President Joe Biden is hoping that the surprisingly strong jobs market can help avert a recession. But a lot of things could get in the way, and the economy could stumble.
FILE - President Joe Biden speaks during a meeting with his "Investing in America Cabinet," in the Roosevelt Room of the White House, Friday, May 5, 2023, in Washington. For Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears. Most U.S. adults have downbeat feelings about Biden's economic leadership, as high inflation has overshadowed a strong jobs market.
WASHINGTON — For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears.
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