In December, the United States added 223,000 jobs, exceeding expectations by more than 21,000, and the unemployment rate fell to 3.5%.
Last year, 4.5 million new jobs were created. President Joe Biden stated that his first two years in office saw the highest levels of job growth in history.
According to the White House, the unemployment rate for Black and Hispanic Americans has dropped to near-record lows. Manufacturing employment increased by 8,000 jobs last month, bringing the total number of manufacturing jobs created since Biden’s election to 750,000.
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