UP NEXT
UP NEXT White House Economic Adviser Jared Bernstein told "Fox News Sunday" that the January job report is evidence that the U.S. Is not experiencing a recession. "My point is that 3.4% unemployment is not recessionary," Bernstein said. "Half a million jobs in January is not recessionary. 2.9% on GDP at the end of last year is not recessionary." The White House continues to cite positive job reports to counter voter concerns over historic levels of inflation and gas prices — an approach President Biden is likely to emphasize in his State of the Union address Tuesday. The unemployment rate hit its lowest level since 1969, while inflation is at its highest level in four decades.