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 This material may not be published, broadcast, rewritten or redistributed.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 75 335 19,157
MORTGAGES 119 482 24,676
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 0 479 41,081
BANKRUPTCIES 56 230 14,352
BUSINESS LICENSES 20 77 5,897
UTILITY CONNECTIONS 0 239 22,041
MARRIAGE LICENSES 7 65 5,127

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