U.S. is not in recession, data strong, says White House

FILE PHOTO: A price sign is displayed at a Dollar General store in Arvada

WASHINGTON (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that economic data showed the nation’s economy was solid.

“We are not in a recession,” U.S. President Joe Biden’s top aide told MSNBC in an interview following the release of weekly U.S. jobless data earlier on Thursday. “Unemployment claims remain at a historical low… The economy is growing. It is strong. It is creating jobs.”

(Reporting by Susan Heavey; Editing by Katharine Jackson)

Reuters

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