applauding this operation. but you we need to jump over to the white house. i m so sorry, mr. chairman. president biden speaking on the economy now. i want to speak to you this morning about an extraordinary resilience for the american people and american capitalism. our country is taking everything that covid has to throw at us and we ve come back stronger. i m pleased to report this morning, and many of you already know, that america s job machine is going stronger than ever. building a strong recovery and opportunity for hard-working women and men all across this great country. america is back to work. today we learned that in january our economy created 467,000 jobs. that s not all. we learned the job growth in november and december over last year was revised up by more than 700,000 jobs. on top of that, 400,000 jobs
actually, it can be, carl. look forward to planning with schwab. schwab! america is back to work. i want to speak to you this morning about an extraordinary resilience and grit of the american people, and american capitalism. our country is taking everything that covid has to throw at us and we ve come back stronger. i m pleased to report this morning what many of you already know, that america s job machine is going stronger than ever. president biden on friday addressing the much better than expected jobs report revealing the u.s. economy added 467,000 new jobs in january despite the
morning, many of you know that america s job machine is going stronger than ever. touted effectiveness of vaccinations, booster shots, and the availability of at-home covid tests, went out the end of last month. leisure and hospitality drove the numbers. 151,000 hires there, more than 100,000 at bars and restaurants, signalling that despite omicron people are vacationing, they are going out to eat and going out to drink, the businesses need workers, and people are getting back to work. administration has consistently pointed to covid as an explainer for issues that they are facing when it comes to the economy, like on monday when the white house is bracing for a terrible jobs report. during that same period of time the week the survey was taken, the week of january 12th, at the height of the omicron spike so wanted to kind of prepare people to understand how the data is taken, when they are looking at, and what it is an assessment of and as a result,
morning, and many of you already know, that america s job machine is going stronger than ever. that was president biden on friday, delivering remarks following a significantly better than expected jobs report, revealing the u.s. economy added 467,000 new jobs in january despite the omicron surge and revisions up from the previous month. let s get more on that with cnbc rosanna lockwood joining us live from london. great to see you this morning after that stronger than expected jobs report on friday, investors are turning their focus on fresh consumer inflation data and earnings. give us a sense of how the market might play out this week. that s exactly right. i think it s fair to say it was a mammoth jobs report, quite big numbers and that will get the market somewhat excited, you think it would actually change the appetite of potentially the further central bank rate hikes from the fed. but as you mentioned, it is the
actually won on the republican national committee twitter page right now. phil, we should know something that is very important to the american people. a great day on the economic news front. i m sure they re breathing a sigh of relief at the white house. a sigh of relief. maybe some high fives as well. everything we re talking about underscores the stakes of this administration. it is administration that over the course of the last two weeks, whether it is through blowout growth numbers on the economic front, the elimination of the leader of isis, the opportunity for the president to leave his mark on the supreme court, and now a jobs market surpassed every expectation for the moment. president biden having a very good couple of weeks. america s job machine is better than ever. our country is taking everything that cove has thrown at us and come back stronger. a clear message coming from a