Biden hails January jobs report, waves off inflation question

February 03, 2023 07:47 AM PST | By Reuters
Follow us on Google News:
Image source: Reuters


WASHINGTON (Reuters) - President Joe Biden on Friday hailed a jobs report for January that showed 517,000 jobs were created, saying it was a sign that the U.S. economy is strong.

In remarks at the White House, Biden said inflation continues to come down and real wages are going up. He dismissed a question as to whether he was responsible for the high rate of inflation, saying it was high when he took office two years ago.

(Reporting by Andrea Shalal and Steve Holland)


Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.