President Biden’s public schedule for 01/05/2024:
| 9:00 AM Presidential Daily Brief | The President receives the Presidential Daily Briefing Closed Press |
| 10:00 AM | In-Town Pool Call Time In-Town Pool |
| 11:00 AM | Out-of-Town Pool Call Time Joint Base Andrews Overhang Out-of-Town Pool |
| 11:55 AM Leaves the White House | The President departs the White House en route to Joint Base Andrews South Lawn Open Press |
| 12:15 PM Leaves Joint Base Andrews | The President departs Joint Base Andrews en route to New Castle, Delaware Joint Base Andrews Out-of-Town Pool |
| 1:00 PM Leaves New Castle, Delaware | The President and The First Lady depart New Castle, Delaware en route to the Philadelphia area, Pennsylvania Out-of-Town Pool |
| 1:20 PM Arrives in the Philly area | The President and The First Lady arrive in the Philadelphia area, Pennsylvania Out-of-Town Pool |
| 3:15 PM Campaign Remarks | The President delivers remarks at a campaign event; The First Lady attends Open Press |
| 5:50 PM Leaves the Philly area | The President and The First Lady depart the Philadelphia area, Pennsylvania en route to New Castle, Delaware Out-of-Town Pool |
| 6:10 PM Arrives in New Castle, Delaware | The President and The First Lady arrive in New Castle, Delaware Out-of-Town Pool |
President Biden Delivers Remarks Near Valley Forge, Pennsylvania (from the Joe Biden YouTube) @3:15 p.m. D.C., time:
Other live feeds:
NBC News:
Yahoo Finance:
Jobs Report Tweet
From Friday…
Our economy created 2.7 million new jobs in 2023 while the unemployment rate was consistently below 4%.
— President Biden (@POTUS) January 5, 2024
That’s more jobs than during any year of the prior Administration.
This morning’s report confirms that it was a great year for American workers.
Statement from President Joe Biden on the December Jobs Report:
This morning’s report confirms that 2023 was a great year for American workers. The economy created 2.7 million new jobs in 2023—a year when the unemployment rate was consistently below 4 percent—more jobs than during any year of the prior Administration.
White House.gov. 01/05/2024.
The strong job creation continued even as inflation fell to the pre-pandemic level of 2 percent over the last six months, and key prices have fallen over the last year—for a gallon of gas, a gallon of milk, toys, appliances, car rentals, and airline fares. American workers’ wages and wealth are higher now than before the pandemic began, adjusting for inflation.
I won’t stop fighting for American workers and American families. I know that some prices are still too high for too many Americans, and I am doing everything in my power to lower everyday costs for hard-working Americans—from bringing down the price of insulin, prescription drugs, and energy, to addressing hidden junk fees companies use to rip you off, to calling on large corporations to pass on savings to consumers as their costs moderate. And I will continue opposing efforts by Congressional Republicans to shower massive giveaways on the wealthy and big corporations, cut Medicare, Medicaid, and Social Security, and block us from lowering costs for American families.
BLS.gov said Friday:
Total nonfarm payroll employment increased by 216,000 in December, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in government, health care, social assistance, and construction, while transportation and warehousing lost jobs.
[snip]
The change in total nonfarm payroll employment for October was revised down by 45,000, from +150,000 to +105,000, and the change for November was revised down by 26,000, from +199,000 to +173,000. With these revisions, employment in October and November combined is 71,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
BLS.gov. 01/05/2024.
New York Times Econ/Business Reporter Ben Casselman said:
September/October both revised down by combined 71,000.
— Ben Casselman (@bencasselman) January 5, 2024
Job growth is slowing, but it’s a very gradual, and very uneven slowdown. If we take the latest data literally, job growth has accelerated the past two months, though that’s in part due to downward revisions to October/November. pic.twitter.com/CbFhCuRe2V
— Ben Casselman (@bencasselman) January 5, 2024
The household survey was distinctly weak in December. The labor force shrank by nearly 700,000. Participation down three tenths of a point. Ditto employment rate. pic.twitter.com/2sGrHqshzl
— Ben Casselman (@bencasselman) January 5, 2024
“New” From the White House…
01/04/2024:
- Press Briefing by Press Secretary Karine Jean-Pierre and NSC Coordinator for Strategic Communications John Kirby, January 4, 2024; the YouTube is 1 hour and 4 seconds long.
01/05/2024:
This is an Open Thread.
