Has unemployment risen under President Biden?
By Austin Tannenbaum
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NO
The unemployment rate is down since president Biden took office, according to Bureau of Labor Statistics data.
In January 2021, the unemployment rate stood at 6.4%. Since then, it has steadily declined. In January 2022, the rate was 4.0%.
Prior to the COVID-19 pandemic, unemployment reached as low as 3.5% in the early months of 2020 before spiking to 14.7% in April of that year due to lockdowns.
This fact brief is responsive to conversations such as this one.
Sources
US Bureau of Labor Statistics Bureau of Labor Statistics Data
IZA Institute of Labor Economics Lockdowns and the US Unemployment Crisis
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