Pelosi, Schumer say July jobs report underscores need for next coronavirus stimulus

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer argued Friday that July's jobs report showcased the urgent need for Congress to pass another coronavirus stimulus.

The state of play: Congressional Democrats and Republicans remain miles apart on stimulus talks as the August recess looms. Schumer and Pelosi have argued for another massive package while Republicans eye a more pared-back solution — and President Trump has threatened executive action amid the logjam.

• The most recent jobs report showed significantly slowed employment growth as some areas around the country tightened restrictions amid a coronavirus surge.

What they're saying: "The latest jobs report shows that the economic recovery spurred by the investments Congress has passed is losing steam and more investments are still urgently needed to protect the lives and livelihoods of the American people."

• "Millions of Americans are still hurting and yet, despite this reality, President Trump and Republicans appear ready to walk away from the negotiating table to do unworkable, weak and narrow executive orders that barely scratch the surface of what is needed to defeat the virus and help struggling Americans."
• "We remain committed to continue negotiating and reaching a fair agreement with the Administration, but we will not go along with the meager legislative proposals that fail to address the gravity of the health and economic situation our country faces."

The big picture: Joe Biden also targeted Trump in a statement on the jobs report, saying, "We are in a deeper economic hole than we should be because of Donald Trump’s historic failure to respond to the pandemic, and the pace of recovery has now slowed because of Trump’s continuing inability to come up with a plan to control the virus."

The other side: Though he has no public appearances on his schedule Friday, Trump briefly touted the jobs report on Twitter, calling it "great."

• Worth noting: It's a more subdued response than his reaction to both May and June's reports, as both led him to take victory laps before the White House press corps.