President Joe Biden boasted about the strong March jobs report Friday morning, saying it’s a sign that his administration’s plans are working.

“Today’s report marks a milestone in America’s comeback,” he said in a prepared statement. “Three years ago, I inherited an economy on the brink. With today’s report of 303,000 new jobs in March, we have passed the milestone of 15 million jobs created since I took office.”

The 303,000 figure reported by the Bureau of Labor Statistics exceeds the expected gain of 212,000 new jobs, which is favorable news for both the economy and Biden.

Unemployment fell to 3.8%, a historically low figure, despite the Federal Reserve’s interest rate target remaining at 5.25% to 5.5%, the highest level of this century. The numbers may give Biden more ammunition to boost his “Bidenomics” messaging push, though he continues to suffer from low approval ratings on the economy.

“My plan is growing the economy from the middle out and the bottom up, investing in all Americans, and giving the middle class a fair shot,” the president said. “Unemployment has been under 4% for the longest stretch in more than 50 years. Wages are going up. Inflation has come down significantly.”

Still, inflation remains at 3.2%, which is above the Fed’s 2% target, and may be driving public skepticism about the health of the economy. To that end, Biden pointed toward other moves he’s made or promised to help consumers.

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“I’m taking action to lower costs, from bringing down the price of insulin and inhalers and prescription drugs, to eliminating junk fees,” Biden said. “I’m calling on large corporations to pass along their record profits to consumers. And I’ll continue to stand against Congressional Republicans’ efforts to cut Social Security, Medicare, and Medicaid and to enact massive tax giveaways for the wealthy and big corporations.”

Former President Donald Trump has said he will “never do anything to jeopardize” Social Security or Medicare.