Acting Labor Secretary: Thanks to Biden’s Economic Recovery People Celebrated July 4th Yesterday, in 2020 They Were Told to Stay Home
EXCERPT:
SU: "I mean, exactly to your point about most economies, right, we had an unemployment rate at or below 4% for the longest stretch since Neil Armstrong stepped on to the Moon. And now it’s ticked up slightly to 4.1%, and, as you said, this is still a really historically low number. By comparison, let’s just remember, on this day in 2020, during the last administration, the unemployment rate was nearly 12%, and so we’ve come roaring back from that time period. And most people, you know, celebrated July 4th. I’m here in D.C., seeing people get together with their families, come outside. In 2020, people were told to stay home and stay away from everybody, so this is the kind of economic recovery that is only possible when there is wisdom, experience, leadership, and real investments, which is what we’ve done and what we’ll continue to do."




