(C) Reuters. U.S. Democratic presidential candidate Joe Biden speaks during a campaign event in Dover
By James Oliphant
DOVER, Del. (Reuters) – Democratic White House candidate Joe Biden on Friday criticized Republican President Donald Trump for prematurely celebrating a better-than-expected jobs report, saying the battered U.S. economy still faces an arduous rebuilding.
Biden said the government’s surprising May report showing the addition of 2.5 million jobs in the middle of the coronavirus pandemic was just a first sign of recovery from a deep and broad recession.
“There is so much more work to be done. So many Americans are still hurting,” Biden, the former vice president, said at Delaware State University, a historically black university in Dover (NYSE:DOV).
The remarks came after the Labor Department said the unemployment rate dropped to 13.3% from 14.7% in April, suggesting the economic downturn may have bottomed out. Nonfarm payrolls rose after a record plunge of slightly under 20.7 million in April.
Trump, who has been counting on a quick economic turnaround to boost his chances against Biden in the Nov. 3 election, was quick to take credit at a White House news conference, and said the economy could regain all of its lost jobs by next year.
Biden said Trump’s celebration while so many Americans were still struggling was a sign of how out of touch he was.
“The president who takes no responsibility for costing millions and millions of Americans their jobs deserves no credit when a fraction of them return,” Biden said.
Not everyone was benefiting from the improvement, Biden noted, as the African-American unemployment rate rose slightly.
The report underscored the challenge Biden faces in fashioning his own distinct economic message. Even while Biden leads Trump nationally in a head-to-head matchup, polls show the president is largely more trusted on his handling of the economy.
Biden, who has called for an ambitious set of federal programs to lift the country out of recession, repeated his pledge to release a large-scale recovery plan soon.
Biden says ‘much more work to be done’ on economy after surprising jobs report
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