President Joe Biden touted a surprisingly strong U.S. jobs report for January, declaring, “America’s job machine is going stronger than ever.”
“Our country is taking everything that Covid has to throw at us and we’ve come back stronger,” Biden said, speaking from the White House.
Pres. Biden on expectedly strong jobs report: "Our country has taken everything that COVID has to throw at us, and we've come back stronger…America is back to work." https://t.co/vSUyrnXlkF pic.twitter.com/anEvHkZhch
— ABC News (@ABC) February 4, 2022
Despite the predictions of many economists, America’s employers added 467,000 jobs in January, a sign of the economy’s resilience even in the face of a wave of omicron infections last month.
Friday’s job report showed the US economy added 6.6 million jobs during Biden’s first 12 months in office, making it by far the best-ever first year for a president.
“If you can’t remember another year when so many people went to work in this country, there’s a reason,” said Biden. “It never happened.”
“History has been made here,” Biden said. He touted the “historic economic progress,” the country has seen under his administration and credited his economic policies. He praised the Democrats’ Covid-19 emergency relief bill and the bipartisan infrastructure law as essential to the nation’s recovery.
The government’s Friday report also drastically revised its estimate of job gains for November and December by a combined 709,000. It also said the unemployment rate ticked up from 3.9% to a still-low 4%, mainly because more people began looking for work and not all of them found jobs right away.
“I know it hasn’t been easy. I know that January was a very hard month for many Americans. I know that after almost two years, the physical and emotional weight of the pandemic has been incredibly difficult to bear for so many people,” Biden said.
“But here’s the good news,” Biden continued. “We have the tools to save lives and to keep businesses open and keep schools open. Keep workers on the job.”
Biden also took the opportunity to tout how the bipartisan infrastructure law passed last year is already taking effect and to push for congressional action on other items stalled on his domestic agenda, including signature items in his Build Back Better agenda, like subsidized childcare and lowering prescription drug prices.
“Look, the bottom line is this: The United States is once again in a position to not only compete with the rest of the world — but out-compete the rest of the world once again,” Biden said. “Let’s keep building a better America.”