Biden Says Jobs Report Shows Economy Is Making Progress

The video discusses the significant improvements in the American unemployment rate, which has dropped below 5% since the speaker took office. It highlights the widespread nature of this improvement, including notable decreases in unemployment rates for Hispanic and African American workers. The video also emphasizes the substantial drop in long-term unemployment and the increase in average wages. Additionally, it reports on the lowest number of layoffs and job reductions since 1997. Overall, the video presents a positive trend in job creation, with nearly 5 million jobs created in the first eight months of the administration.

What was the largest single month drop in long-term unemployment since records began?

What trend is observed in job creation since the administration took office?