President Joe Biden leaves office with an unprecedented economic record, having created over 16.6 million jobs during his term. The latest report shows an addition of 256,000 jobs in December, making Biden’s administration the only one in history to achieve job growth every single month. Despite inheriting an economy with over 6% unemployment, Biden has steered the U.S. to the lowest average unemployment rate in 50 years, currently standing at 4.1%. The economic recovery under Biden has been nothing short of miraculous, surpassing forecasts that predicted years for full recovery. Not only has the administration managed to control inflation effectively, but it has also fostered the strongest growth and employment creation among advanced economies, achieving a soft landing that experts thought was unattainable. Women and black Americans have seen record employment rates, narrowing the unemployment gap like never before, with incomes rising nearly $4,000 more than prices.
#bideneconomy #jobgrowth #economicrecovery #unemploymentrate #bidenlegacy #indiatoday #indiatodaylivestream
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