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.