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13.5 Million Jobs Created Under President Biden PDF Print E-mail
Elections, Elected Officials, Political Parties
Written by WisDems Press   
Friday, 01 September 2023 14:03

jobs-now-hiringMADISON, Wis. — Today, the Democratic Party of Wisconsin released the following statement after the U.S. Department of Labor announced that the U.S. economy added 187,000 jobs in August, bringing the total jobs created under President Biden’s leadership to nearly 13.5 million.

“Today’s jobs report confirms yet again that Bidenomics is working for Wisconsin families. Wages are up, unemployment is near historic lows, and thousands of good-paying jobs have been created right here in Wisconsin,” said Democratic Party of Wisconsin spokesperson Haley McCoy.“Wisconsinites are seeing the difference between President Biden’s record of strengthening our economy by rebuilding the middle class and the previous administration’s history of broken promises, tax handouts to big corporations, and the highest unemployment rate since the Great Depression. Despite MAGA Republicans’ efforts to roll back the progress we’ve made, President Biden, Vice President Harris, Senator Baldwin, and Democrats are continuing to grow the economy from the bottom up and the middle out.”

Here’s a look at how Bidenomics is delivering in Wisconsin and across the country:

  • joe-biden-speaksThe US economy added 187,000 jobs in August, bringing the total jobs created since President Biden took office to a record 13.5 million jobs – including 1.5 million good-paying manufacturing, construction, and engineering jobs.

  • The share of prime working-age Americans in the workforce is at its highest level in over 20 years, with Wisconsin’s workforce participation rate exceeding the national average.

  • The unemployment rate has been under 4 percent for 19 months in a row – the longest stretch since the 1960s.

  • In Wisconsin, the unemployment rate in July was 2.6%, just above the record low of 2.4% reached in April and May.

  • All jobs lost during the pandemic have been regained, including an additional 4 million more created.

  • Wages are up 4.3 percent over the past year.

  • Annual inflation is down by more than half since last summer.

Last Updated on Saturday, 02 September 2023 12:15
 
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