President Joe Biden delivered a speech on Tuesday, touting the progress his administration has made on creating jobs and curbing inflation. However, a recent poll shows that many Americans remain wary of the economy and its impact on their personal finances.
Biden highlighted the addition of 10 million jobs since he took office, as well as a decrease in the unemployment rate to 3.4%, which is near a 50-year low. He also noted that inflation has declined from a peak of 9.1% in June to 6.5% in December.
However, a new poll by the Pew Research Center found that only 39% of Americans approve of the way Biden is handling the economy. The poll also found that 71% of Americans believe the country is in a recession, even though the National Bureau of Economic Research has not officially declared one.
Biden acknowledged the concerns of Americans, saying that he knows .
