Under Biden, the unemployment rate averaged about 4.1% overall from February 2021 through May 2024, and it hit 3.4% in January and April 2023, which was the lowest level in 55 years.

Quick Scoop

If you mean the average unemployment rate during Biden’s presidency, it was 4.1%.

If you mean the lowest point it reached, that was 3.4% in January and April 2023.

Context

That 3.4% reading was especially notable because it matched the lowest unemployment rate seen since 1969.

By June 2024, the rate was 4.1% again.

One-line version

Under Biden, unemployment was generally in the low 4% range, with a peak low of 3.4%.