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Biden Says $600 Covid Relief Payments Are ‘Simply Not Enough’
Posted
January 8, 2021
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1:43Now PlayingPresident-elect Joe Biden says a much weaker-than-expected report on the jobs market underscored the stakes for the economy.
Employers cut 140,000 more jobs last month than they added as the worsening pandemic led more businesses to shut down, the Labor Department said.
"The anxiety and fear of the women and men out there," Biden said reminded him of being sworn in with Barack Obama during the Great Recession of 2009.
Economic analysts say the poor report adds more pressure on Congress to act.
Biden said Friday from Wilmington, Delaware, that we have no time to lose as the coronavirus pandemic continues to inflict pain on the nation’s health and economy.
"With the pandemic raging, people are losing work and losing hope," he said.
Biden rounded out his economic team by announcing the nominations of Boston Mayor Marty Walsh as labor secretary, Rhode Island Gov. Gina Raimondo as commerce secretary and Isabel Guzman as administrator of the Small Business Administration.
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