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_biden-celebrates-latest-jobs-report-and-economic-gains.webp "Biden Celebrates Latest , Jobs Report , and Economic Gains .<br/>'The Independent' reports that the United States economy <br/>surpassed expectations in May while adding 272,000 jobs, <br/>giving President Joe Biden a boost ahead of the 2024 election.<br/>'The Independent' reports that the United States economy <br/>surpassed expectations in May while adding 272,000 jobs, <br/>giving President Joe Biden a boost ahead of the 2024 election.<br/>The great American <br/>comeback continues, <br/>but we still have to <br/>make more progress, Joe Biden, President of the United States, via 'The Independent'.<br/>On my watch, 15.6 million <br/>more Americans have <br/>the dignity and respect <br/>that comes with a job. , Joe Biden, President of the United States, via 'The Independent'.<br/>Unemployment has been <br/>at or below 4% for 30 months—<br/>the longest stretch in 50 years. , Joe Biden, President of the United States, via 'The Independent'.<br/>And a record high <br/>share of working-age <br/>women have jobs, Joe Biden, President of the United States, via 'The Independent'.<br/>Despite Bureau of Labor Statistics data showing <br/>a change of only 4%, the unemployment <br/>rate exceeded economists' expectations. .<br/>The greatest increase was seen in the health care <br/>sector, which added 68,000 jobs in May, <br/>while the government added another 43,000.<br/>The greatest increase was seen in the health care <br/>sector, which added 68,000 jobs in May, <br/>while the government added another 43,000.<br/>The month of May also saw wages go <br/>up by 0.4%, contributing to a 4.1% <br/>increase since the same time in 2023.<br/>'The Independent' reports that the increase <br/>in wages means that workers' earnings <br/>have now outpaced inflation.<br/>According to BLS data, <br/>the consumer price index <br/>increased by 3.4% in the past year")
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