» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 131 | Monday, July 8, 2013

White House Calls Jobs Report a Sign of Recovery

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.