Biden: Unemployment numbers show 'jobs recovery is one of the strongest ever'
President Biden on Wednesday touted the number of unemployment insurance claims, stating that the number represents one of the strongest jobs recoveries ever.
“Today, we received further evidence that our jobs recovery is one of the strongest ever. The average number of Americans filing for unemployment over the last four weeks is now at its lowest level since 1969,” Biden said in a statement.
The four-week moving average for claims fell by 16,000 to 203,750, the lowest level since Nov. 15, 1969.