Biden sees U.S. economy as powering past the pandemic

Biden sees U.S. economy as powering past the pandemic

SeattlePI.com

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WASHINGTON (AP) — That bleak jobs report the White House had been bracing for never arrived Friday.

Instead, President Joe Biden got the pleasant surprise that the U.S. economy had powered through the omicron wave of the coronavirus and posted 467,000 new jobs in January — along with strong revisions to job gains in the two prior months. It showed just how much the pandemic's grip on the economy has faded, though the nation is still grappling with high inflation.

“Our country is taking everything that COVID has to throw at us, and we’ve come back stronger," Biden declared at the White House.

The jobs report suggested the United States has entered a new phase in its recovery from the pandemic. And it capped something of a comeback week for the president.

Also on Friday, the House passed a bill to jumpstart computer chip production and development, a key step for reconciling differences with an earlier measure approved by the Senate. And a day earlier, outside the economy, the administration announced that U.S. forces had raided the home of the Islamic State leader, leading Abu Ibrahim al-Hashimi al-Qurayshi to blow himself up.

Harvard University economist Jason Furman, a former adviser in the Obama White House, said the jobs report showed that employers and workers had gotten over the havoc caused by the pandemic.

The virus “is now one factor among many and no longer the dominant factor it was,” said Furman. He pointed to broad strength across the report and the addition of 151,000 jobs in the leisure and hospitality sector — restaurants, hotels, entertainment and more in an area of the economy most prone to disruption from the pandemic.

Yet as the economy strengthens, a question for Biden personally — and his presidency — is whether he can stitch together the...

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