Treasury Secretary Janet Yellen made a robust pitch in the swing state of Nevada that President Joe Biden's policies are powering historic job growth and rebuilding competitiveness, despite polls showing Americans remain skeptical
Speaking at a union hall just off the famous Las Vegas strip, Yellen underscored the importance of the climate-focused Inflation Reduction Act, which marks its anniversary on Wednesday, especially in a summer that has made headlines with record heat and climate change-related disasters.
"Americans are beginning to see in their daily lives the impact of that, but there's a lot more coming down the pike," she said, adding that polls already showed a large share of Americans felt good about their personal situation, even if they had weaker views on the broader economy. The U.S. economy has outrun recession warnings with record-low unemployment, strong wage gains and better-than-expected GDP growth, but many voters who backed Biden in 2020 think the economy has fared poorly, and may not vote for him in the 2024 election, a recentNevada’s economy, which is heavily service-driven, has largely recovered from the pandemic, but its unemployment rate of 5.4% is the highest of the 50 U.S.
She said over 13 million jobs had been created since Biden took office and the share of prime-age Americans - those between ages 25 and 54 - participating in the workforce had reached its highest level in over 20 years. She also touched on the challenges of transitioning away from fossil fuels, citing the risks posed by over-concentration of key inputs such as batteries, solar panels and critical minerals in a handful of countries.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
US Treasury Secretary Yellen: China's slowdown could have spillover effects on overall upbeat US prospectsUS Treasury Secretary Yellen: China's slowdown could have spillover effects on overall upbeat US prospects – by anilpanchal7 UnitedStates China RiskAversion NewsTrading Recession
続きを読む »
Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boostTreasury Secretary Janet Yellen said the Inflation Reduction Act has put America on the right path 'from rapid recovery to stable growth.'
続きを読む »
Yellen to tout 'explosion in U.S. factory construction' as she marks Inflation Reduction Act's anniversaryTreasury Secretary Yellen is set to talk up gains for U.S. manufacturing, as the Biden administration marks the Inflation Reduction Act's one-year anniversary.
続きを読む »
Yellen warns of risks of over-concentration of clean energy supply chainsThe United States is working to build resilient, diversified clean energy supply chains to protect its economic security, while guarding against the risks posed by over-concentration in a handful of countries, U.S. Treasury Secretary Janet Yellen said in remarks prepared for an event in Las Vegas on Monday.
続きを読む »
Yellen upbeat on US economy, says Bidenomics is driving investment, job growth By Reuters*TREASURY SECRETARY JANET YELLEN SAYS U.S. ECONOMY ON 'RIGHT TRACK,' BIDENOMICS IS DRIVING INVESTMENT, JOB GROWTH
続きを読む »
Treasury yields little changed as investors consider economic outlookU.S. Treasury yields were mixed on Monday as investors digested the latest inflation data and looked ahead to key economic reports due throughout the week.
続きを読む »