President Biden: Economic Plan Is Working Despite Jobs Report

The video discusses the disappointing April jobs report, where the US economy added only 266,000 jobs, far fewer than the expected 1,000,000. It explores the debate over whether larger unemployment checks from the American Rescue Plan are discouraging people from returning to work. The President emphasizes that those on unemployment must accept suitable job offers or lose benefits, with some COVID-19 exceptions. Additionally, the White House announced $350 billion for state, local, and tribal governments for various uses, including rehiring workers and expanding broadband. Relief checks totaling over $2 billion were also sent to 16,000 restaurants affected by the pandemic, funded by the Restaurant Revitalization Fund, part of the American Rescue Plan.

How many jobs were added to the US economy in April, and how does this compare to expectations?

• 266,000 jobs were added, which was less than expected.

• 1,000,000 jobs were added, meeting expectations.

• 266,000 jobs were added, which was more than expected.

• 1,000,000 jobs were added, which was less than expected.

What is one reason some people believe unemployment benefits are affecting job numbers?

• Unemployment benefits are too difficult to obtain.

• The benefits are only available for a short period.

• People are earning more from unemployment benefits than from working.

• There are not enough jobs available.

What must individuals receiving unemployment benefits do if offered a suitable job?

• They can choose to decline the job without any consequences.

• They must accept the job or lose their benefits.

• They can negotiate for higher benefits.

• They must report the job offer to the government.

What is one of the uses for the $350 billion announced by the White House?

• Funding international aid programs.

• Rehiring workers and expanding broadband access.

• Building new highways.

• Developing new military technology.

What is the source of the $2 billion relief checks for restaurants?

• The Restaurant Revitalization Fund.

• The Small Business Administration.

• The American Jobs Plan.

• The Infrastructure Investment Fund.