Wages rose fastest for low-income and blue collar workers – a 16 percent pay increase.The bottom 50 percent of American households saw a 40 percent increase in net worth.Income inequality fell for two straight years, and by the largest amount in over a decade.Poverty rates for African Americans and Hispanic Americans reached record lows.Lifted nearly 7 million people off of food stamps.Unemployment for women hit its lowest rate in nearly 70 years.Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows.Incomes rose in every single metro area in the United States for the first time in nearly 3 decades.ĭelivered a future of greater promise and opportunity for citizens of all backgrounds.The number of people claiming unemployment insurance as a share of the population hit its lowest on record.Jobless claims hit a nearly 50-year low.More Americans reported being employed than ever before – nearly 160 million.Achieved 40 months in a row with more job openings than job-hirings.The unemployment rate reached 3.5 percent, the lowest in a half-century.Middle-Class family income increased nearly $6,000 – more than five times the gains during the entire previous administration.America gained 7 million new jobs – more than three times government experts’ projections.Before the China Virus invaded our shores, we built the world’s most prosperous economy.

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