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Biden touts huge jobs report as U.S. vaccination rate hits 50%

President Biden trumpeted the strong July jobs report on Friday as evidence that his economic plans are working, but emphasized that more work still needs to be done to ensure the economy's full recovery as the Delta variant continues to spread.

Why it matters: The U.S. added 943,000 jobs in July, while the unemployment rate fell from 5.9% to a new pandemic-era low of 5.4%. But the jobs survey was taken in mid-July — meaning it doesn’t fully reflect possible effects from the recent surge in COVID-19 infections driven by the Delta variant.

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