of course. we know this has been a challenging year. less people are in education, therefore, the seasonal effects you would normally see in this month not feeding through. that means an unemployment rate of 5.4%, significantly lower than the 5.9% we saw that s a huge drop. what we didn t see is the kicker here during the pandemic economy, we didn t see more people participating, we re at a 45-year low for participation in the jobs market in the united states. so we didn t see people coming off the sidelines. remember we still have 8.7 million people unemployed. that doesn t include the people that aren t looking for jobs at this stage. we re still down just shy of 6 million people since the pandemic began. so it is a recovering economy, it is a pandemic economy. there is still a pandemic puzzle here we have to wait till september to see. will we get all our kids back into schools? that could bring another 2 million people back into the work force. what about the covid variants? delt
statewide average. june 12 governor tim reynolds june 12 governor kim reynolds cut off washington s pandemic relief for the state s jobless. the message to nearly 25,000 iowans: go find a job. and the money went away quick and we started to get the taste of losing everything then. reporter: the repo man came for their van. they re three months behind on the rent. we re losing everything. we re failing. i want to help my family. there s a lot of us and it takes a lot of money. you know, and i want to be able to help them and i feel like i can t. i don t have that control. reporter: across the mississippi, the whites can see illinois. their governor still allows them to have the pandemic benefits. reporter: lost in our recovering economy, millions of americans still need help. mark strassmann, cbs news. whitaker: 26 states have ended most of that extra federal
behalf of workers saying, we want wages to be bid up. this is a president who inherited a recovering economy, which every president would love to inherit. he s taken actions through the coronavirus and the american rescue plan through the vaccination efforts in the rescue plan to try to accelerate that recovery. but it s not a straight line. it s a bumpy thing to try to jump start an economy that was basically put into a coma for months last year. and so you ve got the supply/demand mismatches. you have workers recalibrating what their goals are going to be, whether they re going to jump back into the work force. the president was trying to make the case last night that the things he wants to do in the infrastructure plan are going to tame inflation rather than exacerbate it. take a listen. look, here s the deal. moody s today went out, wall street firm, not some liberal think tank. said if we pass the other two things i m trying to get done, we will, in fact, reduce
a new drudge report came out last week on where we stand. the latest unemployment rate taking up to 5.9% but employers adding more jobs than were inspected. republicans argue that it s not president biden who should be getting credit for this for any economic rebound. the recovering economy that we see right now is because of the states with republican leadership such as florida and ron desantis. the pro-economic growth policies which they have implemented which has resulted in the states leading the way for economic recovery. things would be back and forth on who gets credit. everyone is going to agree that there still economic problems facing the country including a shortage of workers and inflation that everyone was talking about over the weekend. alicia: thank you. benjamin: questions how
that s not quite as far as chicago to washington, d.c. she went to the wrong place. i don t even think she made it to the border. but she didn t see the border at all. she has no clue whatsoever what s going on. either they are incompetent or they are dumb. i don t know which one it is or a combination of both. i want to ask you on independence day, many americans are celebrating not only our independence, we told the tyrant king george iii to stick it. and we are emerging from a pandemic. how do you see the country doing? are we doing well? president trump left the biden administration with a recovering economy and they squandered it at every turn. the recovery we are seeing is despite the biden policies.