Biden administration creates 16.6 million jobs across 4 years strongest employment record since WWII

The November 2024 jobs report brings the Biden administration's total job creation to 16.6 million, the largest 4-year total of any president since World War II. The unemployment rate averages 3.6% during Biden's term, the lowest sustained level since 1969. Employment reaches 159.3 million by November 2024, approximately 7 million above the pre-pandemic peak. Black unemployment falls to a historic low of 4.8% in April 2023. Hispanic unemployment reaches a record low of 3.9%. Real median household income reaches $83,730 in 2024, the highest on record. New business formation surges 30% above pre-pandemic levels, with record new applications from women and minority entrepreneurs. Critics note the job gains partly reflect pandemic recovery rather than policy.