Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Biden Says the December Jobs Report Is a ‘Pandemic Report’
Posted
January 8, 2021
Views
4,868
Likes
18
Comments
10
Engagement
0.58%
January 8, 2021
4,868
18
10
0.58%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:33Now 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.
Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
