ChainCatcher news, U.S. President Biden issued a statement on the July non-farm report, saying that since Vice President Harris and I took office, our economy has created nearly 16 million jobs and the average unemployment rate is lower than any administration in 50 years. , income growth is faster than price increases. Today's report shows that while inflation has fallen significantly, job growth has been slower. Business investment remains strong, thanks in part to the Invest in America agenda, which is creating good-paying jobs in lagging communities. Prices are still too high. We will continue to lower costs by cracking down on price gouging, limiting prescription drug costs and building more housing.