COVID relief fraud
Biden signs bipartisan bills aimed at stopping COVID-19 loan program fraud
President Biden spoke about the latest U.S. jobs report while signing bipartisan bills targeting COVID-19 loan program fraud.
President Biden touted Friday's job report, saying there are "more people working in America today than any time in American history." The president spoke before signing bipartisan legislation into law to hold accountable those who defrauded the COVID-19 small business relief programs.
The president delivered remarks from the Blue Room balcony at the White House. He also tested positive again Friday morning for COVID-19.
Employers added 528,000 jobs in July, the Labor Department said in its monthly payroll report released Friday, blowing past the 250,000 jobs forecast by Refinitiv economists. The unemployment rate, meanwhile, edged down to 3.5%, the lowest level since the COVID-19 pandemic began more than two years ago.
"Today there are more people working in America than before the pandemic began," Biden said Friday. "In fact, there are more people working in America than any time in American history."
US ECONOMY ADDS 528,000 JOBS IN JULY, BLOWING PAST EXPECTATIONS