President Joe Biden announced on Friday that he expects U.S. job growth to recover in November, following a recent hiring slowdown attributed to recent hurricanes and labor strikes. His remarks come as the country approaches the final stretch of a closely contested presidential election.
“Job growth is expected to rebound in November as our hurricane recovery and rebuilding efforts continue,” Biden said, acknowledging the impact that natural disasters and work stoppages have had on employment figures.
The labor market recently saw a significant dip in new hires, with economic disruptions from hurricanes and labor strikes taking a toll on the world’s largest economy. Biden’s optimistic outlook is aimed at reassuring voters that the economy is resilient and that job creation will accelerate as rebuilding efforts pick up pace.
The November jobs report is expected to provide a critical update on the nation’s economic health, with potential implications for Biden’s re-election campaign amid voter concerns about economic stability.
