That's correct. Biden with that job market would have had very strong political approval ratings. The US economy now has a modest, persistent labor deficit due

That's correct. Biden with that job market would have had very strong political approval ratings. The US economy now has a modest, persistent labor deficit due to declining demographics (population growth is largely flat or negative for whites, blacks, hispanics). If you cut immigration much at this point, we'd be seeing a national population decline. Short of an economic catastrophe near-term (whether caused by Covid or other), I would expect Biden will get to enjoy a low unemployment rate in the next 2-3 years as well.