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Politics
Economics

Biden Urges Economic Confidence Despite Inflation Challenge

  • President hails better-than-expected May jobs report
  • Nonfarm payrolls increased 390,000, unemployment held at 3.6%
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Biden Says Americans Can Meet Challenges of Inflation
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President Joe Biden touted the state of the US economy following a better-than-expected May jobs report, even as he acknowledged its likely to be overshadowed by record-high inflation that’s causing pain for Americans.

“I know that even with today’s good news, a lot of Americans remain anxious, and I understand the feeling,” Biden said Friday from Rehoboth Beach, Delaware.