There are going to be a bunch of jobs posts. Here’s the first.
- When President Joe Biden took over the presidency from 45, the unemployment rate was 6.4%.
- By the end of 2021, the rate fell to 3.9%, was 4% in January, 2022, and has been below 4% for the last 24 months.
- This is a historically low sustained unemployment rate.
And it’s still going. The January, 2024 jobs report was very encouraging, as employment is surging.