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WEKU
WEKU
Business
Ari Shapiro

How a top economic adviser to Biden is thinking about inflation and the job market

Lael Brainard Ari Shapiro Joe Biden Inflation Economy Gallup
Lael Brainard speaks as President Joe Biden listens during an announcement in Nov. 2021. (Alex Wong/Getty Images)

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.

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