US ‘way below’ jobs potential

Art Laffer, a former economic adviser to Ronald Reagan, told "Mornings with Maria" on Thursday that he is "not optimistic about the Biden long-term jobs situation." 

"I don’t have really a lot of hope for the jobs market long-term in the U.S.," he added.

Laffer made the comments on Thursday, the day it was revealed weekly jobless claims fell to a pandemic low and private-payroll job growth surged past expectations.  READ MORE