Why Biden's betting unemployment prepaidbill online will stay low for now

On Friday, the U.S. unemployment rate ticked down to a 50-year low of 3.5 percent as 179,000 more Americans were employed in the Bureau of Labor Statistics’ household survey.After today, there will only be three more unemployment reports before the Nov. 8 Congressional midterms: Sept. 2, Oct. 7 and Nov. 4.President Joe Biden – who said the day consecutive quarterly negative growth numbers in the Gross Domestic Product were reported by the Bureau of Economic Analysis that ‘that doesn’t sound like a recession to me’ – is betting at least the jobs reports won’t be that bad between now and Election Day.