The American job market is showing no signs of slowing down with the addition of 275,000 new jobs in February. The unemployment rate has maintained a steady grip below 4 percent for two straight years, now sitting at 3.9 percent. This latest report from the Bureau of Labor Statistics comes on the heels of President Biden’s recent State of the Union address, where he touted the strength of the U.S. economy.

According to an announcement made by Acting Secretary of Labor, Julie Su, the economy has now bolstered 14.9 million jobs since Biden took office. "Today, the Bureau of Labor Statistics reported that the American economy added 275,000 jobs in February. Our economy has added 14.9 million jobs since President Biden took office. The unemployment rate was 3.9 percent in February, continuing a trend of two straight years of a jobless rate below 4 percent," Su stated. The current administration aims to not only continue but also aggressively expand upon these gains. Su expressed in her statement. This sentiment was echoed soon after the job numbers were released on Thursday, March 8th.

The detailed Department of Labor release further outlines the collective strides made under the Biden-Harris administration. The active pursuit of job quality improvement and the connection of workers to viable employment opportunities are central to their economic roadmap.  “Our economy’s strong and steady economic growth doesn’t happen by accident. Leadership matters. Four years ago, workers were struggling after the worst economic crisis in a century, but today – as President Biden emphasized last night in his State of the Union address – our economy is the envy of the world. That’s because we’re building our economy from the middle out and the bottom up, where all of America’s workers have a fair shot. Our work is not done. The Biden-Harris administration will continue to improve job quality and do more to connect workers to the good jobs we’re creating. That’s how we’ll make sure that everyone in our country can feel the benefits of our strong economic growth.” Su pressed on.