Frost lauds White House for positive jobs report: ‘The president is really landing this’
==========
Rep. Maxwell Frost (D-Fla.) praised the White House for a positive jobs report, saying, 'The president is really landing this.' The U.S. added more than 270,000 jobs in May, surpassing expectations. However, the unemployment rate ticked up slightly to 4 percent. Frost acknowledged that some people are not feeling the positive impact due to high prices. Despite the economic wins, a majority of Americans still believe the U.S. is in a recession. Experts attribute this divide to factors such as inflation and a shifting media landscape. Frost and MSNBC host Chris Hayes agreed that housing costs are a major issue, but they attribute it to local policy and the Federal Reserve, not President Biden. The May jobs report comes ahead of the Federal Reserve's meeting to vote on interest rates, which have remained steady this year.
#MaxwellFrost #JoeBiden #WhiteHouse #MayJobsReport #Economy #Inflation #InterestRates #LaborDepartment #Msnbc
https://thehill.com/business/4711640-maxwell-frost-joe-biden-white-house-may-jobs-report/
The Hill /
npub1uf9…wj43
2024-06-08 17:29:36
Author Public Key
npub1uf9ht809jfjawes35uqsxnj7hyjqsdyxypewh4d869swy74vldeq0vwj43Published at
2024-06-08 17:29:36Event JSON
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"content": "Frost lauds White House for positive jobs report: ‘The president is really landing this’\n==========\n\nRep. Maxwell Frost (D-Fla.) praised the White House for a positive jobs report, saying, 'The president is really landing this.' The U.S. added more than 270,000 jobs in May, surpassing expectations. However, the unemployment rate ticked up slightly to 4 percent. Frost acknowledged that some people are not feeling the positive impact due to high prices. Despite the economic wins, a majority of Americans still believe the U.S. is in a recession. Experts attribute this divide to factors such as inflation and a shifting media landscape. Frost and MSNBC host Chris Hayes agreed that housing costs are a major issue, but they attribute it to local policy and the Federal Reserve, not President Biden. The May jobs report comes ahead of the Federal Reserve's meeting to vote on interest rates, which have remained steady this year.\n\n#MaxwellFrost #JoeBiden #WhiteHouse #MayJobsReport #Economy #Inflation #InterestRates #LaborDepartment #Msnbc\n\nhttps://thehill.com/business/4711640-maxwell-frost-joe-biden-white-house-may-jobs-report/",
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