US Treasury Secretary Yellen at Davos Agenda: Optimistic about Prosperous Future and Recovery

· Janet Yellen says despite impact of the COVID-19 pandemic, the economic recovery in the US has exceeded the most optimistic expectations

· US labour market is exceptionally strong, with 6 million jobs added in 2021 and the unemployment rate below 4%.

· The Biden administration’s economic growth strategy is guided by modern supply-side economics, which prioritizes labour supply, human capital, public infrastructure and investments in a sustainable environment.

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