My1sttoday Politics — President Biden achieved the greatest job growth in American history in 2021.
President Joe Biden said his economic plan is working after a report showed the U.S. economy added a record 6.4 million jobs in 2021 — rebounding strongly from unprecedented losses in 2020 caused by the pandemic.
“That’s the most jobs in any calendar year by any president in history,” Biden said Friday January 7th, 2022 at the White House after the release of Labor Department data. “America is back to work.”
After interspersing more than 22 million jobs at the start of the pandemic, the widespread availability of vaccines in early 2021 supported a bounce-back in demand for services as pandemic-weary consumers ramped up spending on travel and dining out. And excess savings, fueled in part by the Democrats’ $1.9 trillion stimulus bill in March, bolstered demand for goods.
The unemployment rate fell to 3.9% in December, well below levels that economists had anticipated at the start of last year. Biden highlighted increases in wages and a decline in layoffs.
Biden renewed his call for lawmakers to pass his roughly $2 trillion tax and social spending plan, saying it would help address high prices. He also said the Federal Reserve would act to restrain inflation.
On Wednesday, President Biden tweeted “2021 was the greatest year of job growth in American history.”
2021 was the greatest year of job growth in American history.
— President Biden (@POTUS) February 2, 2022
The average number of Americans filing for unemployment has been near its lowest level since 1969. When the President took office, over 18 million were receiving unemployment benefits, today only 2 million are—also the biggest single year drop in history. Most significant by economic impact of any first-year president.
Experts estimate the lowest child poverty rate ever in 2021. Nearly 5 million Americans have newly gained health insurance coverage. The number of households reporting that they sometimes or often did not have enough food to eat dropped by 32%.
More judges confirmed to lower federal courts than any president since President Kennedy. More Black women appointed to the U.S. Court of Appeals than any president – even over 8 years – in history.
First majority non-white Cabinet in history, with most women in the Cabinet, including first woman Treasury Secretary, first LGBTQ+ and Native American Cabinet officials, and first woman Director of National Intelligence.
Largest investments ever in the power grid, electric vehicle chargers, and climate resilience. Largest investment and national, bipartisan plan to get safe and clean drinking water to all Americans.
Strongest vehicle emissions standards ever to save drivers money at the pump and reduce pollution. First-ever approvals of large-scale offshore wind projects. Most diverse Administration in history – most women, people of color, disability, LGBTQ+, first generation American, and first-generation college graduates.