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Biden says the economic climb is steep | Hellenic Shipping News Worldwide

Biden says the economic ‘climb is steep’ “Today there is more evidence our economy is moving in the right direction. But it’s clear we have a long way to go.” U.S. President Joe Biden on Friday addressed a disappointing jobs report, coming at the end of a pandemic-spurred slump in the economy. American employers – likely restrained by shortages of workers and raw materials – added just 266,000 new jobs in April, according to the report which surprised economists who expected nearly a million new jobs. But Biden on Friday pointed to the dismal numbers as proof that his pandemic relief measures are needed to bring the economy back from the abyss.

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