Biden’s Numbers, January 2023 Update

Posted on AllSides January 23rd, 2023
From The Center
FACT CHECK

Here’s how the United States has fared since President Joe Biden took office two years ago:

The economy added 10.7 million jobs under Biden, putting the total 1.2 million higher than before the pandemic.

The unemployment rate dropped back to 3.5%; unfilled job openings surged, with over 1.7 for every unemployed jobseeker.

Inflation roared back to the highest level in over 40 years before slowing markedly in late 2022. Overall, consumer prices are up nearly 14%. Gasoline is up 39.1%.

Wages rose briskly, by 9.5%. But after adjusting for inflation,...

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