US president Joe Biden to lay thrust on job creation
Hiring by firms will be promoted if covid vaccine does job
Only half of the over 22 million jobs lost in covid have been regained
Currently, American job market presents big challenge for Biden
President had unveiled a $1.9 trillion plan to strengthen the economy
Unemployment benefits were increased and direct cash payments introduced
Jobs in infrastructure, energy and education to grow in second phase
It is unclear whether Congress will approve of Biden’s proposals
Slim majority of Democrats in the Senate may come in handy
Indication is that the country will go into recession if no action is taken
