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This report exceeded expectations, with the unemployment rate ticking down to 4.1 percent. Economists projected the U.S. to gain 155,000 jobs and hold the jobless… Watch live: Biden to discuss ...
Also, the Black unemployment rate hit an all-time low of 4.8% in April 2023, BLS data shows. GDP and consumer spending Biden will hand off an economy that continues to grow at a healthy clip.
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 ...
In the 32nd month of Biden’s term (October 2023), unemployment hit 3.8 percent, compared with a 3.6 percent rate at the same point in Trump’s presidential era.
[5] [6] Biden called on Congress to enact antitrust laws to rein in Big Tech. [7] [8] The creation of 12 million new jobs [9] and the unemployment rate. Other talking points mentioned include domestic semiconductor manufacturing, inflation, infrastructure, gun violence, and the Russian invasion of Ukraine. [10]
On the final day of the Trump presidency, the average 30-year fixed mortgage rate was approximately 2.84 percent. On March 26, 2024, the same rate sat at approximately 6.75 percent. Average Rent
The unemployment rate now is lower than when Trump left office, but it ticked up in recent months. July’s unemployment rate , the most recent figure available, was 4.3%, the Bureau of Labor ...
The job market also took a significant hit during Trump’s years, with the unemployment rate skyrocketing to a peak of 14.7% by the end of Trump’s presidency.