US jobs data shows economy ‘heading in the right direction’, Biden says

Joe Biden estimated on Friday that the American economy was on the mend, with inflation gradually coming back under control and a job market still well oriented.

“Our economy is going in the right direction,” assured the American president during a press briefing on Friday at the White House. According to Joe Biden, the American economy is on the mend thanks to inflation which is gradually coming back under control and a job market which is still well oriented according to him.

The American president declares himself confident about a reduction in inflation, which is still high, but while warning that a possible default on the debt represents “the greatest threat” to the country’s economy.