Thread by @RepDonBeyer

The U.S. economy has added 6.4 million jobs in the first year of @POTUS' term (with time still to go).

The last three GOP presidents saw 1.9 million (Bush 41), 1.4 million (Bush 43), and –3 million (Trump) total jobs added during their entire presidencies
fred.stlouisfed.org/series/PAYEMS

Under President Biden's leadership the U.S. economy has seen THREE TIMES times as many jobs created in a single year as were created under the past three Republican presidents *put together* across sixteen years.

Republican presidents have served 10 four-year terms since the Bureau of Labor Statistics began publishing employment situation reports.

Only one of those four-year terms saw more jobs created than the 6.4 million we've added since @POTUS took office less than one year ago.

When @POTUS took office, the unemployment rate stood at 6.4%. It now stands at 3.9%.

The U.S. unemployment rate never fell below 4% between 1970 and 2000.

That 2.5% decrease represents one of the fastest drops in unemployment in history. fred.stlouisfed.org/series/UNRATE

President Biden achieved the best single-year record of job creation in 2021 in U.S. history.

Economic analysts and the Congressional Budget Office projected it would take years to achieve this kind of drop in unemployment.

And @POTUS is just getting started.