By Haisten Willis | Denver Gazette
President Joe Biden called the United States economy the “strongest in the world’ as the January jobs report showed the country adding 353,000 jobs last month.
“Today, we saw more proof [of the economy’s strength], with another month of strong wage gains and employment gains of over 350,000 in January, continuing the strong growth from last year,” Biden said. “Our economy has created 14.8 million jobs since I took office, unemployment has been under 4% for two full years now, and inflation has been at the pre-pandemic level of 2% over the last half year.”
The economy beat expectations in January and added 353,000 jobs, the Bureau of Labor Statistics reported Friday morning, showing that the labor market started 2024 on strong footing after defying fears of a recession throughout 2023.