WILMINGTON, DE - NOVEMBER 25: President-elect Joe Biden delivers a Thanksgiving address at the Queen Theatre on November 25, 2020 in Wilmington, Delaware. As Biden waits to be approved for official national security briefings, the names of top members of his national security team were announced yesterday to the public. Calls continue for President Trump to concede the election and let the transition proceed without further delay. (Photo by Mark Makela/Getty Images)
The United States added 850,000 new jobs in June, according to new data the Labor Department released Friday. The number is even bigger than Wall Street’s expectations of 700,000 jobs.
Two frustrating months in April and May of low employment growth led the Biden administration to be hammered by Republicans over its policies and the stimulus law enacted in March, the American Rescue Plan.
“Things are picking up. All that employer demand is turning into jobs and higher wages for many workers,” said Nick Bunker, economic research director from Indeed. “This pace of progress is solid, and it looks like things can get even better.”
The report will likely alleviate some pressure on the Biden administration over the slow labor market recovery seen in the previous two months.
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Many Republicans blamed Biden’s generous federal unemployment benefits, which have provided a $300 per week top-up of state insurance benefits. Some governors and lawmakers have claimed that over-generously benefits have disincentivized workers from reentering the job market.
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