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STATEMENT: Jobless Claims Drop to Pandemic-Era Low As President Biden’s American Rescue Plan Continues to Kick Economy Into High Gear

By May 13, 2021No Comments

In response to the latest weekly first-time jobless claims dropping to another pandemic-era low of 473,000, Protect Our Care’s Coronavirus War Room Spokesperson Michael Feldman issued the following statement:

“Week after week President Biden demonstrates he is doing what’s necessary to get the economy back on track and last week’s jobless claims are a clear sign that his American Rescue Plan is doing exactly what it was intended to do: getting Americans back on their feet and putting an end to this crisis. 

“Thanks to the American Rescue Plan, Americans are getting badly needed investments to boost the economy back to pre-pandemic levels with direct stimulus checks, expanded unemployment insurance, state and local aid keeping essential workers like nurses, firefighters and EMTs on the job, assistance for families struggling to make rent and mortgage payments, and the funding for an effective vaccine distribution effort that is finally getting this pandemic under control.

“President Biden’s bold economic agenda doesn’t stop there, his American Jobs Plan will get our economy roaring back and better than ever by creating millions of new jobs and investing in our infrastructure, making our country more competitive and stronger than it’s ever been. 

“As jobless numbers continue to sink every week under President Biden’s leadership, it’s clear that our economy is on a clear upward trajectory and we are closer than ever to defeating the pandemic.”