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A Project of The Annenberg Public Policy Center

Biden Cherry-Picks Unemployment Record

Biden Cherry-Picks Unemployment Record

In recent speeches touting so-called Bidenomics, President Joe Biden has repeatedly cited the statistic that “unemployment has been below 4% for the longest stretch in over 50 years.” That’s true, but there’s some cherry-picking going on.

Biden’s Misleading Claims About the Economic Recovery and Unemployment

Biden’s Misleading Claims About the Economic Recovery and Unemployment

When President Biden signed the American Rescue Plan into law in March 2021, U.S. gross domestic product had increased for three quarters straight, and the unemployment rate had decreased nearly nine percentage points from its pandemic peak. But Biden wrongly credited the Democratic COVID-19 relief bill with rescuing a U.S. economy “in decline.”

Biden’s Numbers

Biden’s Numbers

Statistical measures of the president’s term to date.