President Biden heralds jobs data but warns on progress

"We still have a long way to go," U.S. President Joe Biden told reporters on Friday.

Non-farm payrolls surged by 916,000 jobs last month, the biggest gain since last August. "In the face of this great news, I need also to make this clear and direct statement to the American people: progress we've worked so hard to achieve can be reversed," he said.