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Politics
Economics

Biden Brags There Are More Private-Sector Jobs Now Than Under Trump

  • Nonfarm payrolls rose 372,000 in June, May revised to 384,000
  • President warns future job growth will slow to be more stable
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US Added 372,000 Jobs in June, Topping Estimates

President Joe Biden said Friday’s jobs report showed that “our private sector has recovered all of the jobs lost during the pandemic, and added jobs on top of that” but predicted employment gains would slow in the coming months as the country transitions to “stable growth.”

“We have more Americans working in the private sector today than any day during Donald Trump’s Presidency -- more people than any time in our history,” Biden said in a statement, adding that the employment situation left the US “uniquely well positioned to tackle a range of global economic challenges – from global inflation to the economic fallout from Putin’s war” in Ukraine.