Administration of Joseph R. Biden, Jr., 2022

August 5, 2022

Today the unemployment rate matches the lowest it's been in more than 50 years: 3.5 percent. More people are working than at any point in American history. That's millions of families with the dignity and peace of mind that a paycheck provides. And it's the result of my economic plan to build the economy from the bottom up and middle out. I ran for President to rebuild the middle class. There's more work to do, but today's jobs report shows we are making significant progress for working families.

Categories: Statements by the President : Employment situation in July, Bureau of Labor Statistics report.

Subjects: Economy, national : Strengthening efforts; Employment and unemployment : Job creation and growth; Employment and unemployment : Unemployment rate; Labor, Department of : Bureau of Labor Statistics.

DCPD Number: DCPD202200694.

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