Biden Calls Jobs Report ‘Great News’ for U.S. Economy

The transcript discusses the significant economic recovery in the U.S., highlighting the creation of 559,000 new jobs in May and a drop in the unemployment rate to 5.8%. It emphasizes the role of increased vaccinations in facilitating this progress and notes the historic nature of the recovery. The text also outlines the challenges faced at the start of the presidency, such as high unemployment claims and hunger, and the improvements made since then. Economic growth projections have been revised upwards, with the U.S. leading major economies in recovery speed. The success is attributed to public cooperation and strategic policies like the American Rescue Plan.

What was the projected economic growth for the U.S. in 2021 according to the OECD?

What actions were taken to help control COVID as mentioned in the text?