"This is historic progress, pulling our economy out of the worst crisis in 100 years, driven in part by our dramatic progress in vaccinating our nation and beating back the pandemic as well as other elements of the American Rescue plan," Biden said in remarks at the White House.
"To put it simply, our economy is on the move," Biden said.
The $1.9 trillion American Rescue Plan, which passed Congress in March without any Republican support, pumped money into businesses, households and local governments.
The Labor Department reported on Friday that the United States added 850,000 more jobs in June, ahead of analyst expectations and a sign the economic recovery may be accelerating.
Friday's report suggests the United States may return to pre-pandemic employment levels earlier than once expected, White House economic adviser Jared Bernstein said in an interview with Reuters.