The US Economy Added 850,000 Jobs in June

America's labor market is still far from being back to normal - down 6.8 million jobs compared with February 2020. CNN's Christine Romans reports.

Posted: Jul 2, 2021 11:00 AM
Updated: Jul 2, 2021 11:01 AM

President Joe Biden on Friday touted America's economic recovery from the coronavirus pandemic after the US added 850,000 jobs in June.

"This is historic progress. Pulling our economy out of the worst crisis in 100 years. Driven in part by our dramatic progress in vaccinating our nation and beating back the pandemic," Biden said at the White House.

The US economy added far more jobs in June than economists had expected. The strong jobs numbers are a signal American job growth is accelerating as the country recovers from the coronavirus pandemic.

The unemployment rate, however, stood at 5.9%, up from 5.8% in May, the Bureau of Labor Statistics reported Friday.

The hospitality and leisure sector had the strongest growth and added 343,000 jobs in June. More than half of those jobs were at restaurants and bars.

The President argued for the passage of the roughly $1 trillion infrastructure proposal that he and a bipartisan group of senators agreed on last week and a more sweeping, multi-trillion dollar social safety net expansion.

"We have a chance to seize this economic momentum of the first months of my administration -- not just to build back, but as I've been saying, build back better. ... This much is already clear: We're on track, and we're on the right track. Our plan is working. And we're not going to let up now," Biden said.

The President said the progress in the US's economic recovery was a direct result of the American Rescue Plan, the President's massive $1.9 trillion Covid-19 emergency relief package that passed through Congress without any Republican support.

"And at the time, people questioned whether or not we should do that, even though we don't have bipartisan support. Well, it worked," Biden said.

The comments come as Democrats are looking to pass legislation expanding the social safety net using the same budget reconciliation procedure that would allow them to pass it with only votes from Democratic lawmakers.

Biden said the US still had more work to do to get the rest of the US population vaccinated against Covid-19 and get more Americans back to work.

"But this is testament to our commitment to grow the economy from the bottom up and the middle out," Biden said.

The President said: "More jobs, better wages. That's a good combination. Put simply: Our economy is on the move, and we have Covid-19 on the run."

Biden traveled to Wisconsin earlier this week to tout the bipartisan infrastructure deal, which would total $1.2 trillion over eight years, and argued the investments would benefit working and middle-class families around the country.

It was the President's first time pitching the bipartisan infrastructure proposal to the American people since nearly derailing the deal in off-the-cuff remarks last week. While speaking to reporters at the White House, Biden said he wouldn't sign the bill he had just negotiated unless another sweeping proposal of Democratic priorities landed on his desk as well.

The White House spent days working behind the scenes to assure Republicans that Biden would support the deal, and the President then issued a lengthy statement over the weekend clarifying his remarks and said he would not veto the bill.

This story has been updated with additional information.

™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

60° wxIcon
Hi: 61° Lo: 59°
Feels Like: 60°
60° wxIcon
Hi: 61° Lo: 60°
Feels Like: 60°
60° wxIcon
Hi: 61° Lo: 59°
Feels Like: 60°
61° wxIcon
Hi: 63° Lo: 60°
Feels Like: 61°
59° wxIcon
Hi: 60° Lo: 59°
Feels Like: 59°
Scattered rainfall continues to affect portions of the Tri-State and it seems as though it will continue to do so through the remainder of the evening and overnight. After reaching an afternoon high near 80° earlier on, expect temperatures to gradually fall toward 70° by dinnertime before dwindling into the mid 60s by 10 o'clock. Overnight lows will dive all the way back down into the upper 50s by the predawn hours Wednesday; we'll fall to 58° in Evansville. The cold front and associated low responsible for all of our rain chances both today and tonight is expected to stall stall Wednesday, prolonging our isolated rain chances tomorrow, especcially for those of us north and east of Evasnville.
WEVV 4K Doppler Radar
WEVV 7-Day Forecast
WEVV Watches & Warnings

Community Events