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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 This material may not be published, broadcast, rewritten or redistributed.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 57 275 2,662
MORTGAGES 83 393 3,712
FORECLOSURE NOTICES 30 92 873
BUILDING PERMITS 0 530 6,865
BANKRUPTCIES 70 304 2,711
BUSINESS LICENSES 21 104 1,168
UTILITY CONNECTIONS 84 473 3,915
MARRIAGE LICENSES 30 76 699

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