Release: June Jobs Report Dazzles, Biden Economy Booms Heading into Fourth of July Weekend
U.S. adds another 850,000 jobs, totals three million jobs added under Biden presidency
PHOENIX –– According to this morning’s Department of Labor jobs report, the U.S. added 850,000 in the month of June — the strongest month of job growth so far this year. In the five months since President Joe Biden took office, three million jobs were created.
Today’s report also showed that the most hard-hit sectors of the American economy are roaring back. Leisure and hospitality added 343,000 jobs, raising its three-month average job growth to 326,000.
In a word, as the IMF said yesterday, our Biden-led recovery is remarkable. Yesterday, jobless claims reached yet another pandemic era low as our recovering economy continues to slow layoffs. What’s more: average wages are up 1.4% over the last three months — the strongest increase before the pandemic since 2006.
“America is back. Today’s strong jobs report provides yet another indication that President Biden’s recovery plan is working as our economy continues to build back stronger,” said ADP Executive Director Charles Fisher. “On his first day in office, President Biden put forth his American Rescue Plan, promising to get shots in arms, checks in pockets, and people back to work. Now, as we come back together to celebrate this Fourth of July, Arizonans can see that the Biden-Harris administration not only kept that promise, but has delivered unprecedented economic growth centered on working families and small businesses.”