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VOL. 128 | NO. 131 | Monday, July 08, 2013

White House Calls Jobs Report a Sign of Recovery

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WASHINGTON (AP) – The White House says the June jobs report is good news that further confirms the economic recovery.

The new report says that despite monthly volatility, the pace of job creation is growing.

The government reported Friday that employers added 195,000 jobs last month. The unemployment rate remained at 7.6 percent because more people started looking for work.

Alan Krueger is chairman of President Barack Obama's Council of Economic Advisers. Krueger is repeating a White House plea not to, quote, "impose self-inflicted wounds on the economy."

The White House is battling Congress over how much to cut the federal budget, with Obama arguing that immediate spending cuts are hurting the recovery.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 388 9,204
MORTGAGES 119 513 12,365
FORECLOSURE NOTICES 0 98 2,526
BUILDING PERMITS 0 960 20,801
BANKRUPTCIES 77 338 7,964
BUSINESS LICENSES 14 91 3,315
UTILITY CONNECTIONS 180 695 11,718
MARRIAGE LICENSES 33 147 2,815

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