WASHINGTON — Friday saw the first snag in President Biden’s economic recovery efforts, with only 266,000 jobs — less than a third of what had been expected — gained throughout the course of April. Monday had Biden arguing in a White House address that there was, in essence, nothing to worry about. Recovering from a
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When it comes to free money, Americans may be getting too much of a good thing. Under President Biden’s recently enacted $1.9 trillion American Rescue Plan, workers who lost their jobs to the pandemic shutdowns and scale-backs are now earning more in unemployment benefits than they did in wages. And that is stopping people from
The US Department of Energy (DOE) has announced $56 million in funding to boost US solar manufacturing and recycling. Of those funds, $10 million will come from President Joe Biden’s Bipartisan Infrastructure Law. That money should provide a much-needed boost to the US solar manufacturing industry as around 90% of US solar panels are currently
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President Joe Biden cited Thursday’s unemployment numbers as a signal his administration is shepherding a “durable economic recovery” following the coronavirus pandemic. The Department of Labor announced earlier that day that the number of people filing new unemployment claims fell to 310,000, the lowest mark since the beginning of the pandemic. Claims spiked in late