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4/4/10 Obama economic adviser predicts more job growth

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4/4/10 Obama economic adviser predicts more job growth

Postby embm » Apr 4th, '10, 15:39

3 mins ago
WASHINGTON – A top adviser to President Barack Obama predicts positive job growth, but also says there's a "big hole" in the economy from job losses due to the recession.

Christina Romer, who heads the White House Council of Economic Advisers, says the latest jobs report shows solid employment growth even though temporary workers were a large part of the gain.

About 162,000 jobs were added in March, the most created in nearly three years. But unemployment remains at 9.7 percent.

Romer says consumers still face "a lot of head winds" from the financial crisis with debt and credit difficulties making stronger job growth more difficult.

Romer appeared Sunday on NBC's "Meet the Press."



http://news.yahoo.com/s/ap/20100404/ap_ ... FlY29ub21p

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Re: 4/4/10 Obama economic adviser predicts more job growth

Postby Hadez » Apr 4th, '10, 16:23

i'm not really sure how they can just "create jobs." do they call companies and be like hey you need to hire more people?
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Re: 4/4/10 Obama economic adviser predicts more job growth

Postby dR3 » Apr 4th, '10, 20:47

*Waits for G to come and throw some interesting insults.
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Re: 4/4/10 Obama economic adviser predicts more job growth

Postby Pistolpoppin » Apr 5th, '10, 00:29

About 162,000 jobs were added in March, the most created in nearly three years. But unemployment remains at 9.7 percent.


So basically, 162,000 were new, and around 162,000 were lost :facepalm
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