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President Biden touted the drop in first-time unemployment benefit claims to a 52-year low, though he faces other economic problems like rising prices and supply chain issues amid speculation on a ...
The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That beat the Trump-era low that was a record at the time, 5.3% in August 2019 and ...
On Feb. 4, President Joe Biden took a victory lap when a blockbuster January jobs report defied the White House's own low expectations for that month's employment numbers. Analysts had predicted ...
The unemployment rate averaged a very low 3.6% in 2023, as it had in 2022; the last year with an average 3.5% unemployment rate was 1969. [26] The number of persons with jobs continued setting records monthly as it had since June 2022 when the pre-pandemic peak was regained, reaching 157.3 million in December 2023.
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
In his remarks at the Brookings Institution, Biden plans to highlight the creation of 16 million jobs, the most in any single presidential term, the lowest average unemployment of any ...
His unemployment rate is the fifth-lowest, but it is a full 2% higher than Johnson’s. He is fifth-highest for inflation, but at 4.7%, inflation during Reagan’s presidency was less than half of ...
Jobless rate at 3.5%, matching a 53-year low. Zero recessions — so far. Zero recessions — so far. $31.38 trillion: The federal debt stood at $27.6 trillion when Biden took office.