US jobs grow slower than expected AGAIN: 559,000 added in May, compared to projected 670,000

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US jobs grow slower than expected AGAIN: 559,000 added in May, compared to projected 670,000 amid criticism of Biden’s $300-a-week unemployment benefit

The US economy added fewer jobs than expected in May, amid criticism that President Biden’s $300-a-week unemployment benefits are discouraging people from returning to work.

The US economy added 559,000 jobs in May, less than the expected 675,000. Unemployment fell to 5.8 percent.

The April jobs report also showed that growth had slowed unexpectedly, with employers adding just 266,000 workers.

At the time, Biden said the US was “still in the midst of an economic collapse.”

He used the numbers to argue that more spending was needed.

“We knew this wasn’t going to be a sprint, but a marathon,” the president said.

He also maintained that it was wrong to think that Americans were not looking for work.

“Second, today’s report is a rebuttal to loose talk that Americans just don’t want to work,” he said. ‘I know that some employers have trouble filling vacancies. But this report shows that there is a much bigger problem.’

The US economy added fewer jobs than expected in May, amid criticism that President Biden's $300-a-week unemployment benefits are discouraging people from returning to work.

The US economy added fewer jobs than expected in May, amid criticism that President Biden’s $300-a-week unemployment benefits are discouraging people from returning to work.

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