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Biden Claims Record Job Growth Achievements in Final Report

share-iconPublished: Saturday, January 11 share-iconUpdated: Saturday, January 11 comment-icon2 months ago
News sources:
USATODAY
Biden Claims Record Job Growth Achievements in Final Report

Credited from: USATODAY

  • President Joe Biden announced favorable job growth results, claiming 16.6 million new jobs were created during his term.
  • He emphasized that this job creation is the highest in any presidential term in history, showcasing the economy's "transformational progress."
  • The U.S. job market saw an unexpected acceleration, with December adding 256,000 jobs and an unemployment rate decrease from 4.2% to 4.1%.
  • White House Press Secretary Karine Jean-Pierre highlighted that the Biden administration was the only one to gain jobs every month throughout its entirety.
  • December's job growth was particularly driven by sectors like health care and retail, indicating a healthier diversification in job gains.

For the full article, visit USA Today.

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