White House admits jobs growth not fast enough

[The Northerner]

WASHINGTON (AFP) – The White House on Friday admitted the US economy was not producing enough jobs to quickly cut the unemployment rate, following the release of the last unemployment data before mid-term elections.

The figures, reflecting the fact that slow economic growth is producing only a sluggish rebound in employment, are likely to set the political narrative at the climax of the campaign before congressional polls on November 2.

Austan Goolsbee, chairman of President Barack Obama's Council of Economic Advisors however argued that the figures showed that private sector jobs growth was continuing, despite the loss of employment in the economy overall.

"This growth provides more evidence that the economy continues to recover, but we must do more to put the economy on a path of robust economic growth.

"At the same time, the rate of job growth is not as large as needed to bring the unemployment rate down quickly," Goolsbee said in a White House blog post.

The Labor Department figures showed the economy unexpectedly shed 95,000 non-farm jobs in September and unemployment remained stuck at 9.6 percent -- with most employment lost in the public sector.

Read more: http://news.yahoo.com/s/afp/20101008/pl_afp/useconomyunemploymentgoolsbeepolitics

[Life Long Dem]

1. 9 straight months of job growth.

The growth is slow but does beat the depression we were told about for 2010.

[Deep13]

2. Maybe if the 100s of House bills could be voted on in the Senate...

...it might help.