"According to economist Steven Rattner of Morning Joe, the United States has now had 26 consecutive months—more than two years—of unemployment under 4%, the longest stretch of unemployment that low since the late 1960s.
Rattner pointed out that immigrants have helped to push U.S. growth since the pandemic by adding millions of new workers to the labor market."
~ Heather Cox Richardson
#jobs #unemployment #Biden #economy #EconomicRecovery #immigrants
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https://heathercoxrichardson.substack.com/p/april-5-2024
April 5, 2024
Today offered yet more evidence that Biden’s rejection of the Republicans’ supply-side economics in favor of investing in ordinary Americans is paying off with high growth, low unemployment, and strong wages. Today’s jobs report from the U.S.Heather Cox Richardson (Letters from an American)