Number far surpasses economists’ expectations as US grapples with Omicron – follow all the latest news
Here’s where the day stands so far: Joe Biden celebrated the strong January jobs report, which showed that the US economy added 467,000 jobs last month. In a speech this morning, Biden noted that 6.6 million jobs have been created in the year since he took office, as the country continues to recover from the coronavirus pandemic. “America is back to work,” Biden said. “History’s been made here.” The House passed a bill to bolster the US production of semiconductor chips.
The COMPETES Act passed the House in a vote of 222 to 210, which fell almost entirely along party lines. The Senate has passed a similar bill on economic competitiveness, and the two chambers must now work on a compromise measure before it can go to Biden’s desk. The Republican National Committee is expected to approve a resolution censuring Liz Cheney and Adam Kinzinger, the two Republican members of the House select committee investigating the Capitol insurrection.
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