For Friday, May 7th, 2021, President Biden will have received his daily brief. At 11:30 a.m. D.C., time President Biden is expected to deliver remarks on April’s Jobs Report. In the afternoon he will lunch with Vice President Kamala Harris, afterward the pair will receive an economic briefing. At 3:15 p.m. D.C., time he will meet with his jobs cabinet before he departs D.C., for Camp David.
I was unaware that economic forecasters had forecasted their thoughts that April would add 1 million jobs. CNN Business, the Washington Post, and the New York Times all reported that news to me news.
As you might have guessed the April Jobs Report fell way short of that forcasted forecast adding only 266,000 jobs in April.
Also noteworthy is the revisions made to previous months…
The huge swing and a miss by “economic experts,” is being noted everywhere this morning. IMO this weaker than they expected report just shows that new jobs creation is slow or stopped altogether in places and the better numbers reflected folks returning to their jobs versus new ones being created.
For editorial thoughts on April’s Jobs Report, @ the News Blender.
For Thursday President Biden had tweeted 1 time by the time Thursday’s Open Thread was published. He added 6 tweets giving him a Thursday Twitter total of 7 tweets and 0 retweets.
All but one of his tweets focuses once again on the American Jobs Plan. Because he was in Lake Charles, Louisiana, the times the tweets are sent will reflect that.
11:51 a.m. Louisiana time he says we “got pass the American Jobs Plan.”
The fact-sheet for the American Jobs Plan was released on March 31st, 2021. The fact-sheet mentions the “ranks 13th,” in the world:
The United States of America is the wealthiest country in the world, yet we rank 13th when it comes to the overall quality of our infrastructure. After decades of disinvestment, our roads, bridges, and water systems are crumbling. Our electric grid is vulnerable to catastrophic outages. Too many lack access to affordable, high-speed Internet and to quality housing. The past year has led to job losses and threatened economic security, eroding more than 30 years of progress in women’s labor force participation. It has unmasked the fragility of our caregiving infrastructure. And, our nation is falling behind its biggest competitors on research and development (R&D), manufacturing, and training. It has never been more important for us to invest in strengthening our infrastructure and competitiveness, and in creating the good-paying, union jobs of the future.White House.gov. 03/31/2021.
On April 1st, in Thursday’s Open Thread, I shared this; According to Statista.com based on 2018 figures the U.S., ranked 13th overall with Singapore ranked 1st, with a score of 95.4 on a scale of 0 to 100.
The shared link now shows a publication date of April 20th, 2021…I didn’t travel in time, but my best guess is they’ve updated their graph to show 2019’s global survey, which according to them shows the U.S., is still ranked 13th.
12:56 p.m. Louisiana time he shares a live feed to his remarks from Lake Charles, Louisiana regarding the American Jobs Plan.
The video is 45 minutes and 49 seconds long. President Biden starts speaking at the 14 minute and 03 second mark. There are two speakers before President Biden’s remarks. His full remarks can be found here. The timestamp says he spoke from 1:07 p.m., to 1:37 p.m. Louisiana time.
1:12 p.m. Louisiana time he says there are no “Republican or Democratic bridges.”
President Biden (17:14): And, folks, there’s a — when it comes to bridges and roads and the like, I’ve never seen a Republican or a Democrat road. I just see roads. And, Mayor — I mean, you’re a Republican. You wrote a newspaper article suggesting that we — along with the governor — the Democratic mayor of Shreveport, Mayor Perkins — as to why we need the American Jobs Plan and — which is what I’m here to talk about today: a once-in-a-generation investment in American — America itself — to create jobs, to modernize our bridges, our roads, our highways, our ports, our airports, our water pipes, our water projects, high-speed Internet, transmission lines, and sustainable housing — sustainable housing — jobs rebuilding the foundations of a strong, fair, and resilient — resilient, competitive economy.
2:22 p.m. Louisiana time he says his American Jobs Plan is a “blue-collar blueprint to build America.”
President Biden (27:11): The American Jobs Plan is a blue-collar blueprint to rebuild America. A blue-collar blueprint to rebuild America, to supercharge our economy so we can move goods, get to work, become more competitive around the world. You know, it will shorten our commutes to give us back the lost time with our families, to make our commutes safer, save lives. All told, the American Jobs Plan is going to modernize 20,000 miles of highways and roads. It will fix the nation’s 10 most economically significant bridges that require replacement — they’re just not safe anymore, which this bridge could be one of them — and repairs 10,000 bridges that desperately need to be upgraded. Bridges that get kids to school, people to market.
*6:11 p.m. Louisiana time he shares a 39 second video snip from his remarks.
President Biden (24:36): You know, my mother used to have an expression, Gov, she’d say, “Out of everything bad, Joey, something good will come if you look hard enough for it.” Well, one of the things that this — this crisis, in terms of the health crisis of COVID, has shown us is that — that we have to — we have to build back better in a whole series of ways. It’s about building a strong foundation for the American people. So, when I think about the threats of hurricanes and global warming and — and the — and then the poor condition of our economy as it relates particularly to infrastructure, I think of one thing: I think of jobs.
*I’m going with the Louisiana time, since the schedule from yesterday has his return to D.C., time as 9:05 p.m. D.C., time*
His non-related American Jobs Plan tweet was sent at 4:01 p.m. Louisiana time in where he thanked nurses on the first day of National Nurses Week.
President Biden has not tweeted yet this Friday morning, he has retweeted 1 time so far.
President Biden’s remarks are scheduled for 11:30 a.m. D.C., time.
The daily press briefing is scheduled for 12:30 p.m. D.C., time with special guest Treasury Secretary Janet Yellen.
This is an Open Thread.
Happy Friday!!!!! I’ll catch you on the flip side.