The Biden-Harris Accomplishment Record Post#2

January 3, 2024

More People Are Working Than At Any Point in American History

Unemployment Infographic

As a result of President Biden’s economic plan, 2021 and 2022 were the two strongest years of job growth in history. Nearly 11 million jobs have been created since President Biden took office – including 750,000 manufacturing jobs. The unemployment rate is at a 50-year low, and a record number of small businesses have started since President Biden took office. Black Americans and Hispanic Americans have near record low unemployment rates and people with disabilities are experiencing record low unemployment.

And U.S. employment is projected to increase 6.5 percent during the 2014–24 decade, from 150.5 million jobs in 2014 to 160.3 million jobs in 2024. The U.S. Bureau of Labor Statistics (BLS) Employment Projections program releases projections for 819 detailed occupations.

https://www.usatoday.com/story/money/2023/12/24/us-economy-2024-what-will-job-market-look-like-predictions/71989280007/

And in 2024, minimum wage is increasing is 22 states and 40+ cities 

https://www.cnn.com/2023/12/06/success/minimum-wage-increases-2024/index.html

 

ResultsFor The American People

Two strongest years of job growth in history
More than 40 million borrowers stand to benefit from student debt relief
Nearly 11 million jobs created since 2021
Taken over 100 actions to lower household energy costs by $100 per year
Helped bring gas prices down more than $1.60 from their summer 2022 peak
Signed the most significant gun violence prevention legislation in nearly 30 years
Increased the maximum value of Pell Grants by $900
3.5% unemployment rate — the lowest in 50 years
750,000 new manufacturing jobs
Near a record low unemployment rate for Hispanics
Near a record low unemployment rate for African-Americans
Record low unemployment rate for people with disabilities
Millions of Americans are saving $800 per year on health insurance coverage
$15 minimum wage for Federal workers and contractors
Fully vaccinated 79% of American adults against COVID-19
Led the world in a historic release of strategic reserves
Infrastructure investments in all 50 states, D.C., territories, and throughout Tribal nations
Over 16 million households receiving lower cost or free high-speed internet through the Affordable Connectivity Program

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