Biden: February Jobs Report Shows that My ‘Economic Plan Is Working’

‘This is no accident’

EXCERPT:

BIDEN: "Look, I think we got a good jobs report. I'm happy to report that our economy has created over 300,000 new jobs last month. That’s on top of the half million jobs we added the month before. All told, we've created more than 12,000 -- 12,000 jobs since I took office, nearly 8,000 of the manufacturing jobs. That means overall, we've created more jobs in two years that any administration has created in the first four years. And I think all this matters. It's no accident. It means our economic plan is working. And when I took office, the recovery and the economy was -- there was no recovery and the economy was reeling, and 18 million people were unemployed, on unemployment insurance, compared to less than 2 million today. Unemployment was 6.3% and nonpartisan Congressional Budget Office predicted it wouldn't get below 4% until 2026. Because of our economic plan, unemployment has been below 4% for 14 straight months since January of 2022.”

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