President Biden on the May Jobs Report ...Middle East

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Rehoboth Beach, Delaware…Hello, folks. Good morning. Today, we received great news for our economy and our recovery and for the American people. This morning, we learned that, in May, our economy created 559,000 new jobs, unemployment rate fell to 5.8 percent, and wages went up for American workers. That means we have now created over 2 million jobs in total since I took office — more jobs than have ever been created in the first four months of any presidency in modern history, triple the rate of my predecessor, eight times the rate of President Reagan. The unemployment rate is now below 6 percent for the first time since the pandemic hit. The first 14 months — first time — first time

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