White House Press Briefing: February 5th: Jobs Report and the Economy

WASHINGTON, D.C. (February 5, 2021)—the White House daily press conference.

Highlights:

Jared Bernstein, Council of Economic Advisors

  • The employment report revealed a stall in the American job creation machine. 
  • The economy added 49,000 jobs in January after loosing 227,000 jobs in December. The economy has average 29,000 over the last 3 months.
  • Minority workers were most likely to lose their jobs more than White workers.   
  • Women are being forced out of the labor market.
  • Raising the threshold of the stimulus check recipients. There are 3 perimeters in play: the threshold, the level, the phaseout range–a variable under discussions, but it has not been a conclusion.

Jen Psaki

  • Biden and Yellen  to hold a roundtable with Black Chamber of Commerce to discuss small businesses and communities.
  • Homeland Security Advisor and the FBI will attend the memorials services of the two fallen FBI special agents killed in a Florida shootout.
  • Biden will have fireside conversations to engage with the American people.
  • Next week Biden will virtually tour a vaccination center on Wednesday he will meet with the Secretary of Defense and on Thursday, Biden will visit the NIH.
  • Biden will spend the weekend in Delaware with his family.
  • The Press Secretary does not know if Biden has received COVID-19 test since being at the White House, other than one public picture opt when receiving his first COVID-19 vaccine.
  • Reconciliation is a parliamentary procedure. Reconciliation bills have been bipartisan.  Press Secretary said that they are not going to sit and wait.  
  • The Press Secretary did not know if the illegal aliens are tested before entering into the communities for COVID-19, but referred the reporter to Homeland Security.  DHS said that they are having to release illegals into the communities before testing or knowledge if they are infected with the virus.
  • Biden’s ran on unifying the country and did not run on unifying the Republicans and Democrats in Congress.  There was bipartisan support on many amendments of Biden’s stimulus plan including the minimum wage amendment.
  • Part of the stimulus bill funding has already been spent out—Biden does not have a timeline for Congress to get the bill to his desk.
  • The Biden’s administration has been working with pharmaceuticals to get 1 million vaccines out to the people.  
  • The Press Secretary said that Pelosi is a powerful force–never to be underestimated.
  • The Biden’s administration is going to work closely with the American allies.  The Press Secretary said strategic competition with China is part of that. Biden is committed to making major investments in technology.

 

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