Biden Celebrates Latest , Jobs Report , and Economic Gains .<br />'The Independent' reports that the United States economy <br />surpassed expectations in May while adding 272,000 jobs, <br />giving President Joe Biden a boost ahead of the 2024 election.<br />'The Independent' reports that the United States economy <br />surpassed expectations in May while adding 272,000 jobs, <br />giving President Joe Biden a boost ahead of the 2024 election.<br />The great American <br />comeback continues, <br />but we still have to <br />make more progress, Joe Biden, President of the United States, via 'The Independent'.<br />On my watch, 15.6 million <br />more Americans have <br />the dignity and respect <br />that comes with a job. , Joe Biden, President of the United States, via 'The Independent'.<br />Unemployment has been <br />at or below 4% for 30 months—<br />the longest stretch in 50 years. , Joe Biden, President of the United States, via 'The Independent'.<br />And a record high <br />share of working-age <br />women have jobs, Joe Biden, President of the United States, via 'The Independent'.<br />Despite Bureau of Labor Statistics data showing <br />a change of only 4%, the unemployment <br />rate exceeded economists' expectations. .<br />The greatest increase was seen in the health care <br />sector, which added 68,000 jobs in May, <br />while the government added another 43,000.<br />The greatest increase was seen in the health care <br />sector, which added 68,000 jobs in May, <br />while the government added another 43,000.<br />The month of May also saw wages go <br />up by 0.4%, contributing to a 4.1% <br />increase since the same time in 2023.<br />'The Independent' reports that the increase <br />in wages means that workers' earnings <br />have now outpaced inflation.<br />According to BLS data, <br />the consumer price index <br />increased by 3.4% in the past year
