How a top economic adviser to Biden is thinking about inflation and the job market
The latest numbers show a strong picture for the U.S. economy.
New figures show unemployment is down to 3.7%, and it's been under 4% for nearly two years now. Employers also added 199,000 jobs last month and wages keep rising. So why do so many Americans have a pessimistic view of the economy? Gallup's recent economic confidence poll shows that nearly three quarters of Americans think the economy is getting worse.
National Economic Council Director Lael Brainard, whose job it is to advise President Joe Biden on economic policy, host Ari Shapiro on Friday about what the numbers show and why inflation is still an issue.
