WASHINGTON—President Joe Biden touted his economic performance on Friday following the August jobs report in a speech at the White House, replying to his predecessor’s claim that he presided over greater employment gains.
The U.S. economy added 187,000 jobs in August, according to the Bureau of Labor Statistics (BLS), exceeding the consensus estimates. Even though this marked the third-weakest jobs report under President Biden, it was still interpreted as a sign of a resilient labor market.