President Biden said Friday he has kept his campaign promise to 'rebuild the middle class,' touting U.S. job growth, which unexpectedly accelerated in July.
matches the lowest it’s been in more than 50 years: 3.5%. More people are working than at any point in American history," Biden said in a statement. "That’s millions of families with the dignity and peace of mind that a paycheck provides."And, it’s the result of my economic plan to build the economy from the bottom up and middle out," Biden continued.
President Biden delivers a speech on infrastructure spending at Carpenters Pittsburgh Training Center in Pittsburgh on March 31, 2021. The job growth defied fears of a slowdown in hiring, even as the labor market confronts twin threats of scorching-hot inflation and rising interest rates.
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