2024 State of the Union address: on Jobs

Joe Biden: We created 15M jobs in 3 years: a record

"Biden's number is accurate: the US economy added 12.1 million jobs between Biden's first full month in office, February 2021, and January 2023. That number is indeed higher than the number of jobs added in any previous four-year presidential term. However, it's important to note that Biden took office in an unusual pandemic context that makes meaningful comparison to other periods very difficult."

Adding figures since then, The Guardian wrote on 2/2/24, "The US added 2.7m jobs last year even as the Fed drove interest rates up to a 22-year high." And CNN adds on 3/7/24, "Economists expect that US employers added 200,000 jobs last month". That totals to 15 million jobs.

Joe Biden: FactCheck: $100,000+ salaries only with college degree

A 2021 report found that 277,000 people worked in the industry with an average salary of $170,000 in 2020. But only those with a bachelor's degree ($120,000) or a graduate degree (over $160,000) had wages that topped six figures. Workers with a high school education or less could expect to earn a little more than $40,000. Those with at least some college experience could make $60,000. Only 20% of semiconductor workers at the time had not attended college. Conversely, 56% of workers had a bachelor's or graduate degree.